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Yachts and Boats Business Seeking Loan in Inguraidhoo, Maldives

Business into building boats and safari boats with 3 ongoing projects seeks a loan.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 200 thousand
Run Rate Sales USD 200 thousand
EBITDA Margin 40 %
Industries Yachts and Boats
Locations  Inguraidhoo
Local Time 1:44 PM Indian / Maldives
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 200 thousand for 6.0% annual interest, 10 years (Native Currency: MVR 3,000,000)
Reason: Need funds to start a vessel leasing business for tourism and safari industry. The stake will be giv... View More
Collateral Available: USD 0
Includes physical assets worth USD 26 thousand
Interested to connect with advisors
Documents
Business Overview

- Successfully completed boat-building products.

- Specialized luxury boat building safari boat building and interior and exterior finishing.

- Currently completed more than 50+ projects.

- Currently going on 3+ projects on luxury safari boats. Usually takes 2 months to complete.

- We procure the raw materials from local traders.

Products & Services Overview

We build safari boats and normal boats.

Design and build vessels for the needs of the customer.

Assets Overview

Own land area of 1,000 sqft, machinery, and tools.

Facilities Overview

Own building sites and areas are on the local island.

Capitalization Overview

- Currently, we have 100% shareholding without any debts/ loans outstanding. C.

But anyone who is interested in joining the business to expand, with valuable offers will be welcome.

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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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