Yachts and Boats Business Seeking Loan in Veymandoo, Maldives
Maldives based boat building company, with 3-4 orders per year, creating luxury speed boats.
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 104 thousand |
| Run Rate Sales | USD 117 thousand |
| EBITDA Margin | 40 % |
| Industries | Yachts and Boats |
| Locations | Veymandoo |
| Local Time | 8:52 AM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
6.2 thousand
for
10.5%
annual interest,
2
years
(Native Currency: MVR 95,000)
Reason: Seeking funds to procure tools and equipment.
The sought transaction amount is in addition to the e...
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Collateral Available: USD 98 thousand
Includes physical assets worth
USD
130 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Quotation
(62.9 KB)
Certificate of Registration
(249.5 KB)
Business Overview
- Luxury speed boat building company, based in Maldives.
- Sold to the tourism companies and also to a few individual people.
- Used commercially by resorts for commuting between islands, fishing and sea sports activities.
- We build based on the orders we get.
- Receive orders for about 3 to 4 boats per year.
- Average value of each boat is MVR 350k and the duration for completion of 1 boat is 4 months.
- Raw materials are procured from Male and China.
- There is 1 permanent employee, additionally, there are 7 contract workers, working in the building unit.
- Has high demand because of the booming tourism industry and the entire country is separated by islands.
- Sold to the tourism companies and also to a few individual people.
- Used commercially by resorts for commuting between islands, fishing and sea sports activities.
- We build based on the orders we get.
- Receive orders for about 3 to 4 boats per year.
- Average value of each boat is MVR 350k and the duration for completion of 1 boat is 4 months.
- Raw materials are procured from Male and China.
- There is 1 permanent employee, additionally, there are 7 contract workers, working in the building unit.
- Has high demand because of the booming tourism industry and the entire country is separated by islands.
Products & Services Overview
Luxury speed boat - Sold to the tourism companies and also to a few individual people.Used commercially by resorts for commuting between islands, fishing and sea sport activities.
Assets Overview
1 Motorcycle.2 boats 22ft each.
Tools.
Facilities Overview
Rented facility of 2,000 sq ft, located in Hirilandhoo, Veymandoo, Maldives.
Capitalization Overview
The business is self-funded.No outstanding loans.
There is 1 director/owner.
Tags:
Yachts and Boats Business Seeking Loan in Veymandoo, Maldives
·Lend to Yachts and Boats Business in Veymandoo, Maldives
·Motorboat Business Seeking Loan in Veymandoo, Maldives
·Yachts Business Seeking Loan in Veymandoo, Maldives
·Yacht Business Seeking Loan in Veymandoo, Maldives
·Boat Business Seeking Loan in Veymandoo, Maldives
·Lend to Motorboat Business in Veymandoo, Maldives
·Lend to Yachts Business in Veymandoo, Maldives
·Lend to Yacht Business in Veymandoo, Maldives
·Lend to Boat Business in Veymandoo, Maldives
·Yachts and Boats Business Seeking Loan
·Lend to Yachts and Boats Business
·Motorboat Business Seeking Loan
·Yachts Business Seeking Loan
·Yacht Business Seeking Loan
·Boat Business Seeking Loan
·Lend to Motorboat Business
·Lend to Yachts Business
·Lend to Yacht Business
·Lend to Boat Business
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