Food & Beverage Businesses for Sale and Investment Opportunities in Addu City

- The land proposed to be used to construct the hotel or guesthouse is located in a prime area in the south region of Male. - A startup company right now is engaged in renting accommodations. - Seeking funds for a tourism startup business in the Maldives that provides combo hotel packages, transfers, activities etc.

- Newly constructed 10-room hotel in Addu Island. - The hotel is constructed on a plot of 2,000 sq. ft. and its total built-up area is approx. 7,500 sq. ft. - It has four storeys and a rooftop restaurant. - We advertise through OTAs like Agoda and Booking. com. - Most of the rooms have a view of the ocean and one room is equipped with a Jacuzzi. - We have not been able to entertain any guests as of now due to the prevailing curfew in our country. - The lessee will get the hotel building and all physical assets like furniture on a long-term lease of 15 years for the asking price of USD 850,000. - The lessee will not have to pay any additional annual/monthly rent for the land. - Owner is a real estate developer and owns both land and building.

- Business that runs a hotel, restaurant and has tour and diving services. - The operational hotel has 15 rooms and is overbooked during in season and has an occupancy rate of 40%-50% off-season. - The restaurant has a seating capacity of 80 pax and is available on online delivery aggregators. It is a lake view restaurant. Receive 30-35 orders daily. - Business is looking for funds to start a new hotel and diving facility. - The land is already acquired for the new hotel but the design is yet to be completed. It will be a luxury hotel with 20 rooms, a swimming pool, and a sky view restaurant. - Business only has 1 owner and is debt-free.

- The business is a recognized leader in the seafood industry in the Maldives, with a focus on wholesale exporting of sustainable seafood, particularly fresh yellow-fin tuna products, to international markets. - The company operates its own processing and storing facility for seafood, as well as an inbuilt 50MT frozen storage, indicating a strong vertical integration in its operations. - In addition to its seafood export operations, the business is currently expanding into the tourism industry, with a focus on transit stays within the capital of Malé, showcasing a diversified revenue stream. - The company has a proven track record of exporting seafood to various regions, including Europe, USA, Japan, and the Middle East, indicating an established international market presence. - Despite facing challenges due to the impact of COVID-19, which led to a significant drop in sales and the exhaustion of approximately 80% of its cash flow, the business is now in the process of rebuilding and is determined to recover from the setbacks. - With a team of 20 employees, the business has demonstrated resilience and adaptability, positioning itself for growth and expansion within the agriculture wholesale and guest house industries in the Maldives. - The company's strategic focus on sustainability and its ability to navigate international trade dynamics make it an attractive investment.

In 1999, Gerhard Kolflaath, the founder of Vabene, developed the concept in Sweden and Italy, Vabene’s mission was simple; to bridge the gap between Italian quality manufacturers and the Swedish market. Vabene has been developed in close cooperation with Italian producers and supplies products wherever Vabene established itself. Initial production began in two factories serving kitchens and bathrooms. Vabene has now expanded worldwide working as a single-source turnkey supplier for all your Italian interior products and services in one convenient location, with 28 affiliated factories. Our representation of strong Italian producers, some of which have been operating for over 50 years, gives us a commanding position in the market. The Vabene brand today consists of two concepts: Vabene Casa, the flagship store that retails: Kitchen, Bath and furniture but also a range of design services. Vabene casa is generally around 800-1000 Sq. M. the second brand in the portfolio is Vabene itself which concentrates on kitchen and bathroom space requirements 300-500 Sq. M. Our customers beyond end-consumers include: Interior designers, Architects, fit-out companies and property developers, and the suppliers within the Vabene network are geared for large projects such as Hotels, Large mansions and large residential projects. In terms of positioning, Hacker is the brand that price-wise comes closest to Vabene, but Vabene has a larger range. Vabene is a no-royalty franchise model, with high margins and great expansion potential. No stock is maintained as the products are all produced based on customer requirements. The projected figures have been achieved in the other stores currently operating for the business & the same is expected to be replicated in the franchises as well. I am an advisor for the business but will not charge any success or upfront fee.

- Manufacturing and supplying uniforms to numerous schools in the Maldives, undertaking water and sewerage projects, alongside the importation of machinery and diverse equipment for sale, constitute key aspects of our operations. - Our major revenue is from sewerage projects which we take on contracts from Male Water & Sewerage Company Pvt. Ltd. - The local tourism guesthouse project is a significant endeavor. Upon completion, it will boast 24 rooms spread across 5 floors, alongside an open-air restaurant and a swimming pool. It's poised to become a top-tier guesthouse, providing comprehensive facilities and amenities. - The land is near the bikini beach of Mathivari in Maldives which is owned by the owner. - As a nascent venture, progress has been limited thus far. Nonetheless, strategies are actively being developed to propel business growth and augment revenue streams. - The business has a registration certificate to operate.

- Project based investment for a boutique hotel on Tulusdhoo Island. - Company boasts over 24 years of experience in the tourism industry, with strong connections in key markets. - The Tulusdhoo Island project features 38 rooms, with construction at 90% completion. - Estimated completion time: December 2024. - Amenities include a pool, restaurant, and yoga deck. - Licenses for building permits and registration secured. - Property spans 25,200 sq ft. - Holding company currently operates three boutique hotels in the Maldives, generating USD 1 million in revenue.

- Ongoing project: acquired land, seeking funds for guest-house development. - Land: own 5,000 sqft parcel secured for construction. - Guest house: plans drawn, construction permit obtained for a 22-key guest house. - Permits & licenses: all necessary construction permits and business licenses are in place. - Promoters' experience: collective 45 years of experience among promoters. - Construction timeline: maximum completion time set at 12 months, targeting 7 months. - Expansion potential: option to expand room capacity, albeit with increased investment. - Facility details: 22-key, 3-story building with terrace, reception, office, swimming pool, shop, coffee shop, restaurant, and kitchen.

- First international watch brand in the Maldives. - The store was opened by the former president of the United Nations General Assembly, HE Mr. Abdulla Shahid. -Acknowledged by the president and government of the Maldives. - Design is proprietary, but manufacturing is outsourced through one manufacturer in China. - Designed by a top Maldivian Designer. - The company's B2C sales channels include retail stores and social media with 40,000 followers. - Majority of revenue is generated from B2B sales, by placing in showcases at resorts and supplying to wholesalers. - The company sells approximately 10,000 watches annually. - Average price of products ranges from $150 to $500 USD. - There are 27 permanent employees and additionally, there are a few contract/temporary employees as well.