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    Yachts and Boats Businesses Seeking Loan in Asia

    Showing 1 - 1 of 1 Yachts and Boats Businesses Seeking Loan in Asia. Lend to a Yacht and Boat, Yacht, Boat or a Motorboat Business.

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    Yachts and Boats Business Seeking Loan in Veymandoo, Maldives

    Maldives based boat building company, with 3-4 orders per year, creating luxury speed boats.
    - 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.
    Maldives based boat building company, with 3-4 orders per year, creating luxury speed boats.
    6.5   Veymandoo
    Run Rate Sales
    USD 120 thousand
    EBITDA Margin
    40 %
    Business Loan
    USD 6 K at 10%
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