Businesses for Sale and Investment Opportunities in Maldives

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.

Algorithmics is a programming school for children with over 500 franchisees across the globe and majorly in 90 countries with over 1 million graduates. We combine offline and online learning to make programming simple, exciting, and fun for children to study. Our main motive is for a child to choose the right course before learning it. So we give them programs according to their interest. For students of ages 6-7, we impart the fundamentals of logic and programming. The idea behind it is to start step by step while learning the fundamentals of programming.

Palazzo Hospitality manages and operates one of the most sought-after properties in the UAE, Palazzo Versace Dubai, bringing into hospitality the DNA of the famous Italian fashion house, this ultra-luxury hotel. Located in Jaddaf Waterfront has constantly made headlines across the world, launching some unique projects in the industry. Palazzo Versace Dubai was one of the first hotels in the GCC region to expand the e-commerce side of the business setting in 2022 the “Gift An Experience” platform, where guests could purchase hotel stays, dining or wellness experiences with the ease of a click. The property has also introduced cryptocurrency payments and partnered with one of the world’s largest crypto exchange platforms, Binance. We are now looking to expand the brand globally by franchising and are seeking franchise partners for our hotel brands (Seotra, Myde Hotels, and The Appointment Hotel). Seotra - Ultra-luxury resorts for those seeking a serene holiday, Seotra hotels are right in the place the Earth meets the sea. Offering sophisticated pleasures on land and water, Seotra comes forward with incredible tailored experiences across the beach and nature. MYDE Hotels - Featuring an artful visual language that stands as a global model for purpose-built lifestyle living, MYDE Hotels put their guests at the core of everything, providing legendary services, the most luxurious amenities, and state-of-the-art facilities. Accented with cutting-edge designs and over-the-top technologies, the guests will be immersed in a true lifestyle experience complemented by unique dining prepositions across all the properties. Classy, minimalistic touches define MYDE Hotels. The Appointment - Putting hotels right in the heart of the destination, The Appointment features a wide number of facilities for business travelers, from proximity to financial districts to high-end meeting facilities, exceptional service, and effective workspaces. Adding sophistication and style, The Appointment caters to the most discerning tastes, making a business stay fine.

- 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.

- We are an exclusive brand for bird food, currently catering to 500+ retail shops, looking for distributors around India. - Available In more than 6 states across India. - We export to 3 continents including European Union, Australia, and Asia. - We export to 6 countries including, New Zealand, the Philippines, Spain, the United Kingdom, Thailand, and Bahrain. - We are certified by FSSAI, SGS, GEO CHEM, APEDA, PHARMAXICL, IOPEPC, and Spice board. - We are seeking distributors to expand to countries like Bhutan, Nepal, Bangladesh, and other regions in Asia. - The brand fee mentioned for the distributor franchise format is a refundable security deposit.

- We have been in the same business for 5 years. We started offline sales a few months back. We used to sell exclusively online. - Shop is located on the main road. - On a daily basis, we receive around 20 customers and we sell to around 8 customers. - Purchasing products from distributors in the USA and Dubai. - Two employees are sufficient to run the retail shop sales.

- Resort property in the Maldives that has generated great interest from big players is up for sale. - The resort has 122 units including overwater villas. - The construction has been completed. - It is located close to the airport. - The resort does not have any employees and it has not started generating any sales yet. - The resort was being constructed for the past 6 years, the process slowed down due to the pandemic.

- Business was founded in 2022 with the idea of introducing a pet grooming salon in Male, Maldives as the Maldives have a huge pet loving community. - Currently taking 4- 6 appointments per day. But with a certified groomer, it will be possible to double the number of appointments.

- We are engaged in resort development and the sale of properties that we develop. We are seeking prospective long-term lease partners for island properties. - There are green field islands available for long-term lease that are suitable for tourist resort development by investors. There is no infrastructure or property development undertaken on the islands. - The buyer could develop a 5 star hotel property on the island. - They are located 45 minutes away from Malé, the capital of Maldives, and the international airport by speed boat and 15 minutes by sea-plane. - The business owns 5 islands including the islands for lease and these islands are located within the same lagoon. - There is excellent scope to conduct water sport activities like scuba diving and speed boating off the coast of these islands. Besides that, the beaches are clean with white sand while the water in the lagoon is clear. - The property's head lease are owned by the business and they are free of all burden and debt. The property is owned by us and is approved by the Tourism Ministry of Maldives.

- This is a resort-like beach hotel, that had an 80% occupancy rate pre-Covid. - Covid has impacted the run rate sales of the business. - The property value is USD 7.2 million. The land is leased from the government. - There are 16 rooms in the facility and we have approved plans to expand it to 44 rooms. - We are selling the majority stake in the business. - The board has decided to sell this stake at half the price as the business has been impacted due to Covid, and funds are required for other businesses of Nazaki Group.