7.2 / 10
 Malé

The company operating 3 guesthouses in the Maldives looking for business loan for new project.

Key Business Facts
Yearly Sales USD 18 million
EBIDTA Margin 10 - 20 %
Industries Guest Houses
Locations  Malé
Business Overview
- Business running guest houses and hotels in the Maldives looking for a business loan.
- The business currently operates 3 guest houses and will start more operations soon.
- The company with a lot of properties up for investment and assets that are up for purchase.
- They have connections to the leading companies of Maldives.
- The different guesthouses have an accommodation capacity of 70-12-56.
- Guesthouses also have restaurants, pools, and vehicle services to and from the airport.
- The founders have over 20 years of experience in this industry.
- The company is a registered limited Company in Maldives. The company has the license to operate travel agencies, license to operate guest houses in Maldives, license to operate construction projects in Maldives.
- Since we help companies to get investors we dont have much work to allocate more personal. Therefore the revenue is high though there are only 2 employees.
Products & Services Overview
Guesthouses and private islands for purchase and long-term lease.
Capitalization Overview
- Currently, the business is run by the owner's capital and director’s share contribution. - As the current project needs a huge investment, the project is still on hold. - There are 5 partners in the business. The. Shares are equally divided among 3 partners and the MD has a 40% share. One partner is a sleeping partner.
Assets Overview
4,000 Sq. Ft. land. 3,800 Sq. Ft. land. 4,000 Sq. Ft land. 2 private islands. 1 resort Island. 1 guest house. 1 city hotel.
Seeking Loan
USD 11 million for 10.5% annual interest, 7 years (Native Currency: USD 10,940,000)
Reason: The business is seeking an investment loan to carry out a tourism sector business which will have a ... View More
Collateral Available: USD 11 million
Includes physical assets worth USD 75 million
Interested to connect with advisors
In talks with 3 Investors
Contact Business