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Newly Established Guest House Seeking Loan in Vashafaru, Maldives

Business planning to start a guesthouse with a restaurant seeks a loan to start construction.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Guest Houses
Locations  Vashafaru
Local Time 2:24 PM Indian / Maldives
Listed By Advisor / Business Broker
Status Active
Overall Rating
Seeking Loan
USD 70 thousand for 11.0% annual interest, 10 years (Native Currency: MVR 1,000,000)
Reason: - Seeking funds to start the construction of the guest house. - The advisory will not charge any fe... View More
Collateral Available: USD 70 thousand
Includes physical assets worth USD 70 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Seeking investment for a company planning to start a guest house.

- The guest house will have rooms, and a restaurant and will provide water activities.

- The land is located near a beach.

- The plan for the construction of the guesthouse is under development.

- Construction will start as soon as the investment is received.

- It will take 8-12 months to finish the construction and start the operations.

- The registration will be acquired once construction has started.

Products & Services Overview

Planning to start a guesthouse with a restaurant and provide water activities.

Assets Overview

The physical asset of the business is the land.

Facilities Overview

Have a spacious land to construct a guesthouse along with a restaurant. It is owned by the business.

Capitalization Overview

- There are no partners in the business.

- The business is debt-free.

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13 Investors viewed this Business this month.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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