Hotel Seeking Loan in Charlotte Amalie, U.S. Virgin Islands
Seeking-Loan: High-end hotel in USVI delivering superior experience to global guests, increasing revenue since 2016.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | C Corporation |
| Reported Sales | USD 250 thousand |
| Run Rate Sales | USD 300 thousand |
| EBITDA Margin | 40 % |
| Industries | Hotels |
| Locations | Charlotte Amalie |
| Local Time | 1:48 PM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
2.9 million
for
12.0%
annual interest,
20
years
(Native Currency: USD 2,900,000)
Reason: Bank fees, and SBA cash infusion requirements for construction, lack of local banks that provide loa...
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Collateral Available: USD 3.5 million
Includes physical assets worth
USD
45 thousand
Interested to connect with advisors
Documents
Business license
(1.0 MB)
Business Overview
- The highest rated hotel on St. Thomas which offers a high end, local experience.
- We are the highest rated hotel in the USVI. We have increased revenue each year since 2016, including during both Hurricanes and the global pandemic.
- We have relationships with many global tour companies and travel agents.
- The hotel has 5 rooms, a pool, AC, private baths, breakfast included, free parking and WIFI, beach towels, shower amenities and concierge services.
- Peak seasons are December to April.
- The current employee count is sufficient to manage demand. We plan on scaling it up to 10-15 soon.
- We are the highest rated hotel in the USVI. We have increased revenue each year since 2016, including during both Hurricanes and the global pandemic.
- We have relationships with many global tour companies and travel agents.
- The hotel has 5 rooms, a pool, AC, private baths, breakfast included, free parking and WIFI, beach towels, shower amenities and concierge services.
- Peak seasons are December to April.
- The current employee count is sufficient to manage demand. We plan on scaling it up to 10-15 soon.
Products & Services Overview
- The highest rated hotel on St. Thomas which offers a high end, local experience.- Guests from all over the world travel to St. Thomas specifically to experience our hotel.
Assets Overview
Assets include:The building, furnishings, bedding, tools, equipment.
Facilities Overview
We are in a historic West Indian home, with 5 guest rooms, pool and common spaces. The total space is 4500 square feet of indoor space 2,000 Square feet of outdoor space on a 0.25 acre land.Located in Downtown Charlotte Amalie.
Capitalization Overview
The business is profitable and carries very little debt (USD 300k). The building is owned outright, with no mortgage. There are two shareholders each with 50% ownership interest.
Recent Activity
-
Earlier than 15 daysChief Technical Officer, Real Estate Development, London, Corporate Investor / Buyer connected with the Business
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