Newly Established Resort Seeking Loan in Bocas del Toro, Panama
Mid-luxury, semi-inclusive over-the-water resort on an island near the airport in Bocas del Toro.
Premium Plan
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | S Corporation |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Resorts |
| Locations | Bocas del Toro |
| Local Time | 3:54 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
18 million
for
7.0%
annual interest,
15
years
(Native Currency: PAB 18,000,000)
Reason: The business is seeking a loan for construction. We are willing to give full transparency to all pur...
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Collateral Available: USD 30 million
Includes physical assets worth
USD
40 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Full 3 to 4 Phase Build Out Projections
(121.6 KB)
Teaser / Exec Summary
(318.5 KB)
Cadastral Title Map of Land
(1015.1 KB)
Water Concession Rights Contract
(1.8 MB)
Authority of Titled Land Ownership
(463.1 KB)
Entity (1BL2BS)
(1.5 MB)
Island Ownership
(84.1 KB)
Palms Island Ownership
(121.0 KB)
Business Overview
- Prefabricated design, expected 20 keys in phase I + 2 restaurants.
- Beach, lobby, pools, bars, and event center.
- We are seeking funding for the construction of Phase I (estimated USD 12M - USD 15M build-out).
- Island is worth USD 12.2 in current condition.
- Purchased existing project, water rights, active EIA studies, permits, and all assets from a prior developer who had a health condition.
- The construction duration is a period of 36 months.
- The expected nightly rate would be between USD 450 - USD 1,000 a night.
- Restaurant concepts will be on the water, as well as another submerged and surrounded by existing coral and underwater wildlife.
- Beach, lobby, pools, bars, and event center.
- We are seeking funding for the construction of Phase I (estimated USD 12M - USD 15M build-out).
- Island is worth USD 12.2 in current condition.
- Purchased existing project, water rights, active EIA studies, permits, and all assets from a prior developer who had a health condition.
- The construction duration is a period of 36 months.
- The expected nightly rate would be between USD 450 - USD 1,000 a night.
- Restaurant concepts will be on the water, as well as another submerged and surrounded by existing coral and underwater wildlife.
Products & Services Overview
Nightly stays, food & beverage, amenities, events.
Assets Overview
Current tools, land, contracts boating docks, and platforms (which need reengineering).
Facilities Overview
The facility is located within a 15-minute boat ride from the Bocas Del Toro airport. Each room will be stand-alone, and over the water (like in the Maldives).
Capitalization Overview
- No debt or liabilities outstanding in the business.- There are 2 shareholders with 100% ownership in the business.
Recent Activity
-
Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysSpecialist Advisor, Investment Banking, London, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Hyderabad, Financial Consultant connected with the Business
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