Amount Invested 1 mil
Funding Required RM600,001 to RM1,000,000
Description The development project is to convert the property at Lot1000 and Lot1001 into a boutique resort of 50 – 80 luxury suites and villas (approximately 200sqf – 500sqf per unit) with a capacity of 100 – 200 pax at one time. Depending on the final financial and operational estimate, the resort may be built with as few as 3 block units, with phase by phase plan prepared for the expansion of the complex over time.
Business Opportunity Sutra represents an opportunity to acquire a residential Villa and Resort project situated in Tioman’s premier coastal resort. Juara is one of the most attractive areas within Tioman Island with an enviable climate, beautiful coastal scenery and quiet night life, attracting 380,000 visitors a year. Juara is in a different league from the rest of Tioman’s busy beaches. Tourism infrastructure and transportation around the site is well developed, with Airport located within 25 minute transfer time of the site, providing direct access for Tioman and the mainland.
Revenue / Business Model Revenue estimate. The project is financially viable with Net Current Value (NCV) of RM146,432.80. Sutra Resort should be able to generate RM468,000 net in total revenue in the following year as the initial resort operations coast has been exhausted during the first phase of operations. The total initial investment requirement is estimated at RM1.0 million, of which is for infra construction purposes.
Management Team Major Azharudin (Rtd)’s broad base of experience in managing different types of companies. He has extensive development experience and a track record of hiring the right people and training them. He understands the service sector business, has travelled extensively frequenting numerous lodging establishments, and has gained invaluable experience in organizational management.
Company Background Extensive experience in creating and managing organizations for environmental and economic development-oriented companies involved in nationwide projects. He consults with area businesses in development-related issues, including finance, with a specialty in commercial finance. Major has an extensive business background, including over 14 years of experience developing a variety of businesses. Has expertise in customer retention programs, sales, project planning, benchmark analysis, and forecasting and budgeting.
Funding Milestone the be discuss further
% Equity Allocation negotiable
Expected ROI 36 month
Risks and Mitigation Tioman’s tourism industry has shown significant growth in the past 5 years. However, it has a comparatively less number of international visitors in the global and regional context. The incomes generated from inbound tourism equalled to RM482 million for 2014 (RM121 per person/ per trip). Implementation of policies in tourism industry requires sustainable growth of tourism. Sustainable growth requires active and effective cooperation among all stakeholders.
Exit Strategies to attract local tourist to improve the annual of 400,000 (2015)
Company Name amazon concepts
Business Address Lot 1000 & 1002 sutra resort, kg juara, tioman & Kota damansara
Contact Person bai
Contact Number 01115204434
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