Christopher Tomley

Dahab (EGY)
Role(s):

Red Sea Relax

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Location: Dahab
Industry: Recreation
Description: We are a British owned Diving Resort based on the beautiful Egyptian Red Sea Riviera. Established in 2003, in its initial years the company has seen steady growth, built a solid customers base and firmly establishing itself as one of the regions premier providers. Tourism continues to increase in Egypt. Expansion is now desirable and the company intends to increase capacity and sales with the purchase of new improved premises in a prime beachside location We expect approval for the necessary loan from a British Financial Institution but will need to secure the finance on UK property to the value of £420K. Although potentially the new owners of substantial assets in Egypt the company lacks UK assets. We would be prepared to offer 2 luxury beachside apartments (current value £120K) in thi