Estimated ROI: 15-25%
158.5% of minimum target goal raised
6.33% of final target goal raised
Fundraising started NOW!
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Le Grand Bleu has been in operation for more than 20 years. The resort has been owned by a married couple since its inception. Both owners wish to retire and move back to France. They hope to sell the resort to good owners that will take care of the resort and the natural habitat surrounding it.
The resort currently has a 4.5 star rating on TripAdvisor and was recently voted top “travelers choice”.
Please review Le Grand Bleu’s website and all amenities, activities, restaurant, accommodations, and brochure here: https://www.legrandbleunosybe.com/
View over 1,500 photo’s of Le Grand Bleu on Trip Advisor. (click to view)
Soakmont Group LLC signed a purchase agreement with Jacque and Celine Duguy (owners) of Le Grand Bleu on March 1, 2023. To acquire all the assets and operational business; for €1.35 million.
With planned renovations and upgrades, the crowdfund target is $2.4m. Planning and building permits are currently acquired.
Italian construction company Romana Service has performed the site evaluation, with WildWorld, quoting the renovations at approx. €400,000. This includes a total refreshment of all buildings onsite plus the construction of a new ultra-premium 8 lodging building that can be viewed in-depth below.
Deal Type: REGCF
Issue Type: Equity
Accredited Only: No
Price per Share: $50
Minimum Investment: $500
Minimum Goal: $100,000
Target Goal: $2,400,000
Raise Start Date: March 10th, 2023
Raise End Date: March 9th, 2024
Raise Target Date: September 15th, 2023
Link to EDGAR (SEC): EDGAR Company Search