investment
4.5B IDR (~300,000 USD)
Company
PMA
Equity
49%
minimum investment
450M IDR (~30,000 USD)
book building
01 oct – 30 Nov
payment schedule
01 Oct – 15 Dec
open
15 jan
lockup
1 year
exit
8 years
ANALOG Uluwatu is a strong cash-flow business that is quick to market / break even and uses a proven business model here in Bali.
The min annual return is 29% is Year 1 (2024) as we find our feet and establish the brand. From our first full year of operation in Year 2 (2025) we’re forecasting annual returns +50%. F&B is dominant early but has limited capacity to scale so forecasted to cap by year 3 (2026). The 5% EBITA growth thereafter from Year 3 (2026) onwards is driven largely by Retail and Label revenues as the brand gets more established. Both are much easier to scale.
The forecast is for ANALOG Uluwatu only, and does not include horizontal (more venues) or vertical (splitting Label) expansion. These are subject to conditions being first met at the flagship ANALOG Uluwatu which are hard to predict hence we have omitted them for now. We hope to meet these conditions in Year 2 or 3.
The investment is passive, however we only want investors who have a vested interest in F&B, Retail and Surf. We’re passionate about what we do and not everything is reflected in the numbers. Without a vested interest, its impossible for us to engage investors in detailed, strategic decisions down the track as the business grows.
All F&B financial forecasts are based on actual market research of 6 comparable venues in Aug-Sep 2023.
Upon signing MOU investors will have full access to business plan and financials, prior to purchasing of shares.
Investors receive Monthly accounting reports, detailed Quarterly investment reports and an Annual General Meeting every January.
Changes in the corporate structure or business plan to be discussed and put to vote, as per Indonesian Corporate Law and detailed in our Company Articles.
All ROI calculations are based on onshore payment of dividends and excluding any personal income taxes that may apply in your home country.
The intended sale is year 8, however investors can sell their shares after the 12 month lockup period, on the provision first option goes to existing shareholders on a Cost+ basis.
