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Pine Tree

Pine Tree Manama, Bahrain

Equity
Amount Raised
$400.000
Goal
$323,000.000
1% Investments
26 Days Left
6% Complete (success)

This Campaign is open for both accredited & no-accredited Investors.

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Pine Tree

Pine Tree Manama, Bahrain

Raise Details

Fixed Investing This Campaign started on February 13, 2024 and will close on May 12, 2024, 9:00 pm.
(UTC/GMT 12 May,2024 21:00 pm)
  • Campaign Deal Type
    Equity
  • Investing Goal
    $323,000.000
  • Current Reservations
    $400.000
  • Minimum Reservation
    $100.000
  • Start Date
    02-14-2024
  • Closing Date
    05-13-2024

Elevator Pitch

A hospitality and concierge company, providing high quality end to end guest services, in-house limousine and valet park services.

Cap Table

Sr. NO Investor Name Pre-investment (%) Post-investment (%)
1 Hussain Marhoon 100.000 81.000
2 Incoming investor(s) 0.000 19.000

Company Overview

Pine Tree is a hospitality and concierge company, providing high quality end to end guest services, in-house limousine and valet park services                                                                                                                                                                                                                                                                       

Business Description

Pine Tree is a premium parking management company that focuses on providing high-end concierge services for high-end and VIP clients. Pine Tree specializes in providing high-quality hospitality through a team of qualified professionals. Pine Tree currently serves its clients through a total of 28 cars in Bahrain and is fundraising to expand its fleet to Saudi Arabia. 

Services

Limousine & Chauffeur Drivers, Tour Services, Car Rental, Booking Assistance, Valet Parking Service, Golf Carts. 

Revenue streams

1.Limousine Rental Service

2.Valet Parking Service

3.Tour Services

Use of Funds

  • Purchase of Vehicles (50%): •Purchase of new tenders
  • New Business Ventures and Development (25%): Marketing across GCC to capture share in all markets & expand digital marketing service
  • Technology Development (15%): •Development of a booking software
  • Team Expansion( 10%) Hire a team in KSA/AE for market expansion (4-5 )

Growth Plan

  • Increasing car fleet to cover its current demand in Bahrain
  • Adding golf cart to provide transportation with valet park service
  • Creating a platform to ease the process of booking for customers
  • Expanding the team and reduce outsourcing costs

Connect with Company

Leadership

Hussain Marhoon

The leader

Founder & CEO

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Investor Details

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