Building Contractor Investment Opportunity in Male, Maldives
Established | 20-30 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 35 thousand |
Run Rate Sales | USD 36 thousand |
EBITDA Margin | 40 % |
Industries | Building Contractors |
Locations | Male |
Local Time | 12:48 AM Indian / Maldives |
Listed By | Business Owner / Director |
Status | Active |
- The business caters to both government and private clients in the Maldives.
- The company has successfully completed projects for several high-profile clients, including Dusit Thani Maldives and J Hotels.
- Dusit Thani Maldives has awarded the company with the best contract of 2012 for their role in developing and constructing of Dusit and J hotels awarded excellence of project management of Kudarah.
- The company's current project portfolio consists of 8 to 10 ongoing projects, with a mix of government and private sector engagements in the tourism and corporate sectors.
- Despite the challenges of promotion in the Maldives, the company has established strong business relationships with leading entities and remains self-financed while also engaging in client-financed projects.
- The company has a successful track record, having completed an average of 3 projects annually with an average project duration of 2-3 years and an average value ranging from USD 200k to 400k.
- There are 30 permanent employees who are needed to run the business operations, which includes admin, management, project management and marketing staff.
Currently all the projects are client financed.
Having a bank loan after covid 19 of MVR 1.5 million, which is being paid annually by 2 core owners with ownership of 50/50.
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Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business