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Building Contractor Seeking Loan in Kingston, Jamaica

Building contractor focused on small offices and affordable housing with 1-2 projects/year, seeking funding.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 7.5 thousand
Run Rate Sales USD 7.5 thousand
EBITDA Margin 40 %
Industries Building Contractors
Locations  Kingston
Local Time 12:53 PM America / Jamaica
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 56 thousand for 10.5% annual interest, 2 years (Native Currency: JMD 9,000,000)
Reason: Seeking funding for completion of the upcoming projects. The loan can be repaid through the existin... View More
Collateral Available: USD 0
Includes physical assets worth USD 12.5 thousand
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Business Name
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Business Overview
- Building contractors specialize in small office spaces and affordable housing, catering to both commercial and residential sectors.
- Engaged in comprehensive building project services including blueprint design and civil engineering.
- Based in Kingston, the company serves a strategic market area with potential for growth in the real estate and construction industries.
- The business typically undertakes 1-2 projects per year, allowing for focused attention and quality execution on each project.
- Average project duration exceeds one year, indicating a commitment to comprehensive planning and construction timelines.
- Currently engaged in a significant project involving the development of commercial retail units and residential units across a 2-acre land parcel.
- The firm has established relationships with two clients, primarily consisting of real estate and construction companies.
- The promoter possesses a Master’s degree in Architecture.
- In addition to construction services, the business supplies concrete blocks on a smaller scale.
- The business needs 2 permanent employees to run the business operations, who are also contractors.
Products & Services Overview
Blueprint design and civil engineering services such as planning, designing, and managing construction projects.
Cater to both commercial and residential sectors.
Clients are real estate and construction companies.
Assets Overview
Physical assets include machines, tanks and tools.
Facilities Overview
The business doesn't require a specific facility, a small office space is utilized at each construction site.
The current site is about 2 acres, located on Park’s Road, Kingston.
Blocks are the top selling product. It’s used by construction contractors for building.
Capitalization Overview
Self-funded.
No loans or external funding.
There is 1 owner, holding 100% shares in the business.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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