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Building Contractor Seeking Loan in Uitvlugt, Guyana

Private contractors specializing in building and renovation, seeking funds to start concrete blocks manufacturing business.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 33.5 thousand
Run Rate Sales USD 57 thousand
EBITDA Margin 35 %
Industries Building Contractors
Locations  Uitvlugt
Local Time 11:42 AM America / Guyana
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 14.4 thousand for 10.0% annual interest, 1 year (Native Currency: GYD 3,000,000)
Reason: Seeking funds to start a manufacturing and supply business for concrete blocks. The sought transact... View More
Collateral Available: USD 24 thousand
Includes physical assets worth USD 16.7 thousand
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Business Overview
- The business, located in Uitvlugt, is private contractors specializing in building and renovation services for boutique commercial companies and private homeowners.
- The company has successfully completed 3 out of 5 projects this year, with 2 projects still pending. The majority of projects are commercial in nature, with an average project value of GYD 3 to 5 million and an average duration of 12 weeks.
- Given the anticipated growth in demand for building materials in Guyana, the company plans to expand its operations to include the manufacturing and supply of concrete blocks, targeting both construction companies and private builders.
- This strategic move is aimed at capitalizing on the country's development and the potential increase in construction projects over the next decade.
- The expansion into concrete block manufacturing is expected to result in cost savings and increased profitability for the business, as the current practice involves purchasing concrete from other cities for their projects.
- The procurement of raw materials, including cement and sand, will be sourced from manufacturers and suppliers, while the necessary machinery for the manufacturing process will be imported from China.
- The business needs 10 permanent employees to run the business operations as it is constantly expanding.
Products & Services Overview
Private contractors - building and renovation services for boutique commercial companies and private homeowners.
Most of the projects this year are commercial.
Expanding to manufacture and supply of concrete blocks.
Target clients are construction companies and private builders.
Assets Overview
Physical assets include:
- Cement mixer.
- Tools.
- Vehicle.
Facilities Overview
Planning to use 4,500 square ft of own property for the manufacturing business.
Capitalization Overview
Currently this business is funded and maintained by its current and up-to-date contracts and private list of clients that we provide service to.
No outstanding loans or liabilities.
Sole proprietorship business.
Recent Activity
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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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