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Building Maintenance Business Seeking Loan in Malé, Maldives

Company provides construction finishing and maintenance work and has completed 30 projects.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 300 thousand
EBITDA Margin 15 %
Industries Building Maintenance
Locations  Malé
Local Time 3:29 AM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 65 thousand for 10.0% annual interest, 5 years (Native Currency: MVR 1,000,000)
Reason: Looking to diversify into epoxy decorations and open new branches of the business.
Collateral Available: USD 6.5 thousand
Includes physical assets worth USD 5 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- We are into construction related finishing work and maintenance work.

- Some of our services include building exterior and interior cleaning, painting, electrical works, carpentry and disinfecting and many other such services.

- Company has finished more than 30 projects so far for both corporate and individual customers.

- The average duration of these projects is around 1 month.

- Our services are offered individually or as a package deal which includes huge discounts.

- We are planning to diversify our business by moving into the epoxy decorations space as well.

Products & Services Overview

We are engaged in service and maintenance industry with multiple services being offered. The current products list which the business offers are full building maintenance service, painting and finishing works, electrical works, carpentry and disinfecting services. As part of these services we provide building exterior cleaning, monitoring water leaks, building interior cleaning, disposal of heavy garbage, exterior painting, electrical wiring service, plumbing, texture and wall putty, crack fillings, water proofing, design paintings, carpentry works, interior and exterior painting, cladding finishing, and disinfecting buildings.

We are planning on adding an additional service into our portfolio which would be epoxy decorations.

Assets Overview

Main assets are paint spray guns and other tools.

Facilities Overview

Rented 3 room apartment with a reception area.

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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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