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Construction Material Processing Business Seeking Loan in Nuku'alofa, Tonga

Manufacturers of concrete blocks and processing stone in Tonga, supplying local hardware retailers, seeks funding.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 750 thousand
Run Rate Sales USD 750 thousand
EBITDA Margin 18 %
Industries Construction Material Processing
Locations  Nuku'alofa
Local Time 12:41 AM Pacific / Tongatapu
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 208 thousand for 10.0% annual interest, 5 years (Native Currency: TOP 500,000)
Reason: Seeking funding to establish in-house rock extraction operations for the direct procurement of raw m... View More
Collateral Available: USD 0
Includes physical assets worth USD 166 thousand
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Business Name
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Business Overview
- Situated in Nuku'alofa, Tonga, our business specializes in the manufacturing and processing of concrete blocks and stones, catering to the local construction sector, including five major hardware retailers.
- Our current daily production capability includes manufacturing 2,500 to 3,000 concrete blocks and processing 40 tonnes of stone, providing a consistent supply to our clients.
- Operating with a compact yet efficient team of 12 skilled employees, we maintain optimal productivity in our concrete block manufacturing operations, hiring additional contract employees as needed based on demand.
- We hold a legitimate manufacturing license, ensuring compliance and quality in our production processes for concrete blocks and stone.
- Revenue from our operations is evenly distributed, with a 50/50 split between concrete block manufacturing and stone processing, demonstrating balanced business scalability.
- By supplying daily to five key hardware retailers and few construction companies, we have carved a significant niche in the local market.
Products & Services Overview
Manufacturing and processing of concrete blocks and stones, primarily serving the local construction industry. We produce high-quality concrete blocks and processed stone specifically for the local market, with our main customers being five major hardware retailers and a few construction companies. Our products are integral to construction projects across the region, supporting everything from residential buildings to commercial developments.
Assets Overview
Physical assets include the manufacturing equipment which is about 60-70% and the rest is raw materials and inventory of finished goods.
Facilities Overview
We operate from a leased facility in Nukuʻalofa, Tonga, secured through a 20-year lease. Annual rental is TOP 150,000.
Capitalization Overview
Self-funded.
Having an outstanding bank loan.
Sole proprietorship 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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