↩ Go Back
Need help?

Construction Material Processing Business Seeking Loan in Winnipeg, Canada

Professional handymen seeking capital to expand to construction services and manufacture stackable hemp blocks.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 245 thousand
Run Rate Sales USD 245 thousand
EBITDA Margin 20 %
Industries Construction Material Processing + 1 more
Locations  Winnipeg
Local Time 10:48 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 11 million for 10.0% annual interest, 8 years (Native Currency: CAD 15,000,000)
Reason: Seeking funding to build a construction material manufacturing plant and obtain all the necessary li... View More
Collateral Available: USD 0
Includes physical assets worth USD 74 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Professional handyman business that is seeking capital to expand its operations.
- The business has a track record of providing exceptional service for a range of real estate needs, including small renovations to large commercial constructions.
- Has successfully completed projects in various sectors, including residential and commercial buildings, educational and healthcare facilities, and industrial constructions.
- The business is now planning to venture into the manufacturing of stackable hemp blocks.
- These are known for their various benefits, including fire resistance, durability (150 years lasting), and environmental friendliness.
- The stackable hemp blocks are designed to drive down energy costs by 60-70%, offering a sustainable and cost-effective solution for construction projects.
- The business aims to supply its products to B2B customers, including construction companies, and also has plans for export.
- The new business can be operated under the same entity as it is registered as a construction company.
- There are 4 permanent employees and additional contract/temporary employees are hired on a contract basis.
Products & Services Overview
Manufacturing of stackable hemp blocks.
Used in building construction for walls, insulation, and even flooring to create energy-efficient, breathable, and environmentally friendly homes.
Will be supplied to construction companies.
Assets Overview
Physical assets include vehicles, tools, computers and electrical equipment.
Facilities Overview
Currently operating from residential premises. No dedicated office facility.
Capitalization Overview
Business is self-funded.
There are 2 owners/shareholders.
Having outstanding bank loans.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor contacted this Business this week. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more