Building Contractor Investment Opportunity in Male, Maldives

Main lines of work include building construction, sewerage, resort renovation and maintenance, building maintenance, electrical wiring and installations, painting and interior decorations, welding and related works, oil tank refurbishment, and general merchandising. Physical assets include construction machinery, 3 motor vehicles, rappelling equipment, and safety maintaining tools, construction machinery, hardware tools, and heavy machinery. Operating restaurant. Experience, local advantage, tourism expertise, and understanding of the geography. As a construction company, most of the staff are based on work sites. All administrative work is done at a rented office located in Hulhumale, the capital of Maldives. The business also has a rented cafe of 1,800 sq. ft. and a staff accommodation unit of 800 sq. ft. Currently, our business is funded through the following means:
1. Shareholders: our company has two shareholders who have invested their capital into the business. One shareholder holds a 60% ownership stake, while the other shareholder holds a 40% ownership stake. This distribution of ownership ensures a balanced decision-making process and a shared commitment to the success of the business.
2. Income from projects: The primary source of income for our company is derived from our projects. We secure contracts and receive advance payments from clients to fund the execution of these projects. These funds are then allocated strategically to manage the project expenses and cover overhead costs, ensuring smooth operations and timely project completion.
3. Small debts: We have some outstanding debts with local shops, amounting to approximately USD 5,000. These debts are relatively small and are being actively managed to ensure timely payments. Our commitment to financial responsibility includes maintaining good relationships with our suppliers and settling these debts promptly.
4. Additional revenue streams: in addition to project-based income, our company operates a small restaurant and a local supply page. These ventures serve as supplementary revenue streams for our business. The restaurant offers dining services to the local community, while the supply page sources products from abroad and delivers them with a profit margin. These endeavors contribute to our overall financial stability and diversify our income sources.
By utilizing a combination of shareholder investments, project-based income, and additional revenue streams, our business is effectively funded without relying on loans or significant debts. This approach allows us to maintain control over our financial position and ensures the sustainable growth of our company.