↩ Go Back
Need help?

Contractors Company Investment Opportunity in Malé, Maldives

Construction and contracting company based in the Maldives seeking investment.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 191 thousand
EBITDA Margin 20 - 30 %
Industries Contractors + 1 more
Locations  Malé
Local Time 7:50 PM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 417 thousand for 40.0% stake (Native Currency: USD 417,000)
Reason: We are seeking additional funds to finance both government-based and private-based real estate proje... View More
Includes physical assets worth USD 95 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

Highlights of our business -

Impressive client portfolio: we are proud to have a strong client base of 32 esteemed businesses, including 7 renowned resorts. In just 2 years, we have successfully established ourselves as a trusted partner for a diverse range of clients. Our ability to attract and retain such clients reflects the quality of our services and the satisfaction we provide.

Rapid growth: our company has experienced remarkable growth since its inception. Within a short span of 2 years, we have achieved significant milestones, securing 32 clients. This remarkable growth rate highlights the demand for our services and our team's ability to meet and exceed client expectations.

Promoters with extensive experience: our company is backed by a team of promoters who collectively possess 10 years of valuable experience in related fields. Their expertise and deep understanding of the industry enable us to navigate challenges effectively, make informed decisions, and deliver exceptional results to our clients.

Strategic business relationships: we have strategically partnered with several prominent service providers in the Maldives, further strengthening our position in the market. These alliances not only enhance our service offerings but also enable us to provide comprehensive solutions to our clients. Our strong business relationships demonstrate our commitment to delivering excellence through collaboration.

Recognition and trust: While our company has not yet won any awards, our focus has always been on building lasting relationships with our clients based on trust and exceptional service delivery. We prioritize client satisfaction above all else, and our growing client base is a testament to the trust and confidence our partners place in us.

Products & Services Overview

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.

Assets Overview

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.

Facilities Overview

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.

Capitalization Overview

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.

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

530 Investors viewed this Business.
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