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 311 thousand
EBITDA Margin 20 - 30 %
Industries Contractors + 1 more
Locations  Malé
Local Time 4:59 PM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 417 thousand for 40.0% stake (Native Currency: USD 417,000)
Reason: We are seeking partners who can finance government & private projects on a developer-finance model a... 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

- Construction and development company based out of Male, Maldives.

- The company specializes in building construction, sewerage, harbor construction, building maintenance, electrical wiring and installations, painting and interior decorations, welding, and related works, resort maintenance and renovation works, and tank solutions.

- The company has built a reputation for reliability and an excellent network of clients. Some clients are (Four Seasons Resorts Maldives, Grand Park Hotel, The CrossRoads Maldives, J Hotels, Mercure Hotels, Ooredoo Maldives, etc. )

- Over the years the company has worked with a number of private individual clients as well as large public sector enterprises. Have completed more than 15 projects to date. Currently ongoing 2 projects in two separate resorts.

- Have worked on numerous small & big projects in several resorts and local islands previously.

- The company has 15 full-time employees and other workers are hired depending on the project.

- We are looking to construct a 9-story building in Male City and that will bring enough profit to fund another building on our own. These projects are funded by banks and the land owner will be responsible for the loan. Our part is to pay Equity and in return, we will get 2-3 floor apartments for 15-30 years. Equity is around 80000 - 150000 $.

- Company's physical assets include equipment, motor vehicles, and machinery.

- Investor will receive a percentage stake in the company.

- After construction, these apartments can be leased.

- Duration would be dependent on the investment size.

- We can lease the apartments for 15 years to 30 years.

- The monthly rent from single apartments is expected to be USD 1,297 to 1,621.

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 tanks refurbishments, general merchandising.

Assets Overview

Physical assets include construction machinery, 3 motor vehicles, rappelling equipment, and safety maintaining tools, construction machineries, hardware tools, and heavy machinery. Operating restaurant. Experience, local advantage, tourism expertise, 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 an Rented office located in Hulhumale, the capital of Maldives. Business also has rented Cafe (1800sqft) and Accomodation unit for Staffs (800sqft).

Capitalization Overview

Self-funded and two directors and develop with income and sales of the company. We also have operating Restaurant which gives us good working capital to fund small projects. In most of the big projects we take advance of 30%-50% and that's how we manage. The business does not have outstanding liabilities.

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

3 Investors already contacted 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