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Handyman Services Company Seeking Loan in Havana, Cuba

Construction & masonry company with 5+ ongoing projects and 9+ clients seeks funds for expansion.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 13.6 thousand
Run Rate Sales USD 720 thousand
EBITDA Margin 30 %
Industries Building Contractors + 1 more
Locations  Havana
Local Time 2:06 PM America / Havana
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 150 thousand for 6.0% annual interest, 4 years (Native Currency: USD 150,000)
Reason: To buy equipment, work vehicles, tools, and machinery and to rent a better place.
Collateral Available: USD 0
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Business Overview
- We build and remodel homes, offices, hotels and any construction and masonry work in general. We distribute high-tech products for construction.
- Specializes in the construction and remodeling of homes and offices, additionally also involved in the distribution of high-tech construction products.
- Offers high-quality handyman services at competitive prices.
- Promoters bring 15 years of experience to the business.
- Fully licensed incorporation.
- Currently handling 8 building owners and 1 enterprises as clients.
- We import construction equipment and also remodel homes and offices, but the latter contributes to most of our revenue.
- Since the payments for the new projects are not upfront, we require funds to complete them.
- Recently experienced significant sales growth due to new projects.
- We also employ contract workers, based on the projects.
- Notable clients include:
1. Hotel Bello Caribe, Havana.
2. Canímar River Camping Base, Matanzas.
3. Hotel Memories Cayo Largo (pool grills).
4. FINCIMEX workers' houses.
5. Homes of private clients.
Products & Services Overview
Construction and related handyman services:
Home renovation.
Remodeling of home.
Flooring.
Waterproofing.
Assets Overview
The business doesn't own much physical assets apart from some equipment and furniture.
Facilities Overview
We share an office and rent a 260 m² warehouse.
Since it is owned by a friend, we do not pay any rent for the facilities.
Located in Central Havana.
Capitalization Overview
Sole owner.
Self funded operations.
No loans or debts.
We currently have a small number of basic staff, both in offices and production, and we hire the extra labor we need.
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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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