Manpower Security Business Seeking Loan in Dhaka, Bangladesh
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 400 - 500 thousand |
Run Rate Sales | USD 500 thousand |
EBITDA Margin | 10 - 20 % |
Industries | Manpower Security + 1 more |
Locations | Dhaka |
Local Time | 10:34 AM Asia / Dhaka |
Listed By | Management Member |
Status | Active |
- Startup group started 3 years ago with multiple companies under its umbrella.
1. Personal security services with 126 security guards and 15 clients:
- Maximum revenue comes from this company at BDT 15 lakh.
- Revenue model e. g. client pays us BDT 15,000 and we pay the guard BDT 3,000 and we make money from the difference.
- Good connections with LG Butterfly with 3,375+ outlets across Bangladesh.
- Valid license from Labour Ministry for recruiting security guards.
- Clients include Sunderban Courier Service, Ethical Paper Mill, and LG Butterfly. In talks with Igloo Ice Cream as well.
2. Interior design company:
- Successfully completed 19 interior projects. Still, 3 are in process.
- 10-15% gross margin across all projects.
- We charge about BDT 170 per sq. ft.
- This company brought in BDT 13-15 lakh in sales last month.
3. Educational consulting house that has affiliations with 15 universities in 3 destinations:
- In some cases, students pay us and in some cases, the colleges pay us (
- Colleges pay us anywhere between 5-20% of the total college fees.
- Also train students for IELTS, have 15-20 students.
- BDT 8-10 lakh comes from this company.
4. Travel agency:
• Only flight tickets and local tour packages in Bangladesh.
• No IATA licensing, will take 1 year.
• USP is group tours of many female solo travelers.
• BDT 2-3 lakh comes from this.
5. HR consultancy services.
• 5 corporate clients including Bengal Well Being and Epson India Pvt Ltd.
• We are hiring for Epson India's Bangladesh operations.
• 5-10 BDT lakh revenue from this.
The management member handling the group has:
- 23 years of experience in HR consultancy services.
- Very good connections and network as CHRO of a reputed MNC in Bangladesh.
Interior design & development, student consultancy services, training centre, HR consultancy, event management firm, fitness centre, advertising agency, import-export, and the online newspaper.
Tangible assets:
- Computers, high-configuration PCs, and laptops.
- Furniture like tables, chairs, and cabinets.
- AC and other electronic gadgets.
- Furnished office.
Intangible assets:
- Website.
- Goodwill of the businesses.
We have a rented head office of 3,600 sq. ft in Dhaka. The office is located in the Central Dhaka, in an area called Dhanmondi.
- We have invested around BDT 2.5 crore from our own funds for the establishment so far.
- No loan from any bank or any other financial institutions and companies.
- Sole proprietorship.
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Earlier than 15 daysCEO, Securities & Finance Advisory, Dhaka, Individual Investor / Buyer connected with the Business