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Newly Established Construction Material Wholesale Company Seeking Loan in Hong Kong Island, Hong Kong

Hong Kong's construction material supplier requiring fund for stability and growth through managing market fluctuations.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 13 million
Run Rate Sales USD 6.9 million
EBITDA Margin 2 %
Industries Construction Material Wholesale
Locations  Hong Kong Island
Local Time 12:49 AM Asia / Hong Kong
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.02 million for 11.0% annual interest, 2 years (Native Currency: HKD 8,000,000)
Reason: The business is currently seeking a loan required for operations and working capital, as well as imp... View More
Collateral Available: USD 0
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Business Name
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Business Overview
- Company is a construction material wholesale company based on Hong Kong, trading since previous year under the umbrella of a well-established main company which is in business from past 24 years.
- Business specializes in cement raw materials, including cement, clinker, gypsum, limestone, bf slag, pozzolana, stone aggregates, fly ash, coal, fertilizer, and iron ore.
- Our sales have been, hitting around USD 600,000 (HKD 4.7 Million approximately) a month, though we've seen a dip lately down to 1-2 shipments instead of the usual 4 shipments due to shortage in trade financing and market fluctuations.
- Each shipment ranges from USD 600,000 (HKD 4.7 Million approximately) to USD 3 million (HKD 23.5 Million approximately), focusing primarily on the Asian market.
- The team is small but dedicated, with 10 altogether from all our locations, all employees who are all about delivering quality products.
- As business mainly focuses on trading, we just require the number of employees for our day-to-day operations and maintenance across all our locations.
- Company is looking for loan or trade financing to help it navigate through market fluctuations which will be repaid by the operating profits and holding company's profits as well if needed.
Products & Services Overview
Company specializes in trading cement raw materials such as cement, clinker, gypsum, limestone, and fly ash, used by industrial clients across the Asian market.
Assets Overview
- Physical assets:
No assets.
- Intangible assets:
Pvt limited company and Goodwill.
Facilities Overview
The company operates from a rented office in Hong-Kong.
Capitalization Overview
The brand has no investors or outstanding bank loans and has been sustained entirely through the holding company's profits and its own operating profits.
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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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