Newly Established Fabricated Metal Products Business Seeking Loan in Savusavu, Fiji
Access a unique investment opportunity in Savusavu's growing mobile metal welding business.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 10 - 20 thousand |
| Run Rate Sales | USD 16 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Fabricated Metal Products |
| Locations | Savusavu |
| Local Time | 2:13 AM Pacific / Fiji |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
11 thousand
for
6.0%
annual interest,
2
years
(Native Currency: FJD 25,000)
Reason: We are seeking funds to rent shop space and buy a laser welding machine and a lathe machine to start...
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Collateral Available: USD 8.4 thousand
Includes physical assets worth
USD
2.3 thousand
Interested to connect with advisors
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Business Overview
- Strategic location: Positioned in Savusavu, this mobile welding business capitalizes on the demand for localized welding services, eliminating the inconvenience of traveling to distant towns for similar needs.
- Diverse welding capabilities: Offers a comprehensive range of welding services, including mild steel, MIG, and TIG welding, with mild steel works being the primary demand driver in the construction sector.
- Future expansion plans: Potential to expand services to include yacht repairs, leveraging proximity to Nawi Marina, which is undergoing development and expected to draw yacht customers.
- Market opportunity: With limited local competition, the business is poised to capture market share in Savusavu, catering to both individual and commercial welding requirements.
- Technology-driven growth: Intends to establish Savusavu’s first engineering shop equipped with advanced welding technology, enhancing service efficiency and capability.
- Owner-managed business: Currently operated solely by the business owner, underscoring a personal commitment to service quality and customer satisfaction.
- Seeking financial partnership: Requires investment for business scaling, specifically for opening a cutting-edge welding shop, which presents an attractive opportunity for investors seeking to penetrate the construction and maintenance industry.
- Diverse welding capabilities: Offers a comprehensive range of welding services, including mild steel, MIG, and TIG welding, with mild steel works being the primary demand driver in the construction sector.
- Future expansion plans: Potential to expand services to include yacht repairs, leveraging proximity to Nawi Marina, which is undergoing development and expected to draw yacht customers.
- Market opportunity: With limited local competition, the business is poised to capture market share in Savusavu, catering to both individual and commercial welding requirements.
- Technology-driven growth: Intends to establish Savusavu’s first engineering shop equipped with advanced welding technology, enhancing service efficiency and capability.
- Owner-managed business: Currently operated solely by the business owner, underscoring a personal commitment to service quality and customer satisfaction.
- Seeking financial partnership: Requires investment for business scaling, specifically for opening a cutting-edge welding shop, which presents an attractive opportunity for investors seeking to penetrate the construction and maintenance industry.
Products & Services Overview
Mild steel welding, MIG (metal inert gas) and TIG (tungsten inert gas) welding. The top service offered is mild steel works as it is a top priority in the construction business.
Assets Overview
Assets include a G-Touring 1999 model worth FJD 2,500, three welding plants worth FJD 1,000, drills worth FJD 150, a drop-saw worth FJD 150, grinders worth FJD 200, cords worth FJD 200, weld rods x 5 worth FJD 140/pkt, miscellaneous tools worth FJD 100, and consumables worth FJD 200.
Facilities Overview
Currently operating from home since we are looking for an investor to fund our project, paying a monthly rent of FJD 950.00.
Capitalization Overview
Zero debt outstanding since the business has been in operation for the past 4 months. The works done has paid for salary and was self funded by the business owner from his savings. The business is a sole proprietorship type.
Tags:
Newly Established Fabricated Metal Products Business Seeking Loan in Savusavu, Fiji
·Lend to Newly Established Fabricated Metal Products Business in Savusavu, Fiji
·Newly Established Metal Product Business Seeking Loan in Savusavu, Fiji
·Lend to Newly Established Metal Product Business in Savusavu, Fiji
·Newly Established Fabricated Metal Products Business Seeking Loan
·Lend to Newly Established Fabricated Metal Products Business
·Newly Established Metal Product Business Seeking Loan
·Lend to Newly Established Metal Product Business
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