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Newly Established Residential Real Estate Construction Company Investment Opportunity in Labasa, Fiji

Design & construction of a patented system of low-cost residential homes.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 80 thousand
EBITDA Margin Nil
Industries Residential Real Estate Construction
Locations  Labasa
Local Time 7:01 AM Pacific / Fiji
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 112 thousand for 25.0% stake (Native Currency: FJD 250,000)
Reason: - Increase capacity to build 10 residential homes per year as per order. - We have a project in han... View More
Includes physical assets worth USD 9 thousand
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Business Overview
- Contract to build 52 residential retirement homes in Sigatoka using a patented system.
- The project will bring in revenue of FJD 6.24 million over 5 years.
- Scheduled to start building in January.
- The client who has given the project owns the entire land and they will pay us FJD 120,000 for each house.
- 10 homes will be constructed each year and we will finish 52 homes in five years.
- The cost of construction for each home is FJD 95,000.
- Total margin per home is about 20%
- The project is in the design phase right now, and we will submit the proposal to the local council.
- The land is ready and we have all the equipment as well.
- The client has already paid us FJD 15,000 as an advance for 3 homes.
- The investor will get a 25% stake only in this project.
Products & Services Overview
- Design of patented low-cost residential homes.
- Construction of low cost residential homes.
- B2B Business where we construct for clients who then resell the homes.
Assets Overview
Tangible assets for the project include owned equipment and vehicles worth FJD 20,000.
Intangible assets include:
- Intellectual property for patented building system.
- Contract to build 52 retirement homes valued at FJD 6.24 million.
Facilities Overview
Rented a 200 sq. ft. office in Labasa Town in the Northern part of Fiji.
All the homes that will be constructed are in the subdivision of Sigatoka (the western part of Fiji)
Capitalization Overview
- Fiji Development Bank loan balance of FJD 43,816.
- The main owner holds 54.5% of the company while the two other shareholders own 36.4% and 9.1% respectively.
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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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