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Profitable Residential Real Estate Construction Company Seeking Loan in Auckland, New Zealand

Development and construction company in Auckland having completed 2 projects, seeks funding for more projects.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 8 million
Run Rate Sales USD 8.5 million
EBITDA Margin 30 - 40 %
Industries Residential Real Estate Construction
Locations  Auckland
Local Time 4:05 PM Pacific / Auckland
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.4 million for 15.0% annual interest, 2 years (Native Currency: NZD 4,000,000)
Reason: Seeking funds for a new project. Each investment enables a new project to be included in our pipelin... View More
Collateral Available: USD 0
Includes physical assets worth USD 8 million
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Business Overview

- Company constructs terrace houses in Auckland using a proprietary construction methodology.

- We build 2-3 level terrace houses that are energy-efficient, quiet, and of high quality at a competitive price.

- Source the construction materials from 10-15 dealers in New Zealand.

- Have completed 2 projects so far and have 20 ongoing projects.

- Each project is worth from NZD 6 million to NZD 15 million.

- Have 25 permanent staff and 120 contract workers.

- We are seeking funds for additional projects. Necessary licenses and approvals have been obtained and the project will be completed within 18 months.

Products & Services Overview

Development management and construction of 2-3 level terrace houses. Complete project management. Joint venture or project management only.

Assets Overview

Business owned assets include construction equipment and own 7 properties through joint venture companies owned by the promoter.

Facilities Overview

Leased 17-acre property on a 5-year agreement, with fully furnished office and storage space. We have 2 offices in Auckland, New Zealand with 25 staff.

Capitalization Overview
Not Disclosed
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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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