Paint Factory Seeking Loan in Oranjestad, Aruba
Paint manufacturer and general contractor seeking loan investor for renovation & modernization of current facilities.
Premium Plan
| Established | 40-50 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 1.33 million |
| Run Rate Sales | USD 1.33 million |
| EBITDA Margin | 10 % |
| Industries | Paint Factories + 1 more |
| Locations | Oranjestad |
| Local Time | 3:15 AM America / Aruba |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
560 thousand
for
10.0%
annual interest,
8
years
(Native Currency: AWG 1,000,000)
Reason: Modernizing factory and increasing revenue and to be completely independent from local banking secto...
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Collateral Available: USD 1.1 million
Includes physical assets worth
USD
560 thousand
Interested to connect with advisors
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Business Name
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Documents
Renovation and modernization plan
(820.5 KB)
Business Overview
- We have a strong presence with long-time clients in both the hotel industry and the commercial sectors.
- The manufacturing capacity of the company is a minimal 2,500 gallons a month.
- Generate 80% of revenue from general contracting division and 40% from the sale of paints and construction related materials.
- Our contracting division is steadily growing but our factory sales are stagnant.
- We hire contract-based employees as per the project size.
- Our sales have dropped due to an increase in competition.
- The manufacturing capacity of the company is a minimal 2,500 gallons a month.
- Generate 80% of revenue from general contracting division and 40% from the sale of paints and construction related materials.
- Our contracting division is steadily growing but our factory sales are stagnant.
- We hire contract-based employees as per the project size.
- Our sales have dropped due to an increase in competition.
Products & Services Overview
Manufacturing and sale of decorative, maintenance, and industrial coatings. In addition, we own and operate a general contracting division engaged in new contruction building, renovation, restoration, and remodeling.
Assets Overview
Tangible- 2,000 sqm building, inventory worth AWG 500k, machinery, and equipment.Intangible- goodwill.
Facilities Overview
Own manufacturing unit is located in the center of the city on a more than 2,000 sqm facility which is well maintained on private property and is 3 minutes away from the international airport.
Capitalization Overview
- 3 shareholders (2 brothers and one elderly mother) each have ownership of 33.3% of shares.- Funded by a local bank. Current bank credit limits for operational purposes max AWG 300K.
- Long-term mortgage of AWG 190K which will be cleared before the transaction.
Recent Activity
-
Earlier than 15 daysFounding Partner, New York City, Investment Bank connected with the Business
Tags:
Building Contractor Seeking Loan in Oranjestad, Aruba
·Contracting Company Seeking Loan in Oranjestad, Aruba
·Paint Manufacturer Seeking Loan in Oranjestad, Aruba
·Lend to Building Contractor in Oranjestad, Aruba
·Lend to Contracting Company in Oranjestad, Aruba
·Paint Factory Seeking Loan in Oranjestad, Aruba
·Lend to Paint Manufacturer in Oranjestad, Aruba
·Lend to Paint Factory in Oranjestad, Aruba
·Building Contractor Seeking Loan
·Contracting Company Seeking Loan
·Paint Manufacturer Seeking Loan
·Lend to Building Contractor
·Lend to Contracting Company
·Paint Factory Seeking Loan
·Lend to Paint Manufacturer
·Lend to Paint Factory
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