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Profitable Building Contractor Seeking Loan in Chennai, India

Business with experienced civil engineer team executing Government construction projects across South India.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 350 thousand
EBITDA Margin 35 %
Industries Building Contractors + 1 more
Locations  Chennai
Local Time 1:25 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 410 thousand for 12.0% annual interest, 5 years (Native Currency: INR 35,000,000)
Reason: Need funds for ongoing projects and future projects.
Collateral Available: USD 76 thousand
Includes physical assets worth USD 140 thousand
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Business Name
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Documents
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Profile
Business Overview
- Chennai-based business specializing in Govt construction projects.
- We execute water treatment plant turnkey projects, railway officers quarters & building construction, bridge construction, structural fabrication projects, pipe laying, and road construction projects.
- Completed 15 govt projects to date.
- Have 3 ongoing projects that are worth INR 10 crore.
- Since the last 3 years we have executed projects worth around INR 6.5 crore.
- Have a good relationship with existing clients for further business in the future.
- Have a team of young and experienced civil engineers in the firm.
- Promoter is a civil engineer having more than 17 years of experience in the government project sector.
Products & Services Overview
We design and construct water treatment plant turnkey projects, railway platforms, foot-over bridges, highway bridges, railway bridges, pile foundations, railway officers' quarters & buildings, structural fabrication, pipe laying, and road construction.
Assets Overview
Construction equipment (JCB, AJAX), scaffolding, centering, and shuttering materials having sufficient for small-scale projects (around 2,000 Sqft). The business owns JCB, AJAX, machinery, equipment, furniture, battery vehicles, and load vehicle.
Facilities Overview
Rented office of 500 sq ft and onsite warehouses available in every project location.
Capitalization Overview
We have avail cash credit facility of rupees INR 25 lakh & INR 21.70 Lakhs from the Bank of Maharashtra and State Bank of India, other than Cash Credit we have taken private finances who invested in our projects on 1 and 1 bases. Currently, we have INR 1.50 crore as the outstanding amount. This is a solo proprietorship having a 100% stake in the company.
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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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