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Profitable Manpower Supply Business Seeking Loan in South East Sulawesi, Indonesia

Manpower supply company with 7+ industrial clients in Morowali seeks funds for working capital.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 245 thousand
Run Rate Sales USD 370 thousand
EBITDA Margin 40 %
Industries Manpower Supply
Locations  South East Sulawesi
Local Time 12:43 PM Asia / Pontianak
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 306 thousand for 20.0% annual interest, 5 years (Native Currency: IDR 5,000,000,000)
Reason: Need funds for working capital.
Collateral Available: USD 610
Includes physical assets worth USD 306 thousand
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Company Profile
Employees
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Invoice
Business Overview
- Manpower supply for construction business in Morowali Industrial Park.
- Catering to seven different divisions of clients in the construction industry.
- Expert categories range from fitter welders to non-skilled/ordinary workers.
- Each expert has a specific price, e. g., an argon welder priced at IDR 900,000/day.
- Maximum charge to workers set at IDR 550,000/day, ensuring profitability.
- We employ contract laborers for the business.
- Additional income potential with various experts like carpenters, drivers, translators, etc.
- We have a valid business permit and licenses.
- Funding is under strain due to the extensive workforce (300 to 500 employees).
- Since we have existing clients, the interest payment will not be an issue.
Products & Services Overview
Manpower supply for construction business in Morowali Industrial Park.
Assets Overview
Assets:
Transportation fleet includes small cars, type L300 (5), and two operational trucks. Other assets are furniture, fixtures and office equipment.
Facilities Overview
- Compact office space, measuring a maximum of 7x7m on one floor.
- Annual rental cost of IDR 50 million.
- Landmark is Morowali Industrial Park.
Capitalization Overview
- 2 directors with a 50/50 split.
- The company has some pending car loans, the details will be disclosed at a later stage.
Recent Activity
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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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