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Profitable Residential Real Estate Construction Company Seeking Loan in Vienna, Austria

Real estate development company seeks equity investor/lender for a new residential project in Vienna.
This transaction has concluded.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 530 thousand
Run Rate Sales USD 640 thousand
EBITDA Margin 15 %
Industries Residential Real Estate Construction
Locations  Vienna
Local Time 9:11 AM Europe / Vienna
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 270 thousand for 10.0% annual interest, 2 years (Native Currency: EUR 250,000)
Reason: We require this fund as a complement to bank financing to start and finish this residential project.... View More
Collateral Available: USD 0
Includes physical assets worth USD 16 million
Interested to connect with advisors
Documents
Business Overview

For more than 20 years the company has been active in real estate development of residential real estate as well as commercial real estate mostly in Austria.

Currently we are looking for an investor/lender for a residential project already approved for construction in Vienna.

Design is ready and the project will have 18 apartments.

We have completed many residential projects in the past.

We have currently bank funds and we need additional funds to start construction.

Products & Services Overview

Construction and sales of real estate projects for residential, healthcare and office purposes.

Assets Overview

Property with a building permit.

Experienced team in real estate development.

Facilities Overview

Land area is approx. 3,000 m2.

Living area is approx. 2,700 m2.

Loggias, balconier, terraces of approx. 900m2.

Underground parking.

Land is owned.

Capitalization Overview

Two shareholders with each 50% shares.

The company is currently funded with a bank loan, mezzanine capital and shareholder equity.

Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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