Profitable Residential Real Estate Investment Opportunity in Timișoara, Romania

Firm importing and trading construction interior materials is planning to venture into affordable housing.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 500 thousand
EBITDA Margin
24 %
Industries
Locations
Local Time
10:50 AM Romania
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 540 thousand for 49.0% stake (Native Currency: EUR 500,000)
Reason: To expand the business and get into the real estate sector.
Includes physical assets worth USD 160 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- We are into importing and distribution of various interior materials like wooden flooring planks, Doors and Veneers.

- We also undertake turnkey construction, electrical and sanitary installations.

- Also undertake several projects in the field of fitters and craftsmen.

- We have worked with over 1,000+ clients having a growth rate of 44% YOY.

- We are planning to develop a residential project having 16 flats in the down town of the city.

- This rationale behind getting into the real estate is there are lot of manufacturing plant being set up in the area because of cheap labor available and we strongly anticipate the need for more affordable homes.

- Promoter has a 20 years of experience and being a construction engineer has a very good insight about the industry.

Products & Services Overview

Importing and distribution Doors, flooring, accessories and buildings.

Facilities Overview
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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