Real Estate Construction Company Investment Opportunity in Malé, Maldives
|Employees||50 - 100|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 330 thousand|
|Run Rate Sales||USD 270 thousand|
|EBITDA Margin||40 %|
|Industries||Real Estate Construction|
|Local Time||6:09 PM Indian / Maldives|
|Listed By||Business Owner / Director|
- Construction company that also offers cleaning services and security services.
- 90% of the revenue is from construction services and the remaining 10% from other services.
- Currently, there are 3 ongoing projects.
- The company mainly takes government projects.
- The promoter has 22+ years of experience in the construction field.
- We want to buy an island to develop a resort. We have a chance to bid for an island at the end of February 2022. Acquisition costs are very low.
- The project will include a bar spa, accommodations, reefs, beaches, water sports, restaurants, fishing, and sports.
- The funds will be used for project financing and the stakes will be offered in that project.
- The company has a loan with around MVR 600K as outstanding. No defaults.
- The sales have decreased due to Covid.
The main service is construction. Also offers cleaning services and security services.
Machines required for construction, boats.
Intangible - Website, Fb, Instagram.
550 - 600 Sq Ft office space rented for MVR 18,000.
Earlier than 15 daysManaging Director, Metals And Minerals Trading, Chennai, Corporate Investor / Buyer connected with the Business