Real Estate Construction Company Investment Opportunity in Malé, Maldives
Established | 10-20 year(s) |
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 |
Locations | Malé |
Local Time | 6:09 PM Indian / Maldives |
Listed By | Business Owner / Director |
Status | Active |
- 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.
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Earlier than 15 daysManaging Director, Metals And Minerals Trading, Chennai, Corporate Investor / Buyer connected with the Business