Rented Commercial Property Seeking Loan in Quezon City, Philippines
Land-leasing company for retail space that's opened 9 palengkes & has 200+ tenants is seeking a loan.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | S Corporation |
| Reported Sales | USD 530 thousand |
| Run Rate Sales | USD 530 thousand |
| EBITDA Margin | 10 % |
| Industries | Agriculture Wholesale + 1 more |
| Locations | Quezon City |
| Local Time | 7:10 PM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
53 thousand
for
3.0%
annual interest,
7
years
(Native Currency: PHP 3,000,000)
Reason: Seeking a loan to build the newest branch in Pasig. Funds will be used to construct the retail space...
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Collateral Available: USD 0
Includes physical assets worth
USD
264 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Primarily a leasing company focused on providing palengke entrepreneurs space to do retail business.
- Have been operating for the past 10+ years and have opened 9 successful palengke already.
- We are a wet market chain that currently has 5 existing palenques in Quezon and Caloocan City respectively.
- Have 200+ tenants utilizing the retail space currently. There is a small margin on electricity for said tenants.
- Building a new space for agricultural wholesalers and retailers in the city. We have acquired all the permits and licenses.
- Our 6th branch in Pasig City is scheduled to be constructed in 6 months.
- Have received reservations for 85% of all the market stalls in our newest branch in Pasig.
- Our wet market vendors sell groceries, meat rice, and supermarket goods.
- The business has already taken a loan of PHP 5 million in the past.
- Have been operating for the past 10+ years and have opened 9 successful palengke already.
- We are a wet market chain that currently has 5 existing palenques in Quezon and Caloocan City respectively.
- Have 200+ tenants utilizing the retail space currently. There is a small margin on electricity for said tenants.
- Building a new space for agricultural wholesalers and retailers in the city. We have acquired all the permits and licenses.
- Our 6th branch in Pasig City is scheduled to be constructed in 6 months.
- Have received reservations for 85% of all the market stalls in our newest branch in Pasig.
- Our wet market vendors sell groceries, meat rice, and supermarket goods.
- The business has already taken a loan of PHP 5 million in the past.
Products & Services Overview
Provide retail spaces for vendors selling vegetables, meat and grocery sellers.
Assets Overview
Physical assets include the land properties, 4 cars, and the retail set-up.
Facilities Overview
Leased 50 square meter office in one of the offices. We spend an amount of PHP 1.1 million as monthly rent for the 5 markets. The business owns the other 4 markets.The Pasig property is 700 square meter including the parking lot. Ground floor would be for wet items like meats, grains, and supermarkets. There will be a mezzanine area with 269 square meters area which would have food stalls and dry goods (retail shops for clothes, cellphone accessories).
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysChief Geek, IT, Manila, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysSenior Contracts Professional, Construction, Quezon City, Individual Investor / Buyer connected with the Business
Tags:
Agriculture Wholesale Company Seeking Loan in Quezon City, Philippines
·Rented Commercial Property Seeking Loan in Quezon City, Philippines
·Agriculture Export Company Seeking Loan in Quezon City, Philippines
·Lend to Agriculture Wholesale Company in Quezon City, Philippines
·Agri Wholesale Company Seeking Loan in Quezon City, Philippines
·Lend to Rented Commercial Property in Quezon City, Philippines
·Lend to Agriculture Export Company in Quezon City, Philippines
·Agri Export Company Seeking Loan in Quezon City, Philippines
·Preleased Property Seeking Loan in Quezon City, Philippines
·Tenanted Property Seeking Loan in Quezon City, Philippines
·Lend to Agri Wholesale Company in Quezon City, Philippines
·Lend to Agri Export Company in Quezon City, Philippines
·Lend to Preleased Property in Quezon City, Philippines
·Lend to Tenanted Property in Quezon City, Philippines
·Agriculture Wholesale Company Seeking Loan
·Rented Commercial Property Seeking Loan
·Agriculture Export Company Seeking Loan
·Lend to Agriculture Wholesale Company
·Agri Wholesale Company Seeking Loan
·Lend to Rented Commercial Property
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