Residential Real Estate Construction Business Seeking Loan in Central Luzon, Philippines
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 800 thousand |
Run Rate Sales | USD 530 thousand |
EBITDA Margin | 25 % |
Industries | Residential Real Estate Construction |
Locations | Central Luzon |
Local Time | 7:38 PM Asia / Manila |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Top-selling products and services include mass housing for developers, government contracts, and the construction of homes for private individuals.
- To date, the company has successfully completed 15 projects.
- Primarily dependent on down payments and progress billing for each project, the company encounters challenges with delays in the release of progress billing. These delays impact project completion and, due to its status as a sole proprietorship, occasionally necessitate loans from financial institutions or individuals, contributing to a decrease in run rate sales.
- Ongoing projects valued at PHP 24 million and projected housing construction worth PHP 5 billion highlight the company’s engagement.
- The company currently employs 8 permanent staff members to efficiently manage projects. However, since it operates in the real estate industry, additional laborers are hired as needed for each project. This does not impact run rate revenue, as these temporary workers are not paid significantly more.
- The company possesses all necessary registrations, including business registration, construction permits, trade licenses, and more.
- Equipment valued at PHP 500,000.
- Cars.
- Power tools.
- Computers.
- Office fixtures.
- Self funded.
- No outstanding loans or debts.
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Earlier than 15 daysPresident, Business Finance, Manila, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business