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Residential Real Estate Construction Business Seeking Loan in Erode, India

Erode based construction company executing residential turnkey projects seeks funds to purchase construction machinery.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 160 thousand
EBITDA Margin 10 - 20 %
Industries Residential Real Estate Construction
Locations  Erode
Local Time 2:52 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 13 thousand for 10.0% annual interest, 2 years (Native Currency: INR 1,000,000)
Reason: Currently, we are renting construction equipment. We require funds to purchase essential constructio... View More
Collateral Available: USD 0
Includes physical assets worth USD 1.3 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Form GSTR-1
Business Overview

- Company executes residential turnkey projects in Erode.

- We provide end-to-end services including planning, design, executing, marketing, and sales.

- Have completed 3 projects to date and have 3 ongoing projects.

- We currently focus only on residential projects with the built-up area ranging from 900 sq ft to 2,400 sq ft.

- On average, the duration of each project ranges between 3 to 5 months and each project generates revenue of approx INR 40 lakh.

- Have 6 well-experienced engineers on a permanent basis and we have 100+ contract staff who are hired as needed.

- We focus on elegance, quality, and on-time handover.

- Have a growth rate of one new client every 2 months.

- Promoter has over 25+ years of industry experience and has previously executed government and commercial construction projects.

Products & Services Overview

Execute residential turnkey projects.

Assets Overview

Office furniture and interiors.

Facilities Overview

Rented 900 sq ft office facility.

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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