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Residential Real Estate Construction Business Seeking Loan in Izabal, Guatemala

Real estate construction company in Izabal seeking funds for a new residential project.
This transaction has concluded.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 324 thousand
Run Rate Sales USD 324 thousand
EBITDA Margin 40 %
Industries Residential Real Estate Construction
Locations  Izabal
Local Time 6:53 PM America / Guatemala
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 750 thousand for 10.0% annual interest, 5 years (Native Currency: USD 750,000)
Reason: Completing the streets pavement and for residual water treatment plant.
Collateral Available: USD 534 thousand
Includes physical assets worth USD 2 million
Interested to connect with advisors
Documents
Business Overview

- Real estate company based in Izabal, operating since 2013.

- Have already developed two housing projects in the past and generating high sales returns.

- Our job is to construct homes and sell it to home buyers.

- We have now started a new housing development project. Land is already purchased. We will construct 300 houses on 20.58 acres land.

- Land is directly adjacent to the River Rio Dulce. Rio Dulce is one of the top tourist destinations for both domestic and international tourists.

- With 40 minutes of sailing, individuals can get to the Atlantic Ocean and in 1:30 hours to Belize Cayes. Also have the main highway access directly to the land.

- It would take a year to complete the project once we receive the funds.

- Our assets include license, land, construction equipment, tools.

- Promoter has more than 5 years of experience in this business.

Products & Services Overview

House development project (Construction of 300 houses)

Facilities Overview

Own 20.58 acres land near River Rio Dulce.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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