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Residential Real Estate Construction Business Seeking Loan in Mavelikara, India

Residential construction firm in Kerala operating for the last 7 years.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 360 thousand
Run Rate Sales USD 540 thousand
EBITDA Margin Operating at loss
Industries Residential Real Estate Construction
Locations  Mavelikara
Local Time 12:11 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 68 thousand for 12.0% annual interest, 5 years (Native Currency: INR 6,000,000)
Reason: - The owners are seeking a loan to bolster the working capital of the business. - The business is p... View More
Collateral Available: USD 50 thousand
Includes physical assets worth USD 79 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Our company has proudly served over 30 homeowners, providing them with top-notch residential construction services.
- We generate income through a diverse revenue model that includes residential construction, architectural and interior design services, and comprehensive project management.
- Our promoter brings a wealth of experience to the table, with 7 years dedicated to residential construction and an additional 8 years in the oil and gas industry.
- We have established strong business relationships with local suppliers, architects, and real estate developers, ensuring a robust network for our operations.
- The majority of the revenue is generated from the residential construction projects that we take up.
- Currently, we are seeking funds to support our working capital needs to continue delivering exceptional service and expand our reach.
- Business has a valid registration license and a GST.
Products & Services Overview
- We offer a comprehensive range of services including residential construction, architectural design, interior design, and project management.
- Our clientele encompasses homeowners seeking to build their dream homes, architects in need of reliable construction partners, and developers looking for a full-service design and building solution.
Assets Overview
Tangible assets include:
- Construction equipment: INR 30 lakh.
- Office set-up.
- Equipment used for interior design and architecture.
- The total value of these physical assets is INR 70 lakh, but since these are needed by us for our operations, we cannot sell them or use them as collateral to seek a loan.
Facilities Overview
- The business operates two rented offices.
- Headquarters is located in a 2000 sq. ft. building in Mavelikara.
- There is also 650 sq. ft. rented building in Cochin as a secondary office.
Capitalization Overview
- The business currently has 2 shareholders with equal shares.
- Business is bootstrapped and funded by personal funds.
- Our bankers are ICICI Bank and Federal Bank, and we have an OD of INR 21.65 lakh with ICICI Bank.
- The business is currently operating at loss due to liablities of an ongoing project.
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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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