Residential Real Estate Construction Company Seeking Loan in Auckland, New Zealand

Apartment construction company in Auckland having completed 2 projects, seeks funding to execute more projects.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 9 million
EBITDA Margin
10 - 20 %
Locations
Local Time
11:11 PM New Zealand
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 600 thousand for 25.0% annual interest, 1 year (Native Currency: NZD 1,000,000)
Reason: Seeking funds for project completion.
Collateral Available: USD 0
Includes physical assets worth USD 120 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Company constructs apartment buildings in Auckland using a proprietary construction methodology.

- We build 3-5 storeyed apartment buildings that are energy-efficient, quiet, and of high quality at a competitive price.

- Source the construction materials from 10-15 dealers in New Zealand, Australia, and China.

- Have completed 2 projects so far and have 4 ongoing projects.

- Each project is worth around NZD 6 million.

- Have 4 permanent staff and 40 contract workers.

- We are seeking funds for project completion. Necessary licenses and approvals have been obtained and the project will be completed in 1 year.

- Business owned assets include construction equipment.

Products & Services Overview

Construction of 3-5 storey apartment buildings.

Facilities Overview
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more