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Residential Real Estate Construction Company Seeking Loan in Chennai, India

Residential real estate construction company which has served over 300 clients seeks a loan.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 700 thousand
Run Rate Sales USD 900 thousand
EBITDA Margin 20 %
Industries Residential Real Estate Construction
Locations  Chennai
Local Time 3:30 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 240 thousand for 10.0% annual interest, 5 years (Native Currency: INR 20,000,000)
Reason: We are seeing a loan to expand our business and acquire more customers in nearby towns and cities.
Collateral Available: USD 600 thousand
Includes physical assets worth USD 240 thousand
Interested to connect with advisors
Documents
Business Overview

- We are a residential real estate construction company, established in 2007.

- We deal in the construction of plots and apartments.

- The managing director has over 13 years of experience in real estate and has won many real estate awards.

- We have more than 300 clients and have completed around 30 projects since our inception.

- Our revenue model consists of 10-20% advance payment and the rest after the completion of the project.

Products & Services Overview

We deal in residential real estate construction on plots and apartments.

Assets Overview

Physical assets include a property worth 3,000 sq ft which is owned by the business, office set up, interiors and furniture.

Facilities Overview

We have a rental office with an area of 1,500 sq feet.

Capitalization Overview
Not Disclosed
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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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