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Residential Real Estate Investment Opportunity in Azores, Portugal

Specialized outsourcing service company seeks investors to develop projects in tech and real estate.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 11.5 thousand
Run Rate Sales USD 10.4 thousand
EBITDA Margin 30 - 40 %
Industries Technology + 1 more
Locations  Azores
Local Time 4:40 PM Europe / Lisbon
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 44 thousand for 45.0% stake (Native Currency: EUR 38,000)
Reason: To develop the business in real estate field in Azores.
Interested to connect with advisors
Documents
Business Overview
Looking for investors to start a real estate and tech company in Azores. Most of our clients are banks and real estate funds. We get 4 to 5 orders requests on a weekly basis and most of them are recurring requests. The real estate project is to buy assets from Banks and from real estate funds to resell or to renovate and sell. Government will give back from 40 to 65 % of investment for new companies. The tech project is to create a platform for payments between B2P, B2B and P2P in a fast and secure way worldwide. The government provides free office space and home for who create a company in the tech field and create jobs. Need an investment and a partner with an existing or to start a new tech company for a project to revolutionize the way people buy and sell online and delivery their products.
Products & Services Overview
Current services:
Changes locks, cleanings, prepare the properties and goods for sale and find potential buyers.
Planned services for the real estate company:
Buy and sell real estate, there is very good deals from banks and real estate funds from 10 to 40% discount on properties.
Planned services for the tech company:
Payments, delivery.
Facilities Overview
At this time I have the opportunity to close the deal for with a master lease contract with option to buy the building in the end for 15 years. The Hotel is in the center of the city, has 2 floors. The contract will have everything included, all equipment. Rooms needs new decoration, and small renovations.
Capitalization Overview
Not Disclosed
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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