6.5 / 10
 Uitvlugt

Private contractors specializing in building and renovation, seeking funds to start concrete blocks manufacturing business.

Key Business Facts
Yearly Sales USD 60 thousand
EBIDTA Margin 35 %
Industries Building Contractors
Locations  Uitvlugt
Business Overview
- The business, located in Uitvlugt, is private contractors specializing in building and renovation services for boutique commercial companies and private homeowners.
- The company has successfully completed 3 out of 5 projects this year, with 2 projects still pending. The majority of projects are commercial in nature, with an average project value of GYD 3 to 5 million and an average duration of 12 weeks.
- Given the anticipated growth in demand for building materials in Guyana, the company plans to expand its operations to include the manufacturing and supply of concrete blocks, targeting both construction companies and private builders.
- This strategic move is aimed at capitalizing on the country's development and the potential increase in construction projects over the next decade.
- The expansion into concrete block manufacturing is expected to result in cost savings and increased profitability for the business, as the current practice involves purchasing concrete from other cities for their projects.
- The procurement of raw materials, including cement and sand, will be sourced from manufacturers and suppliers, while the necessary machinery for the manufacturing process will be imported from China.
- The business needs 10 permanent employees to run the business operations as it is constantly expanding.
Products & Services Overview
Private contractors - building and renovation services for boutique commercial companies and private homeowners.
Most of the projects this year are commercial.
Expanding to manufacture and supply of concrete blocks.
Target clients are construction companies and private builders.
Capitalization Overview
Currently this business is funded and maintained by its current and up-to-date contracts and private list of clients that we provide service to. No outstanding loans or liabilities. Sole proprietorship business.
Assets Overview
Physical assets include: - Cement mixer. - Tools. - Vehicle.
Seeking Loan
USD 14 thousand for 10.0% annual interest, 1 year (Native Currency: GYD 3,000,000)
Reason: Seeking funds to start a manufacturing and supply business for concrete blocks. The sought transact... View More
Collateral Available: USD 24 thousand
Includes physical assets worth USD 17 thousand
Interested to connect with advisors

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