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Manpower Security Business Seeking Loan in Dhaka, Bangladesh

Growing and profitable group of companies seeks funding to ramp up marketing across group companies.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 400 - 500 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 10 - 20 %
Industries Manpower Security + 1 more
Locations  Dhaka
Local Time 6:30 PM Asia / Dhaka
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 90 thousand for 12.0% annual interest, 15 years (Native Currency: BDT 10,000,000)
Reason: To increase the business by increasing marketing across all verticals.
Collateral Available: USD 32 thousand
Includes physical assets worth USD 32 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview

- Startup group started 3 years ago with multiple companies under its umbrella.

1. Personal security services with 126 security guards and 15 clients:

- Maximum revenue comes from this company at BDT 15 lakh.

- Revenue model e. g. client pays us BDT 15,000 and we pay the guard BDT 3,000 and we make money from the difference.

- Good connections with LG Butterfly with 3,375+ outlets across Bangladesh.

- Valid license from Labour Ministry for recruiting security guards.

- Clients include Sunderban Courier Service, Ethical Paper Mill, and LG Butterfly. In talks with Igloo Ice Cream as well.

2. Interior design company:

- Successfully completed 19 interior projects. Still, 3 are in process.

- 10-15% gross margin across all projects.

- We charge about BDT 170 per sq. ft.

- This company brought in BDT 13-15 lakh in sales last month.

3. Educational consulting house that has affiliations with 15 universities in 3 destinations:

- In some cases, students pay us and in some cases, the colleges pay us (

- Colleges pay us anywhere between 5-20% of the total college fees.

- Also train students for IELTS, have 15-20 students.

- BDT 8-10 lakh comes from this company.

4. Travel agency:

• Only flight tickets and local tour packages in Bangladesh.

• No IATA licensing, will take 1 year.

• USP is group tours of many female solo travelers.

• BDT 2-3 lakh comes from this.

5. HR consultancy services.

• 5 corporate clients including Bengal Well Being and Epson India Pvt Ltd.

• We are hiring for Epson India's Bangladesh operations.

• 5-10 BDT lakh revenue from this.

The management member handling the group has:

- 23 years of experience in HR consultancy services.

- Very good connections and network as CHRO of a reputed MNC in Bangladesh.

Products & Services Overview

Interior design & development, student consultancy services, training centre, HR consultancy, event management firm, fitness centre, advertising agency, import-export, and the online newspaper.

Assets Overview

Tangible assets:

- Computers, high-configuration PCs, and laptops.

- Furniture like tables, chairs, and cabinets.

- AC and other electronic gadgets.

- Furnished office.

Intangible assets:

- Website.

- Goodwill of the businesses.

Facilities Overview

We have a rented head office of 3,600 sq. ft in Dhaka. The office is located in the Central Dhaka, in an area called Dhanmondi.

Capitalization Overview

- We have invested around BDT 2.5 crore from our own funds for the establishment so far.

- No loan from any bank or any other financial institutions and companies.

- Sole proprietorship.

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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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