Newly Established Residential Real Estate Construction Company Investment Opportunity in Labasa, Fiji

- Contract to build 52 residential retirement homes in Sigatoka using a patented system.

- The project will bring in revenue of FJD 6.24 million over 5 years.

- Scheduled to start building in January.

- The client who has given the project owns the entire land and they will pay us FJD 120,000 for each house.

- 10 homes will be constructed each year and we will finish 52 homes in five years.

- The cost of construction for each home is FJD 95,000.

- Total margin per home is about 20%

- The project is in the design phase right now, and we will submit the proposal to the local council.

- The land is ready and we have all the equipment as well.

- The client has already paid us FJD 15,000 as an advance for 3 homes.

- The investor will get a 25% stake only in this project.

- Design of patented low-cost residential homes.

- Construction of low cost residential homes.

- B2B Business where we construct for clients who then resell the homes.

Tangible assets for the project include owned equipment and vehicles worth FJD 20,000.

Intangible assets include:

- Intellectual property for patented building system.

- Contract to build 52 retirement homes valued at FJD 6.24 million.

Rented a 200 sq. ft. office in Labasa Town in the Northern part of Fiji.

All the homes that will be constructed are in the subdivision of Sigatoka (the western part of Fiji)

- Fiji Development Bank loan balance of FJD 43,816.

- The main owner holds 54.5% of the company while the two other shareholders own 36.4% and 9.1% respectively.