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Profitable Residential Real Estate Construction Company Seeking Loan in Virginia Beach, United States

Real estate development company building innovative, and energy efficient single family, multifamily, and commercial spaces.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 150 thousand
Run Rate Sales USD 216 thousand
EBITDA Margin 40 %
Industries Hotels + 1 more
Locations  Virginia Beach
Local Time 10:06 PM America / Chicago
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 750 thousand for 5.6% annual interest, 15 years (Native Currency: USD 750,000)
Reason: Start, build, and complete a turnkey 24 key upscale boutique hotel, 4 retail leases, a restaurant le... View More
Collateral Available: USD 450 thousand
Includes physical assets worth USD 200 thousand
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Business Overview

1. Real estate development company specializing in building and remodeling single family, multifamily, and commercial spaces.

2. Currently operating in Virginia and Louisiana region with 3 employees. We hire additional staff based on demand.

3. Over 9 years of business operation, resulting in a portfolio of over $2M.

4. Serving first-time homeowners, traveling contractors, and leisure travel tourists.

5. Utilizing online systems to market and promote available spaces for lease or sale.

6. We have repeat clients requesting builds due to our quality and design in certain markets.

7. Established relationships with the Mayor in each city.

8. Mentorship under the CEO and founder of hotels and one of Florida's major construction companies building hotels and resorts.

Products & Services Overview

Building and remodeling homes and commercial spaces.

Our market: 1st-time homeowners, traveling contractors, and leisure travel tourists. We have online systems to market and promote the space as it becomes available for lease or sale.

Assets Overview

Asset include a property with 10 homes, 1 multifamily space, and 1 hospitality space.

Other assets include company trademark and goodwill.

Facilities Overview

Owned 15,000 sqft building with 24 keys, 3 floors. Bottom floor is leased.

Located in a middle working-class area.

Capitalization Overview

The business is 100% owned with no debts. The company is funded by monthly lease agreements. Through the lease agreement income, additional properties are bought, renovated, leased/sold to increase capital.

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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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