Strategic Rest & Rec Development Partner
About this business for saleStrategic Rest & Rec Development Partner
A Premier Developer of Rest and Recreational Residences
One of the Philippines’ national vacation spots is currently seeking a strategic partner for its current acquisition of a construction contract of 1,000 homes, all shovel ready in tranches of 200 units (phase 1), 300 units (phase 2) and 500 units (phase 3).
Utilizing the State-of-the-Art modern construction technology, the efficiency, curing and strength of building homes are increased by 30-40%, reducing construction time to days per unit. Inversely the cost is reduced while increasing margins by another 15%
With more than ₱3.5 billion inventory, the logical partner is expected to infuse ₱550 million to acquire 41% share and a seat in the board of the corporation.
HELP REDUCE THE BACKLOG OF NATIONAL HOUSING.
BUILD, BUILD, BUILD PHILIPPINES!
*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.