Investor/partner required - Durban

Wednesday, 10 August 2016
No photo

Item details

City: Durban, KwaZulu-Natal
Offer type: Sell
Price: R 123

Contacts

Contact name nkosikhona
Phone 0717480761

Item description

I am looking for an investor for my company.
I have open an construction company which already have done few small projects(new houses, plumbing, electrical, renovations, roofing, tiling and ceiling) but it’s not only focusing on construction only, also maintenance and general supply.
MISSION- my mission is to promote empowerment for youth, woman and physically challenged individual through job opportunities and skills development that combat the use of drugs and offer bursaries to orphans and underprivileged children’s also empower previously disadvantaged individuals with disabilities in truly multi-cultural operation to give our customers the right product and service they deserve through a high level of professionalism and commitment and quest for excellence, i want this company to be recognized as a leading and profitable company with a strong emphasis on improving and empowering our community
START-UP SUMMARY-this is the reason why I need an investor or a partner, although the company is registered, there are some more registrations need to be done. The company has done few small projects this year which can be viewed in our Facebook page. So in keeping with the company philosophy of avoiding the use of debt, the goal is to start-up as inexpensively as possible. I am looking for more than R80.000 but R80 can also do, most expenses are typical start-up paper work fees (legal, accounting, cidb, office space, office equipment and some more tools) and R40.000 is for a second hand bakkie as I find it too hard to work without it because its end up costing me to hire a bakkie every time I’m doing projects.
CONTRIBUTION-capital contribution of approximately R80.000 will buy 30% of share to the company which an investor/partner will receive each and every financial year-end which is February. Then 10% of the income made by the company monthly will be paid to an investor/partner in each every month. (If the company is making R100.000 monthly which means the investor/partner will receive R10.000 monthly) which can be more as the company grows. Now about the 30% share (if the company made a profit of R1000.000 (1million) a year the investor will receive R300.000 in a financial year-end + a monthly payment.
DURATION-the partnership will commence on the effective date and shall continue for an initial period of 3 years, which can be renewable based on agreement.
Thanks for more info please call 0717480761
mthokozisi