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Need investors for FSBO real estate portal in Mauritius

Description: Our company is being developed as the first For Sale By Owner real estate portal in Mauritius.
The market potential is very interesting with more than 2000 properties for sale and rent on a monthly basis locally. We are targeting 15% of this market on the first year of operations with a net profitability of 37% in average.
The company has already been set up and the website is being developed.
The business plan is available to serious investors only.
As this business success depends heavily on communication / advertising, we need to find financing to be able to compete with our main competitor who owns a radio and few newspapers.
Need from others:
Need Capital Need Capital
We are looking for an investor able to inject EUR 50,000 for 49% of the shares. Profitability after the first year of operations has been forecasted at EUR 45,000 going up to 75,000 at the end of financial year 2 and EUR 100,000 after financial year 3.
I am willing to fly anywhere in the world at short notice to present my venture.
Author: jucumas from Mauritius  Posting reviewed by: 333 users
Country of business: whole world Published on: 23 February 2009
Region of business: any Posting ID: 2842
Business Sector: property services Image: Not available
Business Plan
or Presentation:
Not available
3 Credits required


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