Short Story

Expected sales price: Approx 3,6 Million SEK
Profit expected per SME member (in %): 8,8 %
Start Date: Ongoing (01-Aug-2020)
Project Time Span: approx 8-10 months
Fundraising Amount Requested: 150,000 SEK
Fundraising Deadline: 01-10-2020

Projekt Hallsberg

by Sveriges Muslimska Entreprenörer

Rated 0 out of 5
  • 150.000 kr

    Funding Goal
  • kr

    Funds Raised
  • 8

    Days to go
  • Target Goal

    Campaign End Method
Raised Percent :
0%
Minimum amount is kr5000 Maximum amount is kr30000
kr
Hallsberg, Örebro län, Sweden

Sveriges Muslimska Entreprenörer

2 Campaigns | 0 Loved campaigns

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Campaign Story

SUMMARY

This is joint venture (JV) with an established construction company that is working on building a villa in the region of Hallsberg from the ground. SME is providing partial investment via its crowdfunding platform for the project and the potential profit will be shared accordingly based on some fixed T&C*.

Total investment for project: Approx 2,8 Million SEK

Expected sales price: Approx 3,3 Million SEK  (As per the estimations of the estate agents)

Pre-Tax Profit expected for SME (in %): 18% *

Project Start Date: 01-Aug-2020

Project Time Span: approx 8-10 months

*Contruction company will charge us 30% of the total profit as they are managing the project entirely

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PROJECT DETAILS

Construction Details: New construction of a detached house (villa)
Object: Hallsberg Vargen 4, Hultastigen 4, 694 35 Hallsberg

REVENUE:  3,295,000  SEK  (Agreed starting price with estate agent)

COSTS:

Plot price – 120,000 SEK*

*The plot is bought by the municipality, all connections and building permits are included.

Total for construction work – 1 532 750 SEK
Total for building materials – 1,062,500 SEK

Fee for estate agent – SEK 50,000

Stylist (furniture and design for the ad) – 25,000 SEK

Total Costs: SEK 2,790,250

 

PROJECT NET (before tax)

Project Profit Margin (SEK): 504 750 SEK

Total Project Profit Margin (%): 18%

SME Profit share (%): 12,6%  **

**After 30% admin deduction from construction company

SME member profit share from project as per investment (%): 8,8%  ***

*** SME keeps 30% of profits for admin & further business development and 70% is paid out to members 

 

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Latest pictures from the project:

Project Drawings