Fire Fighting system Upgrading

Fire Fighting system Upgrading

Current Status Break-Even, Profitable
Amount Invested Rm30,000
Funding Required RM300,000 or less
Description We are a technical service industry for fire fighting equipment and system and doing small scale business. Due to the life span of the equipment, upgrading is required as to replace and rewire aging system.
Business Opportunity Upgrading aging fire fighting system and equipment is a must because it is the bylaws of Fire brigade of Malaysia (Bomba Malaysia)
Upgrading is more profitable because there is no specific requirement by the client and the charges are based on our finding and report.
Revenue / Business Model The revenue earned from this upgrading is very profitable and i’m willing to share a handsome profit with the investor when the project is secured and the P&L and working paper report is completed.
Management Team This project is managed by two professional crew who has nearly 30 years experience in fire fighting system and equipment.
Company Background This company Fire-O-Engineering has been establish since 1990 and has been solely involve in fire fight maintenance and projects.
Funding Milestone RM 50,000
% Equity Allocation From your funding amount I’m will to give 20% within 90 days from date of PO issued from my client.
Expected ROI For an investment of Rm 50,000 I’m willing to return the Rm 50,000 with additional of Rm 10,000 within 90 days
Risks and Mitigation There are no risk involve in Upgrading Fire fighting equipment because our clients are cooperate clients and their PO is issued when they have the budget. The approval to invoice is subjected to the Fire Brigade inspection once the repair is done. From Upgrading and approval from the fire brigade inspection is done within a month and invoicing is done once the fire brigade has don the inspection.
Exit Strategies There are no exit strategies. Once the investor has invested and the project will commence until completed. The investor has the right to inspect the job progress until completion and fire brigade inspection.
Company Name Fire -O -Engineering
Website/Facebook http://www.tofm.com.my%20
Business Address Jalan Sungai Rokam
Contact Person Anthuan
CAPITAL.MY