Photo - EFI
56262

EFI

Renovation , Maintenance and selling

Egypt
Market: Consulting, Real estate, Building, Services
Stage of the project: Prototype or product is ready

Date of last change: 19.02.2022
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1
equalizer from 2000
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Idea

already build compund ,need renovation and maintenance , 3 years maintenance and selling contract , very unique location in new cairo , 1st settlement, easy to sell after renovation

Current Status

built from more than 15 years , 48 building with 850 unit ( Flat ) in a very unique location in new Cairo , 3 new constructed Malls , 2 swimming pools , 3 entertainment gardens , no new locations or unites around it , in between old cairo and the new administrative capital ,

Market

Maintenance and operation is a rapidly developing and growing industry. In response to this climate, we will provide other services, including facilitation and analysis of requirements in the future., especially with the country's general tendency to pay attention to real estate investment, urban expansion and the establishment of new cities

Problem or Opportunity

maintenance and security services has stopped form 5 years , sales has nearly stopped too
we have a deal with the owner but he will pay us unites -not money- with 20% discount from the official and average market prices
after renovation unit prices will raise 10-15 % ( compared to the area prices )
selling our units and remaining 70 units with commission from owner
serve the current residents ( services , maintenance and security)

Solution (product or service)

construct a maintenance company
make all the required renovations

Competitors

current residents depends on ther own to complet there maintenance services for buildings
there is a huge demand for maintenance companies in egypt , more than 7 new cities is going to operate soon

Advantages or differentiators

the real advantage is the plan , other companies only offers one service only , that's why they failed , the 3 steps must be done with each other ,
Renovation , Service & Selling
we are going to construct a new company specially for this site

Finance

3% commission for selling
10% over price for renovations
different prices for visit and repair services
privet constructions for new and current residents

Business model

we will join the contracting and maintenance industry. Generally, larger maintenance firms work with international developers while smaller maintenance firms work with local developers and smaller pools, usually closer to home. The founders of regulated maintenance companies like ours also have a history of working with government agencies, local businesses, and contractors in various construction and engineering fields. With the economy recovering, the industry is showing positive signs of growth. A recent study stated that Operations Management Consulting is expected to grow by 9.1% annually over the next several years.

Money will be spent on

Efficiency Raising
• Interlock work for the streets:
• Painting the facades of buildings
• Completion of the outer wall
• Land scape work, gardens and irrigation network
• Raising the efficiency of the electricity and lighting network
• Installing surveillance cameras, pedestrian and car gates
maintenance
• Collect monthly subscriptions
• Collection of dues in favor of the developer
• Implementation of the monthly maintenance and cleaning plan
• Supervising the security and order inside the compound
• Providing services to residents and owners
• Maintaining and maintaining fixed assets
sales
• Selling and marketing new units to the developer
• Reselling and renting units to current owners
• Special maintenance or finishing services12%

Offer for investor

12% profit for the Fund ( Money )
will be returned within 6-9 mounts
33% share in the new constructed company

Team or Management

Risks

Sales delay , alot of unites are available in market nowadays in administrative capital and new cities , but not in new Cairo area , new cairo is the nearest neighborhood for the new administrative city , new cairo will be the center of cairo next 5-10 years , not to much unites available in new cairo and old one due to regulation changes

Incubation/Acceleration programs accomplishment

not too much , fund held by owners only until now

Won the competition and other awards

Appreciation leave from the owners union to intervene in solving some obstacles and problems

Photos

Photo 1 - Renovation , Maintenance and selling

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation