salam associates profile 2016

Floor 2 Roof was founded in 2007 in Chittagong with one fundamental premiseits about the service

1. About us 2. Vision3. Goal

4. Field of Expertise 5. Business Procedure6. Employment Position7. Office 8. Associated Firms9. Financial Advisor10. Architectural & Design Experts11. Range of our Products12. Achievements13. Prominent Clients14. Client Testimonial15. Prominent brands, we have affiliation with16. Financial Highlights17. Future Planning

Client TestimonialMy first introduction with Salam Associates started back in 2007, with a soft inquiry about C&F or Ex-Im matter. I knew my project is a relatively big project and wanted to have far more above standard than products available in Bangladesh. I never expected there can be someone like Salam Associates to offer exactly the services, I was looking for. Actually, Salam Associates offers more than expected. I didnt think likely door to door services which they offer without any hesitations.

In my first meeting with owner of Salam Associates, I was convinced to pay a visit to them in the following week to Chittagong to get a feel about their products range. It was very impressive and I instantly made a plan to visit China with them. It would have been very difficult for me to manage EX-Im, LC opening, C&F, and Customs etc on my own. I could simply pay attention on my project and interiors by giving all headaches to Salam Associates. By doing this, I could save a substantial amount to skip interior designers and architect. I couldnt find any solution from any architect in Dhaka to offer contemporary designs to my taste; I prefer to select my own things.

While visiting China to select items, it has turned out to be a business plus pleasure trip. I always enjoy the busy time we spend together. Picking up bits and pieces of Chinese and hard bargains. I know, many people think of negative about trade with China. But I never had any issue with my items and find Chinese very professional dealing with business transactions. I am an Australian-Bangladeshi and follow very high standard of business procedures. With the assistance of Salam Associates, I feel more confident to check on anybody in China before placing final order.

I always mention to Salam Associates that my serviced apartment project (Contemporary Heights Ltd), would never been as I have ended up decorating it to the finest, without their help. I will always be thankful to their support and services.

I will never forget that owner missed marriage anniversaries and Childs first Birthday to match with my business dates to travel with me in China. Lots of sacrifices to serve their clients. This will not go wasted. One important thing to mention, all members of Salam Associates are from reputed Family and with sound education background, all of them are fantastic people to deal with. They have lots of prospects in other business ventures. I wish them all the best in their future endeavors.

Md Shamim Hossain

CEO, Contemporary Height Ltd.

Baridhara, Dhaka.

Prominent brands, we have affiliation with As we are involved in this business since 2007, we have a good range of suppliers upon whom we can rely on considering the quality & competitive price of the products. Thats why we are confident enough to provide good quality products in a competitive price to our clients. Amongst all the suppliers the following are the glimpses of a few leading companies of China in their respective field.LOLA ceramics is the hot spot of the upgrading of Chinese ceramic industry. Lola focuses on both the ceramic and art. Being Artistic, Being Outstanding is the motto of this company. They are the producer of exclusive porcelain & ceramic tiles for which they have a good reputation in the world market.

Aijia Ceramics is the large sized, modernized ceramic production enterprise for wall and floor tiles. Recently Aijia ceramics has been granted as China Famous Brand Qualified products inspected by National Authorization & other national honors. It exports to Europe, South America, Middle East, South East Asia etc and praised by users at home and abroad. Virgo Sanitary Ware Co. Ltd. has been the greatest quality and exquisite sanitary ware articles made by the top designers & advanced technicians. It heartily emerges the product style vogue, classic, comfortable and with the exceeding reasonable prices greatest service to satisfy with more and more requirement of the modernist.

This electrical appliance company is established in 1985. It has 20 years experience in manufacturing hardware, plastic products, electrical & lights. Obtained more than 70 patterns & have been accredited with CQC or CCC certification, international certification such as UL, TUV, BS, CE, and CB. They are the worlds biggest manufacturer of piano key switches and the biggest R&D production center of the 4th generation steel frame electrical products. This company became the best sellers & well commented in Europe, America & Southeast Asia.Bonie Building Materials Technology International Group Co Ltd is a professional building material company who commits itself to decoration of building materials industry. Altogether it gathers development & research, production and distribution. At present it has PVC roll flooring, medical wall covering, rubber & homogenous flooring, PVC tile flooring all these products sell very well around the world. This company has got the sole distributorship in the Market of America.Monga is located at Chaozhou, the Ceramic Capital of China. They specialize in the development, production, sale and service for sanitary wares. The mainly series are super slim basin, toilet, vanity top, squatting pan, urinal and sink. Monga products are sold well all over the country and in the foreign market. And its brand is well-known and brand favorite move up step by step. At the same time, the sales amount and market share also increase every year.

Foshan Manuka Building Material Factory is located in Foshan which is famous for ceramics. The company has superior management experience and research capability that comes from foreign enterprises. As a new company try our best to do everything, focusing on technology innovation. The goal of our products is fashionable and good quality. Through the technology innovation, the company shall become better and better in the world.TO BESTCompany has different branches in china. They are professional in linens. Company is serving in this area for last 20 years. Most of the American, Asian, African and Middle East market demand meet up by them. Most of the renowned hotels are procuring their linens from this company regularly.

Salam Associates

Telephone: +88031-614711

Mobile: +8801973-718718

E-mail: [email protected],

Website: www.salamassociates.com

Address: 52, Saleha House,Road # 01,Lane # 03,

South Khulshi, Chittagong-4225, Bangladesh.

Company Profile 2016

www.salamassociates.com

Improvising Your Dream

Content


About us

Salam Associates is an emerging trading Company founded in 2007 in Chittagong with one fundamental promise Quality, efficiency & affordability. With a clear focus on providing consultancy about the quality materials and ensure unparalleled service, Salam Associates set about building a reputation based on dependability, honesty and integrity. In this vast market, of real estate and housing sector is urging for quality material and service in expert hands. In the span of time we have established ourselves as the pioneer in this unique business. We helped related concern to upgrade themselves and ensure quality, moreover encouraged many individuals engaged in this trade and contribute economy. Based on providing the variety of quality in products & uniqueness in service Salam Associates has quickly developed a high profile in the architects community and personal and commercial builders of residence, condominium, villas, shopping malls, hospital, government projects and hotels in Bangladesh. We always focused on total country development growth as a whole rather than individual interest.


Vision

We look upon business not merely as a source of income or profit, but as a way of life, as a medium for putting our talents to good use, while at the same time according us an opportunity to be of service to the community. Profits will follow. Let us remember that profit is not just a set of figures-but of values.

GoalQuality, efficiency & affordability is our motto. Our company strives towards this focused direction to make the society grow hand in hand with our own growth and prosperity. We ensure that the need of our customers is matched by the dependability, honesty integrity & service of our Company.


Field of Expertise

We follow a unique operation procedure than the other related companies in this field. Basically our service includes import and supply of all kind of products that are required for a project. We import goods mainly from China. As an added advantage we have an office in Guangzhou, China which provides us the unique opportunity to serve our clients with most effectiveness. In our Chittagong office we have vast variety of samples and catalogues of different items which gives our clients an opportunity to choose products of their needs. After signing an agreement with the client we take over all the responsibilities to deliver the required products within the speculated time. We have the all the connections both in China & Bangladesh to handle the business in a smooth & professional way.

Our company consists of personal expertise needed to run the business in a professional manner. The founder of this company basically looks after all the major areas of business & administration physically to provide the most efficient service to the clients.

Office Management, Marketing & Sales, Accounts, Design and sourcing of products & shipment all these fields we each personally have taken the responsibility to serve clients in a constructive way.


Business Procedure

We do business in a unique & flexible way.

The most regular process that we follow is we gather requirement from the client & as per their requirement we submit quotation with terms & condition. If both the parties agree with the terms & condition we go for formal agreement. The client then issues work order along with advance payment as per the agreement. As per the work order & the agreement, we then take all the responsibilities to purchase & deliver the products to the clients on time.

Simultaneously we also offer wide ranges of products to our clients in terms of price & quality as per the requirements of the client. Amongst the alternatives the client has the flexibility to choose one of their choices and place the order. We provide the samples of the chosen products and as per the samples we deliver the product at the site of the client. In this regards we receive local L/C and after the delivery of the products we will receive the payment.

Some clients require instant support (instant delivery of products). As we have warehouse facility we stock wide ranges of products to meet the clients instant requirement. At our office we have showroom where we can exhibit the products to our clients and at the same time they can choose form catalogues. If we have the requirements in our stock we sell instantly to the clients.


Employment Position

Currently this company consists of 50 employees. To run the business smoothly, all of our employees are dedicatedly involved in their own field of operations Planning & design, Sales, Marketing, Accounts, Field work.

Office

Chittagong

52, Saleha House, Road # 01, Lane # 03, South Khulshi, and Chittagong.

Phone: +88 031 614711, Email: [email protected]

Dhaka


China office

Considering the importance of this business we have established an office at Guangzhou, China. We consider this as the most important part of our business. Due to this establishment we are able to offer our clients the most efficient & effective service.

Address:

Room # 2106, Xien Dasha, 2nd workers cultural palace,

Tongfu Lu, Jeifeng Nanlu, Haizu District, Guangzhou China.


Associated Firms

We have affiliation with the firm named INVERTED. As we mostly emphasize on providing the best services to our clients we consider this affiliation has brought positive consequence. INVERTED is involved mainly in design implementation & execution, installation and project management & their affiliation definitely is an added advantage.

Logistics Support

To be more efficient in this business we are trying to be equipped with all the logistics that are required. Presently we have 2 pick-up vans to carry the products at the door of our clients. At the same time we have 3 sedan cars which enable us to maintain smooth operation. We have our own labor force used to carry products where ever it requires.

Ware House

Its a must requirement. Considering the importance of it we have acquire ware house for our conveyance. The following is:

House#51, Road # 01, South Khulshi, Chittagong.

Banks

Bank plays a significant role in this sort of business. With some renowned banks who are experienced in this line of Business, we have our accounts with them. As we have built a good relation with them & for the high volume business we have the privilege to get excellent support from them.

Standard Bank Limited

Brac Bank Limited

Shahjalal Islami Bank Ltd.


Financial Advisor

As a professional company we do obtain the service the financial advice from a reputed Company named IIPS CONSULTANCY SERVICE

Mr. Suranjit Dhar

ACCA, FCA

Phone: 031-2858377

Mobile: 01915474988

Kamal Chamber (6th floor) 61, Jubilee Road, Chittagong. 4000

Architectural & Design Experts

As an added value to our services we provide design support to our valued clients whenever it requires. To make this happen we have affiliation with prominent & renowned architects of Dhaka & Chittagong. The following are some prominent names:

Architect Mohammad Mahsiul Alam

Mashiul Alam + Associate Architects

House#67A Plot#28A Block-C O R Nizam Road

Panchlaish, Chittagong.

Tel: 031-652039

Mobile: 01713113399

Architect Tarek Haider

URBAN SKETCH

H # 21B, R # 07, Block # G, Banani, Dhaka

Mobile: 01912192762


Range of our Products

We basically emphasized to provide a huge variety of products needed for personal & commercial builders. So our main product range covers tiles, sanitary wares like bathroom fittings & fixtures, exclusive bathtub/sauna room, electrical items (switch, sockets etc.), lightings fixtures, doors, PVC & Aluminum section, Kitchenware, furniture of wide ranges like office, home or medical, Linens, Hotel amenities and Facilities and so on.

Tiles:

We have the sourcing of huge variety of tiles. Tiles of different sizes, design, color & texture, pattern, quality all we have within our range. So we have the ability to satisfy the customers of different taste & experiences.

Bath fittings & Fixtures:

We have contact & good relation with different renowned companies of China. These are the companies who hold a very good reputation in this line of products & have the ability to offer huge variety of products. As we have a very good contact with all these companies, we are in a position to offer our clients quality products in a competitive price.

Office, Hotel & Medical Furniture:

For furniture China has established themselves as a pioneer in this field. Furniture of all ranges and design is being manufactured here. They have taken this art to a new height. So considering the developments in this field we have a very good opportunity to introduce new taste of furniture for our clients.

Electrical Fixtures & fittings:

China has developed a lot in the field of electrical fixtures & fittings. So there is a ample opportunity to offer wide range of electrical fixture & fittings to our customer with competitive price considering good quality.

Ben Linens & other amenities:

We can ensure wide variety of bed linens and other housekeeping amenities from economy range to star rated series from our experienced renowned supplier from china who has confidently supplying all over the world last 20 years in this field.


Achievements

During the span of our business, till now we have successfully completed different projects satisfying our clients with our competitive price, quality & good service. The following are the details of some successful projects.

Ambrosia Restaurant , Chittagong

This is the only exclusive double height restaurant established in Chittagong. All the finished materials (tiles, furniture, A/C, electrical items etc) of this 14,000 sft restaurant is successfully handed over within the due time to the client.

Corporate Office of A. K. Khan Group, Chittagong

Corporate Head office of A K Khan Group consists of 24,000 sft area. Exclusive materials for this project are being provided from our company with high satisfaction of the client.

Exclusive residential projects of Best Holdings Ltd., Dhaka

Best Holdings Limited is one of our renowned clients. We have successfully supplied all the necessary materials to their large apartment projects such as Westeria in Baridhara.

Exclusive residential projects of Capital Banani Ltd., Dhaka

Capital Banani Limited is one of our renowned clients. We have successfully supplied all the necessary materials to their large apartment projects such as TRITOMA in Gulshan.

Contemporary Heights Serviced Apartment project at Dhaka

Contemporary Heights is a luxury 6 storied fully furnished service apartments. Built area of this service apartment is almost 20,000 sft. All the required finished materials for this project is provided by our company.


Update Tower, Uttara, Dhaka

Update Tower is a 14 storied large scale commercial project at Uttara. All tiles, bath fittings, stair tiles & electrical fixtures have been supplied for this project.

Persona Hair & Beauty Limited:

Its the renowned beauty salon which established as an industry in this field at Dhaka. The area is almost 20,000 sft. Tiles & all furniture of their choices have been provided through our company.

OTTO:

Otto is a German multinational Buying Office in Uttara. Tiles & all office furniture of 20,000 sft area is being covered by our company.

Residence of Mr. Anwar, Director of PHP Group, Chittagong

PHP Group of Industries is one of the renowned Company in Chittagong. Its an exclusive residence project where we have provided all sorts of exclusive finished materials which have taken the residence to a new height.

Residence of The Purbokone Group, Chittagong

Exclusively done with the variety of exceptional products to match the taste of Purbakone Group.

Equity Property Management Ltd.

Equity is one of the leading developing companies in Chittagong. We are presently working on, some of their large apartment projects. We are working as a regular supplier. Till now we had supplied about 25 projects of them.


Jumairah Holdings Ltd.

Jumairah is one of the emerging developing firms in Chittagong. Recently we are involved with Jumairah to supply finished materials for their apartment projects. We are working as a regular supplier.

Dhorithree Land Management Ltd. (M. E. B Group)

One of the established developing companies. We are working as a regular supplier.

Orchid Business Hotel, Chittagong

Orchid Business hotel is a hotel at Aagrabad consists of 46 rooms. We are selected to supply finished materials for this hotel. Supplied Amount BDTK 0.50 Crore

Green Delta Aims Ltd

Its a 16 storied large commercial building project. Supply Amount will confirmed according to Phase by Phase. 1st Phase Contract Amount BDTK 1.53 Crore.

Exclusive Villa Project in Sydny and Canbera.

Contract Amount USD 0.5 million

Empori holdings ltd. supplied about 10 large projects of them.

Aristos Hotel.

Baizid Group.

Exclusive Villa in Abroad

We have successfully supplied to exclusive villa project in Australia LINDCOMBE, NSW 2141.


Our Prominent Clients

Our customer list today boasts the names of most of the countrys renowned builders as well as individuals.

The following are the list of our Clients with whom we are doing business and are willing to continue the business based on our dedication, hard work, honesty & willingness.

Metro Group

A K Khan Group of Companies

PHP Group of Companies

Equity Property Management Pvt Ltd

Best Holdings Limited

Green Delta Aims Limited

Dhorithree Land Management Ltd. (M. E. B Group)

Jumairah Holdings Limited.

Purbokone Ltd.

Persona

Update Builders Ltd.

Empori holding limited

CPDL

Yunsco properties limited

Large number of Individuals.

Radission Blu Water Garden, Dhaka

Radission Blu Bay View, Chittagong



Financial Highlights

As per audited balance sheet for financial year July 2008 to June 2009, our financial status describes us as follows:

Sales: Our sales figure has crossed BDT 180 million which is really stunning for a comparatively new firm in this industry. Our uniqueness in service, price, quality and commitment has made us able to achieve this excellent sales volume.

Current ratio: Our current ratio comes at 2.29 which indicates our good short term ability to meet our current liabilities.

Debt Ratio: In the said financial year our debt ratio is 0.37 which indicates strong asset position of the firm

Leverage Ratio: 0.58 is the leverage ratio of the firm which shows well-built equity position of us.

Profitability ratios: Our GP ratio stands at 6.61% while the NP ratio 5.54% which indicates that we make minimum profit but concerned about a good sales volume.

Future Planning

Salam Associates has a great plan for future of itself and for the peoples related to construction and structural development of Bangladesh. So far we worked as a project supplier but our dream goes as far as providing essential materials on retail basis to the mass people. Our planning includes a super warehouse chain in Bangladesh, where people will get their desired materials under one roof. From interior to exterior building materials to great value furniture, exclusive lighting collection and so on. In one place, people will get everything they need to build and decorate their structural establishment. We target to be the unique supplier of building materials in both wholesale and retail market of Bangladesh.

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salam associates profile 2016

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