Construction Material Wholesale Company for Sale in Manama, Bahrain
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | C Corporation |
Reported Sales | USD 2.5 million |
Run Rate Sales | USD 2.5 million |
EBITDA Margin | Nil |
Industries | Construction Material Wholesale |
Locations | Manama |
Local Time | 4:19 AM Asia / Bahrain |
Listed By | Management Member |
Status | Active |
- We are a sea dredging company with our main clients being major contractors, concrete manufacturers, government, and sand washing plants.
- The promoter acquired an existing dredging company that was operating for 3+ years.
- We deal in excavating the sea bed and selling washed and unwashed sand.
- The company has owned three ships and equipment.
- We also work on dredging projects for the government.
- Our last project was for 3 and a half years that involved dredging for 15 km.
- For selling our products, we charge our clients in advance. For the contracts, we have different terms and agreements depending on the project.
- The company has 7 owners and no outstanding liabilities.
- Since we were preparing for the sale, the business was not operational in the last year.
Sand mining, capital dredging, dredging & reclamation, seabed cleaning & beach repair, marine construction & transportation.
Dredger, barge, crew speed boat, tug boat (decommissioned), 4 mega + 2 mega pixel camera and SD card storage network video recorder, 2 mega pixel camera and SD card storage, CCTV camera, wireless mouse, computer monitor, CPU for weigh bridge printer, HP Probook, Dell laptop, laptop HP, software vision, office table, book shelf, office chair, visitor chair (office sets), office table l- shape, book shelf glass door, sliding door cabinet, double door refrigerator, workstation for 4 person, 2 set wood dining table for office, electric cooking range, refrigerator frost free double door, microwave oven 20LTS w/o grill, microwave, washing machine (front door type) capacity 7KG, electric cooking range with oven 4 burner, fridge for labour accommodation, washing machine, Samsung washing machine, whirlpool cooking stove, washing machine, window a/c, and copier, etc.
Operating on leased land in the Kingdom of Bahrain with an area of 14,587m2 and a monthly rent of BD 8,022. This area includes an office, shipyard, and dock.
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Earlier than 15 daysManaging Director, Metals And Minerals Trading, Chennai, Corporate Investor / Buyer connected with the Business