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Construction Material Wholesale Company Seeking Loan in Jeddah, Saudi Arabia

Business providing excavation and back filling contracting work, also wants to start trading steel re-bars.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 1 - 2 million
Run Rate Sales USD 1.12 million
EBITDA Margin 20 %
Industries Construction Material Wholesale + 1 more
Locations  Jeddah
Local Time 1:51 AM Asia / Riyadh
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 530 thousand for 10.0% annual interest, 2 years (Native Currency: SAR 2,000,000)
Reason: Working capital required to begin the steel rebar trading business.
Collateral Available: USD 107 thousand
Includes physical assets worth USD 133 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- A business providing excavation and back filling contracting work, based in Jeddah, Saudi Arabia.
- We work mainly on Government contracts.
- Have completed 3 projects till date.
- We are now looking to get into the steel trading business. The contracting business will continue as is.
- We will be purchasing steel rebars from 2 large manufacturers in Saudi Arabia.
- Products will be sold to manufacturers as raw material and distributors in Saudi Arabia.
- Physical assets include office setup, tools, equipment and vehicles.
Products & Services Overview
Business providing excavation and back filling contracting work for Government projects, intend to get into the steel rebar trading business.
Facilities Overview
We have a rented office space in Jeddah.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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