Electric Construction Company for Sale in Al Khobar, Saudi Arabia
Electrical construction business with an experience of 46 years for sale.
This transaction has concluded.
Premium Plan
| Established | 50-60 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 700 - 800 thousand |
| Run Rate Sales | USD 2.24 million |
| EBITDA Margin | 20 - 30 % |
| Industries | Electric Construction |
| Locations | Al Khobar |
| Local Time | 9:34 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
330 thousand
(Native Currency: SAR 1,250,000)
Reason: Managing director settling back to the USA. The valuation is attractive as we are looking for a quic...
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Includes physical assets worth
USD
160 thousand
Interested to connect with advisors
Documents
Founders
(14.3 KB)
Founders Front Row 1
(77.5 KB)
Business Overview
- The business has goodwill and a brand name of 46 years.
- We are seeking an investor to take over and continue with all assets, tools and equipment, and office system.
- The management member who is representing the profile on the platform is in India.
- The business has worked with 20-30 clients.
- The time duration of a contract depends on the specific requirements. It can range from 1 to 6 years.
- Due to Covid, the business worked on only 1 project last year. This is the reason for the reduced reported sales for the last year.
- Company is approved for Aramco and many others.
- We are seeking an investor to take over and continue with all assets, tools and equipment, and office system.
- The management member who is representing the profile on the platform is in India.
- The business has worked with 20-30 clients.
- The time duration of a contract depends on the specific requirements. It can range from 1 to 6 years.
- Due to Covid, the business worked on only 1 project last year. This is the reason for the reduced reported sales for the last year.
- Company is approved for Aramco and many others.
Products & Services Overview
We deal in electric construction including electrical and low-current systems like fire alarms, firefighting, access control, etc.
Assets Overview
Physical assets include tools equipment, and all movable assets including office systems, and vehicles.
Facilities Overview
Office facility on a two-floor bldg existing on rental and rented staff quarters in the east of the city.
Capitalization Overview
No loans and encumbrances. Invested by a Saudi sponsor and managed by an American national who is a master of electrical engineering from the American University Beirut. The business has 1 owner.
Recent Activity
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Earlier than 15 daysOwner, Supply Chain And Logistics, Riyadh, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOperations Engineer, Oil And Gas, Kuwait City, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysSenior Advisor, Abu Dhabi, M&A Advisor connected with the Business
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