Fabricated Metal Products Business Investment Opportunity in Dammam, Saudi Arabia
|Employees||10 - 50|
|Reported Sales||USD 1 - 2 million|
|Run Rate Sales||USD 2.6 million|
|EBITDA Margin||20 %|
|Industries||Fabricated Metal Products|
|Local Time||7:20 AM Asia / Riyadh|
|Listed By||Business Owner / Director|
- Business involved in the production fabrication and installation of steel structure.
- 700+ executed projects in Eastern Province, Riyadh, Jeddah, South Province, Bahrain, and Yemen.
- Leaders in the eastern province in the fabrication & installation of steel structure buildings.
- Our main and biggest clients are Nesma & Partners, Nesma Trading, Springwater, Hiba firefighting, PetrolValves, Al Usaimi Steel, etc.
- We currently have 6 active projects.
- Manufacturing facility with 3 warehouses in Dammam. Each warehouse has separate activities, one is for fabrication, the other one for testing, and the final one for storage of inventory.
- Projects on average take a couple of weeks to be completed.
- Our revenue from a small project is around SAR 100k, and for a bigger project, it is around SAR 4M.
- The sales have picked up from the previous year due to more increased project contracts, and the market is recovering from the slump of the pandemic.
- We have major goodwill in the market.
- The family has been in this business for 5+ decades.
- Our employees are with us for a long time and they are highly skilled and are more than capable of handling big projects.
- Factories and warehouses.
- Steel Structures (standard section fabrication and installation)
- Car parking sheds.
- Multi-story steel buildings.
- Steel tanks (water, diesel, and oil)
- Steel doors.
- Steel windows.
- Civil work.
- Electro-mechanical work.
- Architectural work.
- 5 cars.
- More than 20 pieces of equipment such as forklifts, welding machines, punch machines, drills, etc.
One floor office in Dammam including 6 office rooms and a reception area. Rent of SAR 20,000/year for an area of 150 sqm.
We also have a manufacturing facility that has 3 warehouses which is a 20min drive from the office.
2 foreign owners have shareholdings of 90% and 10%.
No outstanding loans. The main source of funding is the projects that the company takes on.
Earlier than 15 daysPartner, Industrial Gases, Pune, Individual Investor / Buyer connected with the Business
Earlier than 15 daysBusiness Development Manager, Oil & Gas, Dammam, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysSenior Engineer Corporate Planning, Steel & Chemicals, Hyderabad, Corporate Investor / Buyer connected with the Business