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Fabricated Metal Products Business Investment Opportunity in Dammam, Saudi Arabia

Industry-leading company in the fabrication and installation of steel structures that has executed 700+ projects.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Other
Reported Sales USD 1 - 2 million
Run Rate Sales USD 2.6 million
EBITDA Margin 20 %
Industries Fabricated Metal Products
Locations  Dammam
Local Time 12:49 PM Asia / Riyadh
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 530 thousand for 25.0% stake (Native Currency: SAR 2,000,000)
Reason: All numbers can be discussed once a real interest is shown. The company has more than 20 years of ex... View More
Includes physical assets worth USD 80 thousand
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Business Overview

- 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.

Products & Services Overview

- 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.

Assets Overview

- 5 cars.

- More than 20 pieces of equipment such as forklifts, welding machines, punch machines, drills, etc.

Facilities Overview

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.

Capitalization Overview

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.

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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