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HVAC Equipment Business Investment Opportunity in Kuwait City, Kuwait

Exploring investment opportunities: Growing HVAC firm in Kuwait seeks partial stake sale for expansion.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 50 - 100
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 3 million
Run Rate Sales USD 3.14 million
EBITDA Margin 3 %
Industries HVAC Equipment
Locations  Kuwait City
Local Time 4:17 AM Asia / Kuwait
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 2.3 million for 75.0% stake (Native Currency: KWD 700,000)
Reason: The business has been entirely bootstrapped and self-funded, allowing it to grow to its current leve... View More
Includes physical assets worth USD 750 thousand
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Business Overview
- Located in Shuwaikh Industrial, our HVAC contracting business specializes in comprehensive heating, ventilation, and air conditioning solutions tailored for both residential and commercial clients in Kuwait.
- We offer a range of products and services, including HVAC installation, preventive annual maintenance contracts, coil replacements, and refrigeration repairs, ensuring our customers' systems operate efficiently year-round.
- Our diverse clientele includes individual homeowners, residential buildings, facilities management companies, malls, complexes, restaurants, and schools, highlighting our versatility in serving various market segments.
- Our installation projects involve one-time project costs, while annual maintenance contracts function as a subscription model, ensuring continuous service delivery and customer retention.
- We supply and replace spare parts as part of our one-time sales model, responding quickly to customers' equipment needs for repairs and upgrades.
- Our esteemed clients include notable names such as Landmark Group (including Centerpoint and Max), as well as prominent fast-food chains like McDonald's, Pizza Hut, and Domino's, showcasing our industry credibility.
- We take pride in providing premium services to the Royal family members of Kuwait, elevating our brand reputation and commitment to high-quality HVAC service.
Products & Services Overview
Our core services include HVAC installation, annual maintenance, coil replacements, compressor and motor rebuilding, and refrigeration solutions, catering to homeowners, residential buildings, facilities management firms, malls, complexes, restaurants, and schools.
Assets Overview
Tangible assets: Rebuilding machinery, lathe machine, spare parts and material inventory, equipment, furniture, electronics and computers, vehicles and cars.
Intangible assets: AMC renewal contracts, company website.
Facilities Overview
We operate from a 475 sqm facility comprising office space, workshop, storage, and warehouse areas, with a monthly rent of KWD 2,650. Additionally, we maintain a fleet of approximately 30–35 vehicles.
The facility is located in Shuwaikh.
Capitalization Overview
The business has been fully bootstrapped for the past 33 years, with no loans or bank credit. It is operated by two partners holding 75% and 25% equity respectively.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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4 Investors viewed this Business this week. Register below to connect now!
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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