HVAC Equity Stake For Sale in Muscat, Oman

The top-selling services include EPC contracts and MEP solutions for both government and non-government clients. Tangible assets:
- Company-owned commercial building generating rental income.
- Construction plant and machinery (JCBs, loaders, compactors, scaffolding, tools)
- Vehicles (trucks and staff vehicles)
- Worker accommodation camps, porta cabins, workshops, and storage facilities.
- Office furniture, IT equipment, and site infrastructure.

Intangible assets:
- Government and PSU registrations (PDO, Ministries, Royal Guard, etc. )
- LLC entity with ISO 9001 certification.
- Long-standing client relationships and repeat contracts.
- Established vendor and subcontractor network.
- Skilled manpower and management team. - The company owns and operates from its own commercial building with a total built-up area of approximately 3,620 sqm, out of which 2,910 sqm is leasable area, spread across basement, ground floor, mezzanine, three upper floors, and a penthouse.
- The basement floor is currently leased to a Bank, which has already commenced operations and pays annual rent in advance.
- The first, second, and third floors are available and in discussion with the bank and other corporate tenants for additional leasing.
- The building generates stable rental income and also serves as a strategic asset for financing, refinancing, or exit. - The business is currently funded through a combination of promoter equity, internal accruals, and bank facilities.
- The company has working capital and project-specific banking facilities with Bank Dhofar.
- A term loan exists against the commercial building, with an outstanding balance of approximately OMR 143,978, scheduled.
- All repayments have been made on time, including during the COVID period.
- Apart from normal trade payables linked to ongoing projects, there is no stress or default on any financial obligations.
- The company currently has two shareholders, and the proposed transaction includes a complete buyout of one existing shareholder as part of succession and retirement planning.