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IT Infrastructure Business Seeking Loan in Al Khobar, Saudi Arabia

Customized software and IT services seeking partnership investment to enhance market reach.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 800 thousand
Run Rate Sales USD 480 thousand
EBITDA Margin 25 %
Industries Custom Application Development + 1 more
Locations  Al Khobar
Local Time 4:18 PM Asia / Riyadh
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 267 thousand for 10.0% annual interest, 1 year (Native Currency: SAR 1,000,000)
Reason: The business is seeking a strategic investment partner to support the execution of confirmed and upc... View More
Collateral Available: USD 26.7 thousand
Includes physical assets worth USD 53 thousand
Interested to connect with advisors
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Business Overview
- The business is based in Al Khobar and specializes in providing a comprehensive range of IT services and customized software applications tailored to meet the unique needs of clients in multiple industries.

- Key products include E-permit and CCTV projects, which are essential for security and compliance, utilized by notable organizations such as Tamimi, ABR Contracting, Qiddiya, Worley, KBR, Maaden, and EI-Seif.

- The business offers customized software solutions, including Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Human Resource Management (HR), and Document Management systems, ensuring optimized operational efficiency for its B2B clients.

- Additional services encompass professional IT solutions, such as web portal creation, e-commerce platforms, and UI/UX design, backed by robust quality assurance and ongoing application support.

- Along with IT solutions, the company provides contracting and civil work services, including comprehensive infrastructure, electrical, and IT civil works for both commercial and industrial projects, enhancing total service offerings.

- With a skilled team of 5 employees, including project managers, engineers, and technicians, the company emphasizes technical and engineering services as well as fire protection and electromechanical (MEP) services.

- The business adopts a B2B revenue model, with an average project ticket size of around 2 million, and has completed 7 projects, establishing a solid track record in the industry.

- With 28 years of industry experience, the owner provides strategic direction and deep expertise in IT solutions, contributing to the company’s reputation for reliability and quality service delivery.

- The drop in run-rate sales is due to work on new technology for further business expansion.

- The business is fully registered and holds a valid company registration certificate along with all necessary regulatory compliances.
Products & Services Overview
E-permit and CCTV projects are the top-selling products of the business, and these are used by Tamimi, ABR contracting, Qiddiya, Woreley, KBR, Maaden, EI-Seif etc. ,
Assets Overview
- Tangible assets include office furniture, computers, laptops, and 2 servers.

- Intangible assets include the company registration certificate.
Facilities Overview
One office with a meeting room on a lease-based contract. We pay an annual rent of SAR 20,000.
Capitalization Overview
A semi-government project funded by the.
KSA government. There are no outstanding loans or debts.
The business has one shareholder with 100% ownership.
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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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