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MEP Construction Business Seeking Loan in Muscat, Oman

Leading contractor for electro-mechanical works in Oman with 3 major clients.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1 - 2 million
Run Rate Sales USD 600 thousand
EBITDA Margin 10 - 20 %
Industries MEP Construction
Locations  Muscat
Local Time 4:56 AM Asia / Muscat
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 900 thousand for 10.0% annual interest, 3 years (Native Currency: OMR 350,000)
Reason: Expansion of our services to Qatar, UAE, and Saudi Arabia.
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Company Profile
Business Overview

- Company specializes in MEP contracting services and equipment supply.

- Have fully equipped workshops, engineers, and technicians with skills.

- Our company has distributorship agreements with 8-10 major fuel equipment manufacturers and suppliers in Italy, Japan, and the USA.

- Have 3 major clients in Oman and we have another division in India that executes electro-mechanical projects for Indian clients.

- Our clients include Oman Oil Marketing Co, Al Maha Petroleum Product, and Shell Oman and we have executed over 200 projects since inception.

- The value of each project ranges from OMR 2,000 to OMR 20,000 depending on the size and requirement of the fuel stations.

- Our sales decreased due to the impact of COVID-19 which led to delays in the execution of contracts.

- Promoter has over 12 years of industry experience.

Products & Services Overview

Maintenance of fuel pumps, fuel piping, installation, and fuel equipment supply.

Assets Overview

Installation equipment, workshops, and mobile service vehicles.

Facilities Overview

Leased 3,000 sq ft office space and storage space of 7,000 sq ft.

Recent Activity
  • Earlier than 15 days
    Proprietor, Mumbai, Accounting Firm connected with the Business
  • Earlier than 15 days
    CEO, Curitiba, Financial Consultant connected with the Business
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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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