Newly Established Auto Repair and Service Company for Sale in Shuwaikh Industrial, Kuwait
Automotive service and retail business in Shuwaikh Industrial, Kuwait, seeking a full sale with assets.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 390 thousand |
| EBITDA Margin | Operating at loss |
| Industries | Auto Repair and Service |
| Locations | Shuwaikh Industrial |
| Local Time | 4:11 PM Asia / Kuwait |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
650 thousand
(Native Currency: KWD 200,000)
Reason: The owner is relocating from the country and is therefore looking to sell the business.
The valuati...
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Includes physical assets worth
USD
97 thousand
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Business Overview
- Automotive service and retail business located on Canada Dry Street, a main road in Shuwaikh Industrial, Kuwait.
- Provides a range of vehicle servicing and automotive retail services, catering to customers from across Kuwait.
- Handles approximately 30–35 customers per day.
- Core services include tire replacement, brake servicing, suspension works, wheel and steering alignment, and windshield replacement and repair.
- The business employs 7 people and is fully funded by the owner with no outstanding bank loans.
- The business has a business registration certificate.
- The last year annual revenue of the business is missing because the business operations were started this year.
- The high revenue is supported by the business’s 30–35 daily customers, high-volume automotive services, and retail sales despite having only 7 employees.
- Provides a range of vehicle servicing and automotive retail services, catering to customers from across Kuwait.
- Handles approximately 30–35 customers per day.
- Core services include tire replacement, brake servicing, suspension works, wheel and steering alignment, and windshield replacement and repair.
- The business employs 7 people and is fully funded by the owner with no outstanding bank loans.
- The business has a business registration certificate.
- The last year annual revenue of the business is missing because the business operations were started this year.
- The high revenue is supported by the business’s 30–35 daily customers, high-volume automotive services, and retail sales despite having only 7 employees.
Products & Services Overview
The best selling services are automotive servicing and tire-related services, including tire replacement, brake and suspension work, wheel alignment, and windshield services. The business serves customers from across Kuwait and receives approximately 30–35 customers per day.
Assets Overview
Tangible assets include tires and automotive machinery, with total physical assets valued at approximately KWD 30,000.Intangible assets include customer base.
Facilities Overview
The business operates from a large facility comprising 3 shutters, with a monthly rent of KWD 7,000.
Capitalization Overview
The business is solely owned and fully funded by the owner, with no outstanding loans or liabilities.
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