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Newly Established Foundry for Sale in Jeddah, Saudi Arabia

Steel Billet producing business in Jeddah, Saudi Arabia with 6,000 tons monthly production capacity.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 50 - 100
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 36 million
EBITDA Margin 8 %
Industries Foundries
Locations  Jeddah
Local Time 7:07 AM Asia / Riyadh
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 8 million (Native Currency: USD 8,000,000)
Reason: The owner has other business to handle.
Includes physical assets worth USD 5.7 million
Interested to connect with advisors
Documents
Factory image
Industrial License
License
Business Document
Business Overview
- Billet steel-producing plant in Jeddah, Saudi Arabia.
- We get orders from customers for producing steel billet and.
- Currently served 43 customers so far.
- The production capacity is 6,000 tons per month and the selling price of each billet is USD 520 per ton.
- The work is done in 2 shifts and in each shift, there are 30 workers, which is why we are able to generate high revenue with 62 employees.
- Having an industrial facility license.
Products & Services Overview
- Our products include steel billet of 6m length.
- We supply the steel billet to rolling mill factories.
Assets Overview
The assets include:
- Furnace of 20 tons.
- CCM 2- strand.
- Overhead cranes.
- Trolley for charging.
- Furniture and fixtures.
Facilities Overview
Rented land of 15,000 square meter and area of hanger is around 2,000 square meter.
- The annual rent is USD 72,000.
Capitalization Overview
- There is only one owner in the business.
- There are no loans or debts in the business.
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Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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