Profitable Electric Construction Company for Sale in Al Khobar, Saudi Arabia
|Employees||50 - 100|
|Legal Entity||Limited Liability Company (LLC)|
|Reported Sales||USD 700 - 800 thousand|
|Run Rate Sales||USD 2.2 million|
|EBITDA Margin||20 - 30 %|
|Local Time||3:14 PM Asia / Kolkata|
|Listed By||Management Member|
- The business has goodwill and a brand name of 46 years.
- We are seeking an investor to take over and continue with all assets, tools and equipment, and office system.
- The management member who is representing the profile on the platform is in India.
- The business has worked with 20-30 clients.
- The time duration of a contract depends on the specific requirements. It can range from 1 to 6 years.
- Due to Covid, the business worked on only 1 project last year. This is the reason for the reduced reported sales for the last year.
- Company is approved for Aramco and many others.
We deal in electric construction including electrical and low-current systems like fire alarms, firefighting, access control, etc.
Physical assets include tools equipment, and all movable assets including office systems, and vehicles.
Office facility on a two-floor bldg existing on rental and rented staff quarters in the east of the city.
No loans and encumbrances. Invested by a Saudi sponsor and managed by an American national who is a master of electrical engineering from the American University Beirut. The business has 1 owner.
3 days, 5 hours agoCIO & MD, Development And Investment, Manama, Corporate Investor / Buyer connected with the Business
1 week, 1 day agoChairman & Owner, Holding Company, London, Corporate Investor / Buyer connected with the Business
1 week, 5 days agoManaging Partner, Construction, Kuwait City, Corporate Investor / Buyer connected with the Business