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Profitable Electric Construction Company for Sale in Al Khobar, Saudi Arabia

Electrical construction business with an experience of 46 years for sale.
This Business is on a Premium Plan
Established 50-60 year(s)
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 %
Industries Electric Construction
Locations  Al Khobar
Local Time 9:29 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 330 thousand (Native Currency: SAR 1,250,000)
Reason: Managing director settling back to the USA. The valuation is attractive as we are looking for a quic... View More
Includes physical assets worth USD 160 thousand
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Business Overview

- 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.

Products & Services Overview

We deal in electric construction including electrical and low-current systems like fire alarms, firefighting, access control, etc.

Assets Overview

Physical assets include tools equipment, and all movable assets including office systems, and vehicles.

Facilities Overview

Office facility on a two-floor bldg existing on rental and rented staff quarters in the east of the city.

Capitalization Overview

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.

Recent Activity
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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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