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.
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.
Assets Overview
Physical assets include tools equipment, and all movable assets including office systems, and vehicles.
Full Sale
Asking Price:
USD
333 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...
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Includes physical assets worth
USD
160 thousand
Interested to connect with advisors
In talks with 3 Investors