7.8 / 10
 Al Khobar

Electrical construction business with an experience of 46 years for sale.

Key Business Facts
Yearly Sales USD 2.24 million
EBIDTA Margin 20 - 30 %
Industries Electric Construction
Locations  Al Khobar
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... View More
Includes physical assets worth USD 160 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business or Enquire on WhatsApp