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Profitable MEP Construction Business Seeking Loan in Al Jubail, Saudi Arabia

Electromechanical company that has 27 government-affiliated clients and receives 600+ orders in a month.
This transaction has concluded.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2 - 3 million
Run Rate Sales USD 8 million
EBITDA Margin 30 - 40 %
Industries MEP Construction
Locations  Al Jubail
Local Time 11:47 AM Asia / Riyadh
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 670 thousand for 25.0% annual interest, 2 years (Native Currency: SAR 2,500,000)
Reason: We have a new project that we must integrate into our business operations, and because it is profita... View More
Collateral Available: USD 133 thousand
Includes physical assets worth USD 223 thousand
Interested to connect with advisors
Documents
Business Overview
- The company is in the business of providing mechanical accessories and equipment to chemical manufacturing companies and oil & gas refinery companies.
- The business operates on a contract basis and all its clientele is of government refineries and manufacturing units.
- The business has 23 clients in the chemical manufacturing industry and 4 clients in the oil & gas refinery plants.
- We receive around 500-600 orders on a monthly basis.
- The average order value for an item is around SAR 3,000.
- The ales have considerably increased due to the contract renewal with the government which happened very recently.
- The business has both local and foreign vendors who provide them with the necessary equipment. We have more than 100 vendors.
Products & Services Overview
Mechanical equipment and other accessories that a plant would require.
Assets Overview
Physical assets include 11 vehicles owned by the business.
Facilities Overview
We are located near King Khalid school in Al Jubail. Rent of SAR 23k is paid quarterly and we occupy 2 floors.
Capitalization Overview
Solo proprietor business, CR government invest of SAR 500K plus an operational investment of SAR 3.5m.
Outstanding loan of SAR 1.5m, and car lease loan of SAR 750k.
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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