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Road Construction Company Seeking Loan in Farwaniya, Kuwait

Family-owned trading and contracting company in Kuwait with large government contracts, seeking funding for projects.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 300 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 15 %
Industries Building Contractors + 1 more
Locations  Farwaniya
Local Time 12:36 PM Asia / Kuwait
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 5 million for 8.0% annual interest, 3 years (Native Currency: USD 5,000,000)
Reason: Seeking investment to take up larger government projects. The business will repay the loan using pe... View More
Collateral Available: USD 0
Includes physical assets worth USD 500 thousand
Documents
Business License
Business Overview
- Established family-owned general trading and contracting company based in Farwaniya, specializing in heavy and civil engineering, and highway, street, and bridge construction.
- The company primarily engages with government contracts, constituting 80% of its business, indicating stable and potentially high-margin revenue streams.
- While having a robust client base, the business's current primary work is subcontracted from other contracting companies, showcasing potential for direct contract growth with adequate capital.
- Prior to the Corona pandemic, the business was engaged in 2 projects per year but it has dropped to 1 major project per year.
- Engaged in the import of construction materials from Spain, aligning with the company's general trading and contracting license.
- The business has large, profitable tender opportunities, and currently seeks additional financial resources to capitalize fully on these contracts.
Products & Services Overview
- Offers a range of services including highway, street, and bridge construction, heavy and civil engineering, and general contracting.
- The primary clients are government agencies, accounting for 80% of their business through large-scale contracts and also engage in securities and commodity contracts intermediation and brokerage, facilitating the trade of construction materials for use in their contracted projects.
- The business serves as both a contractor and a trading intermediary, supporting the infrastructure and construction sectors.
Assets Overview
Physical assets include the inventory and building equipment currently owned.
Facilities Overview
Operating from a rented office facility located in Habib Munawer Street Farwaniya.
Capitalization Overview
Self-funded.
No outstanding loans.
There are 2 shareholders with the promoter holding 99% shares.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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