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Solar Projects Company for Sale in Muscat, Oman

Electrical and solar EPC contractor (DCRP Grade A and S3) in Oman for 10 years.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 3.5 million
Run Rate Sales USD 3.74 million
EBITDA Margin Operating at loss
Industries Electric Construction + 1 more
Locations  Muscat
Local Time 4:53 PM Asia / Muscat
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 520 thousand (Native Currency: OMR 200,000)
Reason: Current owners acquired this 10-year old company prior to the pandemic in order to diversify their e... View More
Includes physical assets worth USD 130 thousand
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Business Overview
- Oman-based company with a complete team for grade A and solar (S3) electrical distribution EPC projects.
- Track record of successfully executing a variety of projects related to electrical & instrumentation, solar power.
- Good reputation amongst all leading public sector clients such as MEDC, Majan Electricity, Tanweer, Royal Court Affairs, and Royal Oman Police.
- Company is ISO 9001, 14001, 45001 certified.
- We primarily handle corporate and utility and commercial sector projects.
- Project duration varies from 1 month to 12 months and could cost up to USD 5 million.
- Majority of the revenue is from electric contract works followed by solar projects.
- Company has 2 partners with equal share distribution.
- The company has no outstanding bank loans. All invested funds have been put up by existing ownership.
- Have ongoing projects in hand with public entities (Nama Group)
- Ever since we took over the business 3 years back, the loss has reduced but we are still operating at loss at the moment.
Products & Services Overview
⮚ 33 / 11 kV substation and overhead line work.
⮚ Third-party inspection, testing and commissioning work.
⮚ Electrical & instrumentation projects.
⮚ Solar power projects.
Assets Overview
- Buyer would get an excellent base from which to invest and grow into the present and future electrical/solar growth of Oman.
- Skilled and qualified technical team that is already operating on live projects. Fully compatible with DCRP Grade A registration which is critical for applying for large scale distribution projects in the public sector.
- Certified for the next 3 years to bid for solar projects (S3 certificated - highest possible grade in Oman) and a track record of various completed solar projects. Tie up with a major European renewable energy company for design and supply chain support.
- Ongoing projects in hand with public entities (Nama Group)
- Registered on the vendor list for PDO, Royal Court Affairs, Ministry of Defence, Royal Oman Police.
Facilities Overview
Leased office space (350 sq meter) and 2 separate staff accommodations (one for senior staff, one for rest). We are on good/flexible terms with the respective landlords.
Capitalization Overview
The business has no loans and is personally funded by two partners who both have 50% share in the business.
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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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