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Specialized Cleaning Company Investment Opportunity in Riyadh, Saudi Arabia

Industrial pipeline maintenance and general maintenance for industrial facility buildings.

Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 500 - 600 thousand
Run Rate Sales USD 640 thousand
EBITDA Margin 20 - 30 %
Industries Specialized Cleaning
Locations  Riyadh
Local Time 10:29 AM Asia / Riyadh
Listed By Management Member
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 210 thousand for 40.0% stake (Native Currency: SAR 800,000)
Reason: - The company is planning to establish a new commercial registration with an investor. - The purpos... View More
Includes physical assets worth USD 1.1 million
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Business Overview

- The firm's main and biggest clients are SABIC, Aramco, Jubail Desalination Plant, and others.

- Are exclusive in the eastern province in the fabrication of spare parts and cold welding for the maintenance of pipelines.

- Employees have been with the firm for a long time and they are highly skilled and are more than capable of handling large projects.

- Revenue from a small project is around SAR 50k, and for a bigger project, it is around SAR 1M.

- Currently have many ongoing projects.

Products & Services Overview

- On-line Cold welding and bolt tensioning for oil and chemical pipelines at Jubail Industrial City and Aramco facilities along with Fabrication items of the metal to repair the pipelines.

- Maintenance of the fire system, high voltage electrical and AC for the industrial facilities, and general maintenance services.

Assets Overview

10 cars.

More than 50 pieces of equipment such as welding machines, punch machines, drills, scaffolders, isolation valves, etc.

Facilities Overview

The company has workshops in Jubail and Yanbu Industrial cities to fabricate the metal to service its clients.

The Head office is in Al Khobar City.

Capitalization Overview

- One single owner.

- No outstanding loans.

- The main source of funding is the projects that the company takes on.

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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