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Switchgear Company for Sale in Manama, Bahrain

Manufacturing of reputed brands of low voltage switchgear, panel board.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.72 million
Run Rate Sales USD 1.75 million
EBITDA Margin 28 %
Industries Switchgear
Locations  Manama
Local Time 1:58 AM Asia / Bahrain
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 17.2 million (Native Currency: BHD 6,500,000)
Reason: The owner has another business he wants to focus on.
Includes physical assets worth USD 2.26 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
Manufacturer and supplier of electrical equipment like low voltage switchgear and panel boards. Our factory is located in a prime location, newly equipped modern facility.
We have over 200 clients/contractors locally and in GCC, and have executed some of the most prestigious projects in the kingdom.
Owned business with no debts and liabilities, our yearly average revenue fluctuates between BHD 650-720k.
The total installed capacity can generate an annual revenue of BHD 2 million if we run 3 shifts. Right now we run only 1 shift. We have a high employee efficiency because of which each employee generates high revenue, there are 25 dedicated and skilled manpower in 4 different departments.
The business is ISO 9001:2015 Certified and also has a VAT Certificate.
Products & Services Overview
We manufacture panel boards, distribution, MCC panels, control, main panels, capacitor banks all low voltage switchgear panels for residential, industrial and commercial.
Our top selling products are low voltage switchgear.
As of today, our company has been able to serve almost 200 notable projects across the country. These prestigious projects include but are not limited.
To Souq Al Baraha Project, Sukoon Tower, 36 Storey Building at Naim, 101 Villa Housing Project, Manama Old Souq, Marassi Al Bahrain Mall, US NAVY Project, BAPCO Project. Being in the industry for almost 2 decades, we have established a strong business relationship with well-known contractors, consultants and firms.
Assets Overview
Complete facility includes manpower, building, all assets, inventory, brand licenses.
The tangible assets include:
- Production equipment worth BHD 400 thousand.
- Raw material, and product inventory are worth BHD 470 thousand.
- Cars and miscellaneous assets worth BHD 15 thousand.
The total value of these assets is BHD 885 thousand however, the business is being offered for sale at a discounted valuation of BHD 850 thousand.
Facilities Overview
The facility has a total area of 2,200 sq. m with a built-up area of 1,640 sq. m. This is a huge storage area of 1,640 m2 with 1.5 tonne/sq. m weight capacity. The production area is air-conditioned, the ground floor has offices and the mezzanine has huge floor offices as well. We pay only BHD 1/sq. m in yearly fees, 17 years lease on the lease are left and it is renewable for another 25 years.
The facility is in a prime location close to the harbor in Manama.
Capitalization Overview
No debts on the business, currently no loan in the business owned by shareholders with the majority of almost 50% to the authorized owner running the business.
Recent Activity
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3 Buyers contacted this Business this month. Register below to connect now!
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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