Switchgear Company Investment Opportunity in Manama, Bahrain

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. Being in the industry for almost 2 decades, we have established a strong business relationship with well-known contractors, consultants and firms. 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 650 thousand. 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. 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.