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Testing, Inspection & Certification Company Investment Opportunity in Kuwait City, Kuwait

For Sale: Kuwait-based inspection, training, and certification company with a worldwide vendor inspection network.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 195 thousand
EBITDA Margin 20 - 30 %
Industries Testing, Inspection & Certification
Locations  Kuwait City
Local Time 8:18 PM Asia / Kuwait
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 244 thousand for 90.0% stake (Native Currency: KWD 75,000)
Reason: The sole owner with 40% ownership is leaving Kuwait and settling back in India, due to attaining ret... View More
Includes physical assets worth USD 8.1 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
CQI-IRCA
IACET USA
GAC- (17020)
EFQM
ISO9001
ISO 45001
NEBOSH
KPC Approval
Business Overview
- Inspection, training, and certification business based in Kuwait.
- The business also provides training and certification services, but its major source of revenue is quality verification and worldwide vendor inspection. We have active ongoing inspection assignments in China, Qatar, UAE, India, and Italy.
- This can grow Rapidly. More than KD 100 million projects awarded - a target market for inspection of valves, and pipes in India, Italy, China, and Qatar.
- Our clients include service providers seeking ISO certifications and persons seeking NEBOSH and QMS training and certification. Few leading organizations' certifications in Kuwait will continue.
- Support shall be available for 2 years for managing audits.
- We are one of the few companies to offer NEBOSH IGC training as an 'Accredited Learning Partner' in Kuwait. Great potential to expand. Virtual /In-person approval achieved. Training hall audiovisual. excellent Tutors are readily available.
- Due to Covid, the business volume dropped significantly. However, at its peak, the company performed great business with almost KWD 250,000.
- We are a debt-free and litigation-free company.
- The company has three shareholders in a 60:30:10 shareholding split.
- The Kuwaiti partner owns 60% but is not entitled to any profits. They are only paid a fixed monthly fee.
- The CEO of the company has 30 years of experience in this field. Support will continue for 1-year minimum based on needs.
- They personally own 30% of the business and another 10% through an American entity TCB Cert Worldwide LLC.
- There is a great potential to grow the business with marketing resources and reach a pre-Covid turnover of KD 200,000-250,000/year and more.
- Can significantly contribute to National Engineers development program in the field of quality, health safety & environment.
- Our international accreditation keeps us ahead of others and takes us into the most elite league of world-class organizations in the business for 200 years. This includes IACET USA, CQI/IRCA UK, and NEBOSH -UK.
- Our strength comes from our world-class accreditation that makes our training and certification most credible and recognized in the world.
- We can offer all training exclusively in Kuwait with approval/accreditation. Worldwide in a franchise model and operate under the certification norm of its accreditation bodies.
- Certification/accreditation norm for accredited management system certification shall continue. Support shall be available from outgoing partners.
Inspection can be exclusively promoted and offered within Kuwait and worldwide.
- If required - GAC accreditation can be regained at an agreed cost within 2-3 Months.
- The company shall have the right to use the logo and branding exclusively for Kuwait jurisdiction and can not open offers branches outside Kuwait.
- We shall retain 10% of company shares for allowing the use of the logo and group identity.
Products & Services Overview
We offer third-party inspection services in Kuwait and worldwide with a network of 20 countries in the world.
We have a poll of highly competent and reliable inspectors.
We maintained ISO 17020:2012 accreditation from GAC, Saudi Arabia, The National Accreditation Body of GCC Countries. Discontinued during Covid.
Training in welding and Painting Inspection;
Management system certification (ISO 9001, ISO 14001, ISO 45001)
We offer highly demanded CQI/IRCA approved ISO 9001:2015 lead auditor course, OH&S ISO 45001:2018 Lead Auditor course.
NEBOSH IGC as an Accredited Learning Partner.
We are the sole candidate supply agent of TWI and organize welding inspector CSWIP 3.1, Senior Welding Inspector 3.2, and, BGAS Training,
ISO 9001, ISO 14001, and ISO 45001 assessment and certification in partnership with an RVA (NABAB accredited certification body), and a network of inspectors and strategic partners/Inspectors can be accessed and used for all international inspection orders.
Assets Overview
The physical assets include office equipment and computers.
Our primary asset is our workforce and goodwill.
Facilities Overview
We operate from a rented office in Kuwait City.
Our engineers work around the globe to certify our clients.
Capitalization Overview
Not Disclosed
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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