Building, Construction and Maintenance Businesses for Sale and Investment Opportunities in Saudi Arabia

In 1999, Gerhard Kolflaath, the founder of Vabene, developed the concept in Sweden and Italy, Vabene’s mission was simple; to bridge the gap between Italian quality manufacturers and the Swedish market. Vabene has been developed in close cooperation with Italian producers and supplies products wherever Vabene established itself. Initial production began in two factories serving kitchens and bathrooms. Vabene has now expanded worldwide working as a single-source turnkey supplier for all your Italian interior products and services in one convenient location, with 28 affiliated factories. Our representation of strong Italian producers, some of which have been operating for over 50 years, gives us a commanding position in the market. The Vabene brand today consists of two concepts: Vabene Casa, the flagship store that retails: Kitchen, Bath and furniture but also a range of design services. Vabene casa is generally around 800-1000 Sq. M. the second brand in the portfolio is Vabene itself which concentrates on kitchen and bathroom space requirements 300-500 Sq. M. Our customers beyond end-consumers include: Interior designers, Architects, fit-out companies and property developers, and the suppliers within the Vabene network are geared for large projects such as Hotels, Large mansions and large residential projects. In terms of positioning, Hacker is the brand that price-wise comes closest to Vabene, but Vabene has a larger range. Vabene is a no-royalty franchise model, with high margins and great expansion potential. No stock is maintained as the products are all produced based on customer requirements. The projected figures have been achieved in the other stores currently operating for the business & the same is expected to be replicated in the franchises as well. I am an advisor for the business but will not charge any success or upfront fee.

- The company specializes in general construction and building maintenance & renovation services for Saudi Aramco and its affiliates. - Committed to delivering high-quality services while adhering to the ISO 9001:2008 Quality Management System and ISO 45001:2018 Occupational Health & Safety Management System standards, accredited by the BV. - The company has a strong reputation for its work on Saudi Aramco projects. - Over the years, we transitioned from subcontractor to a qualified contractor, with direct projects worth 28 million SAR from Saudi Aramco and its affiliates. - The management team consists of experienced individuals who have previously worked with class A contractors in Saudi Arabia. Government approvals: Monsha’at (SME): (approved) License Balady: (approved) License Slama: (approved) High Commission for Industrial Security (hcis): (approved) Certifications/accreditations: 1. Quality Management System (ISO 9001) – By BV: (Certified) 2. Health and Safety Management System (ISO 45001) – By BV: (Certified)

- Currently have good relationships with various industries in the Eastern Region of Saudi Arabia. - Our top clients: Alapco Aluminium Factory, SIDCO Chemical Factory, SRACO, United Chemical Company, Al Razi Pharma, Hagbani Clothing Factory, Al Zamil Steel, Takniah Factory, Elad Hotel, Kablat Alsharqia Factory, SPDF Powder Factory, SAF Saudi Factory, and more. - Majority of the revenue is generated by the construction vertical. -The regulatory approvals/certificates required for this industry are attached to the profile. - Have completed 11 projects to date and have 4 ongoing projects.

Design Spot Decor Cont LLC, UAE is a metal fabrication and contractor business established 17 years ago. We do very high-quality custom-made metal decorations for prestigious projects. We have executed decorative metal works in projects such as: - Presidential Palace, Qasr Al Watan Abu Dhabi. - St. Regis Hotel, Abu Dhabi & Dubai. - Park Hayat Hotel, Abu Dhabi. - Louvre Museum, Abu Dhabi. - Royal M 5-Star Resort at Dibba, Fujeirah, - Sheikh Khalifa Palace. - Bluewater Island, Ain Dubai. - Etihad Museum, Dubai. - Abu Dhabi Airport. - Meydan City. - Dubai Mall. Recently we have been getting work enquiries from Saudi Arabia. A very big International company in Saudi Arabia already approved us and added us to their vendor sub-contractor list. The owner is 60 years old and due to their old age, the business owner is not in a position to start a new company in Saudi Arabia and thus wants to franchise their business. Saudi Arabia has very big business opportunities and our type of work is in high demand and the competition is very low.

- The business has goodwill and a brand name of 46 years. - We are seeking an investor to take over and continue with all assets, tools and equipment, and office system. - The management member who is representing the profile on the platform is in India. - The business has worked with 20-30 clients. - The time duration of a contract depends on the specific requirements. It can range from 1 to 6 years. - Due to Covid, the business worked on only 1 project last year. This is the reason for the reduced reported sales for the last year. - Company is approved for Aramco and many others.

- The company is in the business of providing mechanical accessories and equipment to chemical manufacturing companies and oil & gas refinery companies. - The business operates on a contract basis and all its clientele is of government refineries and manufacturing units. - The business has 23 clients in the chemical manufacturing industry and 4 clients in the oil & gas refinery plants. - We receive around 500-600 orders on a monthly basis. - The average order value for an item is around SAR 3,000. - The ales have considerably increased due to the contract renewal with the government which happened very recently. - The business has both local and foreign vendors who provide them with the necessary equipment. We have more than 100 vendors.

- The company was established 8 years ago. - The managing partner is of Lebanese nationality with 14 years experience in aerated concrete (7 years as commercial director for an aerated concrete factory, and 7 years managing the contracting company installing aerated concrete products). - Specialized in building systems of precast aerated concrete. - Affiliated with 3 factories that produce aerated concrete in Riyadh, Dammam, and Jubail. - Successfully completed 800 villas in the past 3 years and have 2 ongoing projects. - One of very few companies in KSA specialized in this building system. - Have a very good reputation with developers in executing projects.

- Established construction and contracting company that has been running for 4 decades. - Have completed more than 40 large scale development projects till date. - Have done general development contracting services for Saudi Aramco in the past. - At present we do not have any state projects due to the global disaster so we plan to work on new projects. - We have 3 large pieces of land to take on large projects. - We have signed a contract with a construction equipment company in China to develop a factory, have plans to develop a skyscraper and to work on the largest electric car factory in the world. - Sales have dropped due to fewer orders and projects.