Lower Middle Market Electric Construction Businesses for Sale

- 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.

- Company was initially established 10 years ago in Doha, Qatar. - Company specializes in construction activities in the power plant sector, transmission & distribution substations, and buildings & infrastructures solutions for the power sector. - Over the years the company has achieved consistent growth in business due to our proven strength in providing specialized services and quality assurance with our highly dedicated manpower. - We are supported by experienced professionals, precision tools and tackles, and specialized Installation of EHV & HV substation testing equipment in line with state-of-the-art technology. This enables us to provide the best services with absolute customer satisfaction. - Working throughout the State of Qatar, the company presently employs over 10 qualified, engineering and technical personnel on a full-time, management and administrative staff are in addition employed to support the office-related functions. - Further additional personnel could be mobilized within a short period as required to meet specific project requirements and/or peak work period demands. - Our sales have increased due to an increase in the number of projects. - Currently have 5 projects ongoing and have completed 60+ projects.

- Oman-based company with a complete team for grade A and solar (S3) electrical distribution EPC projects. - Track record of successfully executing a variety of projects related to electrical & instrumentation, solar power. - Good reputation amongst all leading public sector clients such as MEDC, Majan Electricity, Tanweer, Royal Court Affairs, and Royal Oman Police. - Company is ISO 9001, 14001, 45001 certified. - We primarily handle corporate and utility and commercial sector projects. - Project duration varies from 1 month to 12 months and could cost up to USD 5 million. - Majority of the revenue is from electric contract works followed by solar projects. - Company has 2 partners with equal share distribution. - The company has no outstanding bank loans. All invested funds have been put up by existing ownership. - Have ongoing projects in hand with public entities (Nama Group) - Ever since we took over the business 3 years back, the loss has reduced but we are still operating at loss at the moment.