Residential Real Estate Construction Businesses for Sale in Muscat

Integrated construction and engineering group based in Muscat, Sultanate of Oman, established in 2015. Residential and commercial projects, with villa construction generating most of the revenue. 54 active projects (on construction part) with a total contract value of about OMR 6.8 million, of which about OMR 4.0 million is still to be billed. Gross margin on the current portfolio is about 17.7%. Additional services: engineering consultancy, interior design, fit-out, decor and painting. Asset-light operating model: execution is carried out through subcontractors, with no in-house fleet, stores or direct labour. Diverse client base, from individual villa owners to commercial developers and consultancy offices. Registered with the Ministry of Defence and the Ministry of Housing, tender board first grade, excellent grade in Ministry of Commerce. Projected investor return at the asking price of OMR 2.8 million: IRR of about 27% over a 5-year hold, assuming resale at the purchase price and distribution of after-tax profit. Estimated payback of 3.7 years in the expected case. Detailed financial model available to serious buyers after an NDA.

Integrated construction and engineering group based in Muscat, Sultanate of Oman, established in 2015. Residential and commercial projects, with villa construction generating most of the revenue. 54 active projects (on construction part) with a total contract value of about OMR 6.8 million, of which about OMR 4.0 million is still to be billed. Gross margin on the current portfolio is about 17.7%. Additional services: engineering consultancy, interior design, fit-out, decor and painting. Asset-light operating model: execution is carried out through subcontractors, with no in-house fleet, stores or direct labour. Diverse client base, from individual villa owners to commercial developers and consultancy offices. Registered with the Ministry of Defence and the Ministry of Housing, tender board first grade, excellent grade in Ministry of Commerce. Projected investor return at the asking price of OMR 2.8 million: IRR of about 27% over a 5-year hold, assuming resale at the purchase price and distribution of after-tax profit. Estimated payback of 3.7 years in the expected case. Detailed financial model available to serious buyers after an NDA.