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MEP Construction Company for Sale in Al Khobar, Saudi Arabia

Industrial construction and maintenance contractor with projects (Aramco & Acwa power) worth SAR 52 million.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 4 million
Run Rate Sales USD 12 million
EBITDA Margin 20 - 30 %
Industries MEP Construction
Locations  Al Khobar
Local Time 7:47 PM Asia / Riyadh
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 6.7 million (Native Currency: SAR 25,000,000)
Reason: The owner has other businesses and hence cannot dedicate time to this. The valuation is based on our... View More
Includes physical assets worth USD 3.2 million
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Introduction
Profile Index
Company Profile
Business Overview

- 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)

Products & Services Overview

Specialized services offered:

1. Industrial buildings: Construction of industrial buildings, offices, workshops, pre-engineered buildings, electrical substations, security gates, and fencing works.

2. Building maintenance services: Major maintenance, repair, and renovation of residential and office buildings, as well as industrial facilities. Installation, maintenance, and repair of HVAC systems, fire alarm, fire protection, CCTV surveillance, access control, telecommunication, low current and electrical works, smart lighting control, street lighting, plumbing network, and light fabrication works.

3. Plant & utilities maintenance services: Includes basic replacement, revamping, upgrading, mechanical, piping, electrical services, and external civil works for plant and utilities.

Serving clients such as Saudi Aramco, John Hopkins Aramco Healthcare, Acwa Power, Sabic, and Marafiq.

Assets Overview

1. Land - 10,000 SQM fully furnished for 300 people with store and warehouse worth around SAR 8 million.

2. Equipment and Vehicles 26 EA.

3. Tools and assets worth around SAR 6 million.

Facilities Overview

We have a 10,000 SQM yard facility with accommodation for 300 people, warehouse and store facilities.

The locality is Al Khobar.

Capitalization Overview

The projects are funded by a bank facility with SNB.

A sole shareholder with a 100% stake.

Loans outstanding are SAR 875,000 with SNB. The loan will not be transferred to the new buyer.

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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