Business Overview
- ISO-certified MEP company that has achieved more than QAR 10 million in turnover.
- We have a sound and satisfied client base, with active projects.
- The sales have dropped because we have completed the projects and are looking forward to signing new contracts.
- We have completed around 15 projects to date.
- The business has 4 active projects out of which 2 projects are in the final stage.
- The promotor has 15+ years of experience in this industry.
- We receive 80% of the payment in advance and the rest 20% once the project is completed.
- The average duration of a project is from 6 months to 1 year.
- The business takes on only private projects and does not take government contracts.
Products & Services Overview
HVAC, fire fighting, plumbing works, fire alarm, home automation, electrical works, smart toilet trading, facility management, and services.
Capitalization Overview
Outstanding receivables of QAR 1.6 Million, payable to suppliers & QAR 800k payable to subcontractors. No bank loan, and no other debts. There are 3 shareholders in the business.
Assets Overview
Vehicles, MEP machinery, power tools, and other materials worth QAR 600k.
Partial Stake Sale
USD
550 thousand
for
51.0%
stake
(Native Currency: QAR 2,000,000)
Reason:
The business is looking to expand and maintain positive cash flow. The investment we are seeking is ...
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Includes physical assets worth
USD
160 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business