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Oil Services Company Investment Opportunity in Kuwait City, Kuwait

Construction and oil & gas subcontracting business with major government projects offering stake for expansion.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 2 - 3 million
Run Rate Sales USD 2.5 million
EBITDA Margin 20 - 30 %
Industries Oil Services
Locations  Kuwait City
Local Time 6:58 AM Asia / Kuwait
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.1 million for 49.0% stake (Native Currency: KWD 350,000)
Reason: Investment is required for business expansion, funding for new contracts and upcoming projects.
Includes physical assets worth USD 500 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Trade License
CTC Registration
Business Overview

- Business in construction and oil & gas based in Kuwait.

- We are subcontractors undertaking a range of construction and oil & gas projects from prime contractors.

- We have done many government projects in Kuwait.

- We supply materials like oil & gas spare parts.

- We are also a leading provider of construction equipment rental and sales in Kuwait.

- There are upcoming projects for which we require investment, however stake is offered in the entire business.

- We hire contract workers as per the requirements of the project.

- The business has the contracting and the construction license.

Products & Services Overview

- We are subcontractors undertaking construction and oil & gas projects.

- In oil and gas industry, we offer a range of services for rigs, feed pipeline projects, and refinery projects.

- EPC contracts.

- General contracting for buildings.

- Maintenance projects.

- Engineering & specialized coating services.

- Construction Manpower and material supplies.

- We supply materials like oil & gas spare parts.

- We have done government projects.

Assets Overview

Assets includes:

- Vehicles.

- Construction equipment.

- Generators.

- Painting & specialized coating machineries.

Facilities Overview

Office space in sharq, warehouse with equipments in Julia.

Capitalization Overview

- The business is self funded with a paid up capital of KWD 1 million.

- There are 2 shareholders for legal purposes but 100% ownership is with the owner.

- No debts and outstanding loans.

- Very healthy outstanding payments against receivables. Have payments receivables of ~ KWD 300k.

- Stake is being offered to fund the new and upcoming projects.

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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