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.
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.
Assets Overview
Assets includes:
- Vehicles.
- Construction equipment.
- Generators.
- Painting & specialized coating machineries.
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
In talks with 3 Investors
Contact Business