Paint Factory Investment Opportunity in Ain Aar, Lebanon

- The company stopped generating revenue for 10 years.

- We had 35% of the local business paints in Lebanon and were rated No 1 locally and No 5 worldwide.

- Have supplied the products to over 1,000 clients local and worldwide.

- We have maintained on-the-job a group of qualified researchers whose main objective is to explore and develop techniques that ultimately should yield new brands of developed paint products to meet the challenging and volatile market demand.

- We can proudly say, that we have one of the most sophisticated and up-to-date technical laboratories established in Lebanon and the Middle East conducted by highly competent and credentialed chemists and technicians.

- We also would like to add that all our departments are connected to our fully-equipped E. D. P. centre where we can obtain, if need be, within seconds, any information and/or results covering all lab tests, operational reports, assets, inventory stock-taking, all accounting & statistical programs and personnel data records.

- Our main clients are major contracting companies, governmental institutions, and diplomatic representations in addition to various private firms.

- We are rated 5 stars internationally for quality.

- Used to generate 10 million USD with a return of 45% GOP when it was operational. Since all the assets are frozen, we are short of funds and not generating revenue since 2013.

Paints of 300 categories including 14 waterproofing products. With over 300 agents the company used to enjoy 35% of the local market and rated as no 1 in export.

Land area, heavy machinery in good condition, fully equipped laboratory, fir coatings, raw materials.

We are set on a plot of 2,000 sqm on 5 storey building (450 sq per floor). An R&D lab of 200 sqm with over 1 MUSD investment an EDP room. All software operations and administration of 6 people.

- Company has 1 director.

- We have been victims of frozen assets with banks estimated over 20 MUSD. Our liability according to BDL is nil. We have frozen receivables fir over 1 Musd.