Profitable MEP Construction Business Seeking Loan in Al Jubail, Saudi Arabia

- The company is in the business of providing mechanical accessories and equipment to chemical manufacturing companies and oil & gas refinery companies.

- The business operates on a contract basis and all its clientele is of government refineries and manufacturing units.

- The business has 23 clients in the chemical manufacturing industry and 4 clients in the oil & gas refinery plants.

- We receive around 500-600 orders on a monthly basis.

- The average order value for an item is around SAR 3,000.

- The ales have considerably increased due to the contract renewal with the government which happened very recently.

- The business has both local and foreign vendors who provide them with the necessary equipment. We have more than 100 vendors.

Mechanical equipment and other accessories that a plant would require.

Physical assets include 11 vehicles owned by the business.

We are located near King Khalid school in Al Jubail. Rent of SAR 23k is paid quarterly and we occupy 2 floors.

Solo proprietor business, CR government invest of SAR 500K plus an operational investment of SAR 3.5m.

Outstanding loan of SAR 1.5m, and car lease loan of SAR 750k.