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Profitable Oil Services Company Seeking Loan in Doha, Qatar

Newly established engineering facility supporting repair and overhauling of rotating & static equipment in Qatar.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 200 thousand
EBITDA Margin 30 - 40 %
Industries Oil Services
Locations  Doha
Local Time 4:22 PM Asia / Qatar
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 270 thousand for 9.0% annual interest, 3 years (Native Currency: QAR 1,000,000)
Reason: Business development & stability purpose.
Collateral Available: USD 140 thousand
Includes physical assets worth USD 80 thousand
Interested to connect with advisors
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Business Name
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Business Overview

Currently has 25 clients and being new startup company we constantly keep our client increasing day by day.

The company has two partners.

One of them has more than a decade of experience working in a similar industry.

The company has not taken any loans currently.

Products & Services Overview

Brief service offered:

All types of machining work.

All types of fabrication work.

Onsite welding work.

Onsite drilling & tapping, bolt torque & tensing.

Pickling & Passivisation.

Repair, service, and refurbishment of pumps, valves, actuators, blowers, gearbox, mechanical seal & heat exchanger.

Reverse engineering of OEM parts – Impeller, shaft, sleeve, bush, rotor, stator, and mechanical seals, etc.

Cathodic protection system – supply, installation, and inspection at the site (TCP, ICPP, parallel sim, surge protection & survey)

Anodes supply.

Corrosion protection coating material.

Pneumatic & hydraulic – hose and fittings.

Valves & actuator – sales, repair, and calibration works.

Positive displacement pumps & spares – Reverse engineering, repair, service, and site inspection and installation – agent of PROFIK pumps.

Expansion joint – fabric & metallic – new supply & repair activities – agent of Edgeflex.

Gaskets & packing material - agent of Inmarco for Qatar Market.

Dewatering, slurry & centrifugal for all types of applications – agent of TFT brand pumps for the Qatar market.

Assets Overview

Lathe - 05 nos.

Milling - 02 nos.

Boring - 01 no.

Surface grinding - 01 no.

Ban saw - 01 no.

ARC welding machine - 02 nos.

Cutting machine - 02 nos.

Measuring tools, machining tooling.

Facilities Overview

We have a facility with a total area of 1,000 sq. m with a built-up area of 700 sq. m on a rental basis including employees accommodation.

Capitalization Overview

Personal funding.

PO received - QAR 140k+.

2 owners with 50% each.

The company has not taken any loans currently.

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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