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Waste Management Business for Sale in Kuwait City, Kuwait

Waste management servicing over 200 clients in all areas of Kuwait.

Established 30-40 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 650 thousand
Run Rate Sales USD 780 thousand
EBITDA Margin 40 %
Industries Waste Management
Locations  Kuwait City
Local Time 5:01 PM Australia / Darwin
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 4.9 million (Native Currency: KWD 1,500,000)
Reason: Owners retirement and moving overseas to Australia. This listing's selling price includes the value... View More
Includes physical assets worth USD 1.62 million
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Business Overview
- The business offers a variety of waste management solutions, including waste compactors, front-end loader skips, commercial waste skips, and other waste disposal services.
- The business boasts a substantial client base, currently serving over 200 clients in all areas of Kuwait.
- Notably, it has ongoing contracts with some customers that date back 20 years, reflecting long-standing and reliable relationships with clients.
- Its clientele includes major restaurant chains and supermarket joints across Kuwait, such as Burger King and Pizza Hut, demonstrating its ability to attract and retain prominent clients.
- The company has previously reached a revenue of KWD 3 Million and has long-term contracts with clients providing high goodwill. These are the factors that were considered while valuing our business and arriving at the given selling price.
- This listing is provided by the owner of the company who is currently residing in Australia.
Products & Services Overview
- Normal waste collection from hotels, shops, restaurants, households, etc.
- Construction waste collection of building materials, bricks, concrete, and assorted heavy materials.
- Liquid waste collection from sewage, sludge and toilets.
- Hazardous waste collection.
- Waste Incineration & Neutralization.
Assets Overview
The tangible assets include:
- All the buildings and property developed on the rented land are owned by the company and make up the major portion of the tangible assets.
-Operating equipment, scrap materials all other tools, and workshop equipment including front-end loader and forklift.
-There are 20 heavy-duty Mercedes, Mack and Tata trucks including roll-on/off skips (15,25 & 40 Cubic yards), and rear-end loader containers/skips. (4,6 & 8 cubic yards), and front-end loader container/skips (4,6 & 8 cubic yards).
- The total number of containers /skips is 525.
- We also have twelve 40 cubic yard compactor machines.
Facilities Overview
- The company operates on commercial land directly rented from the government.
- The rent paid for the land is a quarter KWD per sq m of land which sums up to KWD 1,750 annually which is a significantly lower amount.
- The total area is around 7,000 sq m and comprises office buildings, company quarters for employees, own workshop for maintenance of trucks and containers, a wash bay, and a truck parking area.
- There is also a separate block of vacant land for additional renting out to other businesses if required (within the property)
Capitalization Overview
The business is funded through revenue generated. Owner is the sole investor with 100% ownership rights and has no debts or loans whatsoever.
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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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