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Chemicals Factory & Engineering Firm For Sale
Location Saudi Arabia
Asking Price Range $10.0M - $20.0M
Gross Revenues $4000000
Net Profit / Cash Flow $3000000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1988
Number of Employees 20 - 34
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Owned
Training Will be provided
Reason for Sale Retirement
Description Multi-faceted business for sale in Jeddah. Consists of a chemical manufacturing plant in Jeddah which produces laundry chemicals, water treatment chemicals, cleaning chemicals, automotive chemicals and more. The plant consists of blending vessels, chemical storage tanks, manufacturing equipment, raw chemical stock and factory labor accommodations. Chemical formulations have been extensively R&D by world renowned institute that are worth in millions of $ in value. Company is Saudi government registered and approved agent & distributor of SABIC chemicals.
The company also consists of a successful engineering division that offers complete mechanical engineering and design services including: conceptual design and consultation, systems design, preventive maintenance and is proud to have completed notable turn key projects in Saudi Arabia in the field of water treatment. The company has 25 loyal employees consisting of sales representatives, office worker, engineers, skilled technicians (welders, electricians, mechanics) and laborers.
Listed at USD $19.5 Million, this is an excellent opportunity to purchase a solid, well-established business with consistent, strong sales growth and a stellar reputation in the field. Revenue figures are based on the Jeddah region only. Plans are underway to establish offices in Riyadh, Dammam, & Yanbu due to immense potential for growth in other areas of Saudi Arabia. Buyers with existing background in this industry can take advantage of the company's name and existing customer base to diversify into other areas of the market, while enjoying the excellent current and projected revenue stream offered by this Company.
The business operates from a office (building) in central Jeddah, which is also owned by the company. This property is not part of the business sale, it is however available separately.
Seller is a SAGIA-licensed American investor who plans on retiring.
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