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Established Engineering Business For Sale

Kildare, Kildare
Asking Price:
€2,000,000
Turnover:
€2,000,000
Net Profit:
€250K - €500K

This company is involved in some of the most exciting environmental projects throughout the Middle East.

The company has secured an initial three projects for the design and construction management of 10 Port Reception Facilities. Projects are to be executed between August 2019 through to end of 2020. We will execute the complete design, construction management, commissioning and startup of the Port Reception Facilities.

We are currently performing the installation of a clean piping utilities plant and a pharmaceutical facility in the US. The project commenced in April and will run to March 2020

For a world leading oil company we are at the advanced stages of negotiation for a Program of environmental projects some of which need to be completed within 2019

We have firm contracts in hand and significant prospects

We are looking to attract an investor to join our team in a Director capacity with a 20% equity stake in the company and to participate in the growth of the business

The business revenue will increase year on year over the next 5 years based on the existing contracts and the opportunities available to us in the region

The company is forecasting revenues of USD 2m this year, 8m next year reaching USD 40m within the 5 years

This is consultancy based work with low overheads therefore the margins we achieve are approx. 30% gross, 18% net

ROI can be significant for the investor.

If interested, please contact the seller through the form on this page.

Property information

Real Estate:

Lease

Leasehold Rent:

€35,000 per annum

Location:

Registered Office in Kildare Ireland with Branch Office in Seef District Bahrain

Premises Details:

Prime office space in The Address Tower in Seef Bahrain. The office is a professional full capability design office with a combination of cellular office and open plan area

Size in square feet:
1,600

Business Operation

Expansion Potential:

Firm contracts in hand with significant prospects ensuring huge growth potential over the next 5 years

Competition / Market:

Competition in the region include all the big names in the engineering industry. This is a mega project environment and the competition are focused on projects with a capex of USD 500m and above. Niche in the market to follow the smaller projects 50 to USD 200m capex

Reasons for selling:

Contact seller

Trading hours:

Monday - Friday business working hours

Employees:
24
Years established:
7

Other Information

Website:
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Related Documents:
Relocatable:
This business can be relocated.

Contact Information

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