General Summary
• Opportunity Overview: A fully equipped, operating flat-glass processing factory located in the Second Industrial City (MODON) of Dammam, Eastern Province, Kingdom of Saudi Arabia.
• Facility Scale: Encompasses an 11,595 square meter total site area featuring an administrative building (1,080 square meters), a production hangar (1,970 square meters with an 8-meter clear height), and a dedicated services area (732 square meters).
• Core Capabilities: End-to-end flat glass processing including precision cutting, edge grinding, polishing, bevelling, automatic drilling, sandblasting, tempering, and the production of insulated (double-glazed) glass units with silicone sealing.
• Asset Base: Built around 11 principal European machinery lines from globally recognised manufacturers (including LISEC, Bavelloni, and Glaston), supported by local maintenance agents.
• Land Tenure & Status: Backed by a MODON land lease running securely through 2038, valid industrial licences, and zero financial obligations or debts attached to the transaction per the Seller.
• Workforce: An in-place, experienced team of 27 employees, including 5 Saudi nationals.
• Asking Price: SAR 12,000,000, representing approximately 53% of the historical equipment and property cost.
Key Selling Points
• Turnkey Operations: A fully functional, going concern that allows a new owner to take over and resume active processing immediately without the lengthy lead times and high capital expenditures of a greenfield build.
• Top-Tier European Machinery: Equipped with premium, globally respected brands such as LISEC (Austria), Bavelloni (Italy), and Glaston (Finland).
• Secure Long-Term Tenure: A MODON lease agreement secured until 2038 within a prime government-developed industrial hub offering robust logistical connectivity across the Eastern Province.
• Clean Transaction Structure: Delivered with valid industrial licences and confirmed debt-free status regarding the transaction.
• Proven Revenue Potential: Demonstrated earnings capability evidenced by historical performance, such as FY2024 revenues reaching SAR 3.89 million with a strong gross profit margin of approximately 66%.
• Immediate Growth Upside: Operations were scaled back recently solely due to the current owner's limited time and administrative availability, presenting a clear path for a hands-on owner-operator to rebuild and scale volume using existing installed capacity.
• Favorable Market Backdrop: Positioned to capture robust long-term demand driven by ongoing real estate, construction, and infrastructure expansion across the region for energy-efficient glazing and architectural glass.
