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47 years old, well established and renowned brand in water, plumbing, water treatment & filtration company having head office in Kuwait and a subsidiary in Qatar is looking for strategic buyers.
Annual revenue in 2018 was USD7 million, with positive EBITDA of $50k.
The company has more than $5 million worth of signed projects in hand with commercial and industrial sectors and has deep penetration in residential market of Kuwait and Qatar in water & plumbing sectors.
Long-term leases on renewable
$650,000 (USD) per annum
Yes, In Qatar , company has living accommodation adjacent to warehouse
Kuwait and Qatar
The company has 3 showrooms in Kuwait , one large warehouse and head office in Kuwait city. All premises are on lease
Company has more than $4.5 million worth of signed projects with commercial and industrial clients and business can be grown if buyer implements business development & marketing strategies and target large projects in oil & gas and infrastructure sectors in Kuwait and Qatar.
Company has 13% market share in water treatment, & plumbing market in Kuwait and Qatar and have done good projects of hospitals, schools, universities, malls, and various commercial & residential buildings . It is a well know and old brand in plumbing industry in Kuwait and Qatar
Strategic objectives behind owners' investment have been achieved,
Seller will provide full training, support to buyer for transitional period up to 3 months
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