An Interior Decoration Company, established in 2017, is looking for a buyer.
This fully expatriate-owned business has both a primary commercial registration (CR) and a branch CR, both linked to a single address.
The registered office is located in Hamala, while the fit-out workshop with staff accommodation is situated in Askar.
The carpentry workshop spans approximately 250 square meters with a ceiling height of nearly 10 meters with a furnished executive office. Additionally, there's a paint booth, as well as staff accommodation, including four rooms, three bathrooms, and a kitchen, suitable for 20 to 25 people.
The rental cost for this facility is only BD 330, with a lease agreement valid until 2028, which can be renewed for a further period with a small increase in rent.
In 2023, the owner invested around BD 6,000 to 7,000 for workshop renovations and the development of a labour camp and office fit-outs.
The workshop is equipped with a cutting machine tailored for their operations, alongside occasional outsourced projects.
Currently, the company employs three staff members and has four available visas, with a potential total of 15 to 20 visas if needed.
The business maintains a loyal base of repeat customers.
Financial overview for 2023:
- Revenue BD 59,000
- Expenses BD 50,000
- Profit Approx. BD 9,000
Financial overview for 2025:
- Revenue BD 45,000
- Expenses BD 40,000
- Profit Approx. BD 5,000
The decline in revenue last year was primarily due to the owner's limited presence in the country.
This company presents a strong opportunity for individuals interested in establishing a business in Bahrain and expanding to Saudi Arabia.
The owner is seeking BD 12,000 for full ownership transfer, with some room for negotiation.
Additionally, individuals with experience who can contribute to business growth and are interested in acquiring 50% of shares are encouraged to contact.
For inquiries, please reach out to:
Mob / WhatsApp No. +973 39990295
Jasper Real Estate
https://www.buysellcompanie ...