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Highly Profitable Corporate Contracting and Supply Business For Sale-

  • Price: £2,500,000
  • Annual Turnover: £1,330,000
Seller Reference: BB5082CO
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Business Description
Seller Reference: BB5082CO
Request Details
Business Description
Business Sale Overview:

CIRCON began operating in Egypt in 2015. After years in the cable laying industry, we realized it was near impossible that the Egyptian market would strive under its previous “old school” conditions. Traditional methods used by developers and contractors were simply too complicated, time-consuming and expensive to manage and not safe for cables. The customers’ interests were a crucial point while establishing CIRCON, by offering the best platform that serves the electric power, telecommunication and construction industries.

Our company’s most noted contributions can be found in the Oil & Gas and Petroleum industry that includes gas, oil and petrochemicals refineries. Alongside this industry, we take part in massive construction projects across Egypt and Africa in general.

Business Sale Description:

Circon began operating in Egypt in 2015. After years in the cable laying industry, we realized it was near impossible that the Egyptian market would strive under its previous "old school" conditions. Traditional methods used by developers and contractors were simply too complicated, time consuming and expensive to manage and not safe for cables.

• Established with the customer's interest in mind. We wanted to offer a platform that best serves the Electric power, Telecommunication, and Construction industries.

• Today, we became the executive distributors for OMAC, Fremco, and Pro-Foam in Egypt. Moreover, we became an official distributor for FITEL splicing machine.

• We operate in the telecommunication industry and cable laying/ Electric distribution and electric networks (overhead and underground) industry.

This business was established in 2015

• It operates in two sectors:

1. Supply of Wide range of Cable Laying Accessories and Winches.

2. Supply of All types of Fire Fighting Foam. 3. Supply Fiber cable machines and equipment • Recently we became the exclusive distributor / sole agent of OMAC, PROFOAM and FREMCO in Egypt, and official distributor for FITEL splicing machines

KEY FEATURES:

Spacious and well equipped premises

All equipment included

Ideal trading position

Potential growth opportunity

Reluctant Sale

Lots of positive reviews

Please note that in the presentation and brochure we don’t mention some dealership agreements and distribution agreements done within 2020 like:

1- Atmos Chrást – Air Compressors manufacturer. One of the skoda group.
2- Hohle: Estonian micro ducts manufacturer.

TENURE: Leasehold

RENT: 1000 EGP

RATES: N/A

STAFF: 8 FULL TIME STAFF

ANNUAL TURNOVER: £UNDISCLOSED AT THIS STAGE

NET PROFIT: £UNDISCLOSED AT THIS STAGE

Business Location Overview:

This business operates from its base in Egypt.
Number of employees:
8
Location Details:
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