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Up for sale is a 23 year old steel products manufacturing firm located in 16,000 sq feet area Dubai which has around 14 employees. The company is leading manufacturer of specialized steel equipment niche products. It has written systems and processes in place
- The sale includes blueprints, trademarks, lead generation of proven products bringing consistent sales (4 years audit statements included)
-Great for non technical buyer who wants to do low risk investment and get started.
- Post COVID opening the revenues has rebounded.
- Has branded products with good margin with Trademarks in place.
- Growth in profits of 10-15 percent.
- Worked with government and private companies around the world like US Army, navy and airforce, UN, Dubai Police, Dubai Municipality, Etisalat, RTA and DEWA.
- Follows ISO 9001-2008 standards and 5S methodology.
- Zero loans and have grown organically.
- Services sector is growing.
- Majority are prime contracts not sub contracts.
- Sales and other activities bring in large number of inbound leads of about 150-200 per month.
-Has good management team with good retention.
- Has 16,000 sq ft yard with easy access to roads.
-Owner is selling because of relocation.
- Last year revenue 747500 USD and EBIDTA 326086 USD
Please make an offer after looking at the financials. Serious prospects only as you will be vetted.
If interested, please contact us by filling the form given below.
The premises includes accommodation for 20 workers enabling to save Dhs 200,000 per year on accommodation and transportation costs.
The business was one of the first to be set up in the area located at prime spot near the to the freezones of Jebel Ali and Hamiriyah. Located near to main roads with easy access to various steel suppliers who can provide timely delivery of goods.
The premises follows safety rules and maintain a huge 16000 sq ft yard with legal labor room located with 3 washrooms. The premises is fitted with 3 phase connections powering welding and various machines.
The company can be divided into product sector and the services sector with each sector if given time and attention can grow and capture larger share in the market.
Steel fabrication is very competitive niche with neck to neck competition and that is the reason we have invested in R&D to find out high margin niche products which can be price controlled and we can be very best in the market. We have very good relations with various government and private companies enabling us to provide good pricing without compromising quality this is the reason we were able to grow the business as we had repetitive customers.
The reason the business is sold is because the new owner inherited the business who has no plans to run and is moving to new country. The new owner has ensured the business is free from debts and indemnities.
A month of training will be provided which would be enough for the new owner to track various KPIs and make informed business decisions.
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