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Speciality Vehicle Fabrication Company For Sale

Ras Al Khor, Dubai
Asking Price:
$2,100,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,100,000 (USD)
Cash Flow:
$590,000 (USD)

Fabricators of speciality vehicles such as ambulances, mobile clinics, food trucks and trailers, mobile workshops, mobile pet grooming units and various customised conversions.
With over 15 years presence in the middle east and African market, The Vehicle Converters (TVC) have converted nearly 6,000 vehicles into various speciality vehicles. Majority of our sales are the whole of middle east and Africa.We deal with government organisations as well as various sized private companies. We have received orders of 165 ambulances for Iraq and hundreds of ambulances for various countires in Africa and middle east. Locally we supply many food trucks and trailers. This market is expanding for our company. We also have number of other products such as mobile pet grooming units and mobile workshops that we regularly recevie orders of. We also do many customised conversions. As a small company, during our trading years, we've reached turnover of 22 million dirhams a year
After 15 years in Dubai, my wife and I are ready to move back to UK to join our children now that they're in university. I am prepared to do a , up 3 year handover period and partially base the value of my company on performance of next 2 to 3 years. This will reduce your investment risk rather dramatically. I would be very grateful if you could take time in reading my offer.

If interested please contact the seller through the form on this page.

Property information

Real Estate:

Lease

Lease Terms:

Our workshop contract runs on annual bases but the landlord, is restricted to terminate the contract.

Leasehold Rent:

$55,000 (USD) per annum

Living Accommodation:

N/A

Location:

Our workshop is located in an industrial area related to cars and car parts. We are on the main road opposite the biggest car market in the Middle East. We've been here for over 10 years.

Premises Details:

Our workshop is rented, protected by the UAE low of commercial renting.

Size in square feet:
4,000SQFT
Planning Consent:

N/A

Business Operation

Expansion Potential:

The potential of growth for our company is vast. We deal with many industries, such as healthcare for ambulances, mobile labs and clinics, Food and Beverage, for food truck and trialers, Mobile workshops for various industries and pet grooming units as our set products. demand of all these industries in GCC countries, Middle Eastern Countries and of course Africa Countries in huge.

Competition / Market:

As Dubai is the hob for All Middle Eastern and Africa Market, there are other competitors in our field but we are by far the most established, diverse, forward thinking and reputable company in the Market.

Reasons for selling:

After 15 years in Dubai, now that both my daughters have return to the UK for university, my wife and I are keen to work on an exit strategy from Dubai, to be close to our children and our parents.

Trading hours:

8am - 6pm, 6 days a week.

Employees:
15
Years established:
10 years

Other Information

Support & training:

I'm prepared to offer up to 3 years handover period for training, from which during the first year, I can commit to providing complete Standard Operating Procedures for every aspect of my company. This will also give full ISO certification for the company.
Company's core structure in regards to fabrications are set in a standard way that production is continues with or without key management if it needs be.

Furniture / Fixtures value:
$6,000 (USD) - included in the asking price
Inventory / Stock value:
$130,000 (USD)
Website:
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Related Documents:
Relocatable:
This business can be relocated.

Contact Information

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