Elevator Business for Sale in Dubai, United Arab Emirates
Established | 10-20 year(s) |
Employees | 100 - 500 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 11 million |
Run Rate Sales | USD 11 million |
EBITDA Margin | 13 % |
Industries | Elevator |
Locations | Dubai |
Local Time | 3:25 AM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Active |
- We are a leading provider of elevator and escalator solutions in Dubai, with a significant market presence in the residential and commercial sectors, serving a diverse client base of over 5,000 customers.
- The business assembles elevators and escalators in the factory and even customizes these products based on client requirements running at a capacity of about 200 units per annum.
- With a substantial employee base of 205, the company operates in multiple locations including Dubai, Abu Dhabi, KSA, and Sharjah, highlighting its regional reach and market penetration.
- We have established a strong maintenance portfolio valued at 6 million AED per annum, reflecting a commitment to ongoing customer service and support, which contributes to long-term revenue streams.
- Notable clients such as Dubai Police, Dubai Municipality, and others underscore the business's credibility and reputation within the industry, enhancing its potential for continued growth and contract opportunities.
- The company's awarded bronze ranking from a governmental organization signifies its recognition for quality and standards, further accentuating its competitive position in the market.
- With signed projects in the pipeline worth 30 million AED, the business demonstrates a robust outlook for future revenue generation and expansion, indicating its readiness for further investment or potential acquisition.
- We have exclusive agreements with European and Chinese distributors for elevator and escalator equipment.
Top products include -:
- Elevators.
- Escalators.
Around 80% of our customer base is residential and 20% is commercial.
Tangible assets -:
- 6 units offices in business bay.
- Fully functional factory & land (included as a part of the sale)
- Machinery & tools.
Intangible assets -:
- Maintenance portfolio of 6 M AED per annum.
- Signed Projects pipeline worth of 30 M AED.
Elevators factory with full machines and 6,000 square feet of area owned by the proprietor. Land would be included as a part of the sale.
The business has been funded by a director who is also the only shareholder with 100% ownership, we have facility loans from banks amounting to about AED 10 million.
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Earlier than 15 daysManager, Strategy Consulting, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMD, Elevators, Brisbane, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Dubai, Business Broker connected with the Business