9.2 / 10
 Dubai

Leading elevator and escalator solutions provider in Dubai, 5,000+ clients & AED 6M maintenance portfolio.

Key Business Facts
Yearly Sales USD 11 million
EBIDTA Margin 13 %
Industries Elevator
Locations  Dubai
Business Overview
- 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.
Products & Services Overview
Top products include -:
- Elevators.
- Escalators.
Around 80% of our customer base is residential and 20% is commercial.
Capitalization Overview
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.
Assets Overview
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.
Full Sale
Asking Price: USD 5.4 million (Native Currency: AED 20,000,000)
Reason: The owner looking to change business and focus on government work.
Includes physical assets worth USD 5 million
Interested to connect with advisors
In talks with 3 Investors
Contact Business