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Ship Repairing Business Investment Opportunity in Dubai, United Arab Emirates

Ship repairing start-up seeking equity capital to acquire machinery to start operations.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Ship Repairing
Locations  Dubai
Local Time 12:29 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 540 thousand for 30.0% stake (Native Currency: AED 2,000,000)
Reason: Funds will be used for the down payment of robots, pumps, machinery, manpower recruitment. A part of... View More
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Business Overview

- Dubai-based ship repairing start-up focused on painting the ship.

- Promoter has 25+ years of experience in the shipbuilding and repairing industry.

- Our business incorporates the help of robots to repair the ships that ensure safety, quality, environmentally friendly, cost-efficient, and time-saving work.

- We aim to reduce time by 30% and cost by 25%.

- Have secure through MOU at least 80-100 ships out of 300-350 ships docking per year. This will be enough to achieve break-even.

- Have reached out to robot manufacturers and other machine manufacturers for lease to buy arrangements.

- We have no direct competition at present.

- Our core competency will be robotic hydro blasting.

- There is no other company providing robotic hydro blasting services in GCC and MENA countries.

Products & Services Overview

Robotic hydro blasting (specific niche), ships hull, and shore-based oil and gas storage tanks.

Assets Overview

The business does not own any assets at the moment.

Facilities Overview

Will lease a workshop measuring 4,500 sq. ft. area at Dubai Maritime City.

Capitalization Overview
Not Disclosed
Recent Activity
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1 Investor made an offer to this Business.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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