Electric Construction Company for Sale in Dubai, United Arab Emirates
Electrical power transmission company specializing in high voltage cables & substation installation and testing services.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 13 million |
| Run Rate Sales | USD 13 million |
| EBITDA Margin | 15 % |
| Industries | Electric Construction |
| Locations | Dubai |
| Local Time | 6:08 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
11.4 million
(Native Currency: AED 42,000,000)
Reason: - Wish to retire and reduce the day to day involvement. Concentrate more on self-development and spe...
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Includes physical assets worth
USD
4.9 million
Interested to connect with advisors
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Available after connect
Business Name
Not disclosed
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Business Overview
- Company that is very specific in high voltage underground cable and substations installation services.
- Group was started in 2006 and the Dubai entity was formed in 2009.
- All entities in the GCC area (6 in total - Dubai, Abu Dhabi, Oman, Bahrain, Saudi Arabia and Qatar) are owned and operated by the two main partners/promoters with only a local national partner for company law purposes in each location. Same range of services offered in all locations.
- Over 25 highly reputable main contractors as clients.
- Approved by Dubai, Abu Dhabi, Oman Qatar and Saudi / Bahrain electrical utility companies.
- Company receives repeat orders from many key customers.
- Excellent business relationship with all customers.
- Grown from USD 1 million to approx USD 12 million yearly turnovers since inception.
- Approved by all local authorities and a recognized industry player.
- Saudi Aramco certificate received for a challenging project completion.
- Both the partners have over 30 years of experience in the high voltage sector.
- Group was started in 2006 and the Dubai entity was formed in 2009.
- All entities in the GCC area (6 in total - Dubai, Abu Dhabi, Oman, Bahrain, Saudi Arabia and Qatar) are owned and operated by the two main partners/promoters with only a local national partner for company law purposes in each location. Same range of services offered in all locations.
- Over 25 highly reputable main contractors as clients.
- Approved by Dubai, Abu Dhabi, Oman Qatar and Saudi / Bahrain electrical utility companies.
- Company receives repeat orders from many key customers.
- Excellent business relationship with all customers.
- Grown from USD 1 million to approx USD 12 million yearly turnovers since inception.
- Approved by all local authorities and a recognized industry player.
- Saudi Aramco certificate received for a challenging project completion.
- Both the partners have over 30 years of experience in the high voltage sector.
Products & Services Overview
Comprehensive range of installation and test services including civil work for underground high-voltage cable networks.Civil works.
Cable installation in outdoor routes and inside substations.
Cable jointing and terminating services.
High voltage and partial discharge testing.
Substations installation.
GIS HV test and PD testing.
Fibre optic cable services.
All associated support services for the above.
Assets Overview
High voltage test trailers (3 of German make, 5 of Chinese make).Fleet of over 35 vehicles.
High voltage cable jointing tools.
High voltage cable testing equipment.
Facilities Overview
- Leased office of 2,000 sq ft in a prime area in Dubai.- Leased covered storage cum warehouse of 3,200 sq ft.
- Leased open storage for parking trailers and heavy equipment.
- Have leased offices, open storage yard and closed warehouse stores in each of the office locations (Dubai, Abu Dhabi, Oman, Bahrain, Saudi Arabia and Qatar) with varying areas as per local needs.
- In addition, we have a 27,000 sq m yard cum labour camp and storage facility in Dammam Saudi Arabia (which is also on leased land, but camp and stores construction by us)
Capitalization Overview
The business is primarily funded by project revenues and shareholders reserve. Total debts is approx. AED 12 million including loans outstanding. Actual beneficial owners / share holders - 2 with equal percentage 50-50. But individual units have local sponsors who take a fixed fee but shown as share holders for local legal regulation purposes.
Recent Activity
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Earlier than 15 daysCEO, Mining And Steel And Agrochemicals, Québec City, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Auto Dealer, Dubai, Corporate Investor / Buyer connected with the Business
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