• Construction maintenance company for sale in Dubai

Construction maintenance company for sale in Dubai

Al Karama, Dubai, UAE

8,000,000AED

License validity : 0
What are the Opportunities for a new owner : .
How can the future owner improve this business? : ./......
Monthly sale | Average monthly profit | Average monthly expense : .

Description

Main services:

• Repairs & Maintenance

• Renovation

• G+1 Construction

• Concrete cutting

• Structure Strengthening

• Protective Coating

Current Major clients:

Al Shirawi Contracting, Central Bank of UAE, Culligan Water, Dubai Municipality, Robertz Pizza Roti and Al Avon Contracting

Company Asset: Labour Camp at Muhaisinah (total area 10,000 sq ft with built up area of 5,237 sq ft).

As per last valuation done, the assume value of the camp with permission to build 2 more floors (approx. 180 people) was AED 5.50 million

Revenue and Profit:

• 2019 – Revenue of AED 3,300,000 with net profit of AED 198,240

• 2018 – Revenue of AED 3,250,000 with net profit of AED 183,000

Complete audited financials can be provided to serious buyers only

Note:

• The current management will be responsible for the collections from its clients for the ongoing and finished contracts as well as liabilities to the suppliers

• The company does not have any bank liabilities or bad debts

• As per the new law from June 1, 2021, the expat partner/partners can now own

100% equity without a local partner

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Location

Al Karama, Dubai, UAE
Safety tips for deal
  1. Always meet face to face to finalize the deal.
  2. Transfer of Business requires to check all legal Documentation.
  3. Beware of unrealistic offers.
  4. Please report any suspecious activities.
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