Automobile Parts Wholesale Company Seeking Loan in Dubai, United Arab Emirates
|Employees||5 - 10|
|Legal Entity||Limited Liability Company (LLC)|
|Reported Sales||USD 1 - 2 million|
|Run Rate Sales||USD 1.3 million|
|EBITDA Margin||10 - 20 %|
|Industries||Automobile Parts Wholesale + 1 more|
|Local Time||5:49 PM Asia / Dubai|
|Listed By||Management Member|
- Our company imports used internal spare parts of heavy-duty machinery, vehicles and branded cars from Poland and Germany. We have 5 suppliers from whom purchase goods. There is no explicit contract with either of them.
- The goods are imported in Dubai and sold using 2 channels: direct sale to individual repairmen and auto workshop owners in Dubai along with bulk supply to our customers in Yemen, Qatar and Saudi Arabia.
- We have over 400 active clients to whom we supply goods across all channels. There is no contract with either of them.
- We outsource logistics support for fulfilling purchase orders outside Dubai. However, orders inside Dubai are fulfilled using company owned pickup truck.
- Our business also supplies internal used parts for Mercedes and Volvo cars which are bought by individual repairmen and auto workshop owners. We do not hold any official supplier contract for these brands.
- Our company's trade license expired close to 2 months ago. However, it has been given for renewal. The trade license permits our business to do repairing of automobiles and supplying their parts.
- Currently, the company is only importing and supplying internal spare parts. However, we are set to begin our own auto-shop for heavy-duty vehicles and machinery where we will use the same goods and parts that we supply. We could not commence auto repairing services last year due to the effect of pandemic on the market.
We import and supply used internal spare parts such as engines and oil pumps for:
- Heavy-duty machinery.
- JCB vehicles.
- Trucks and buses.
- Mercedes cars.
- Volvo cars.
Physical assets include:
- Inventory worth over AED 400,000 which will be used to fulfil purchase orders in the coming months.
- Pickup truck and forklift.
- Our company runs operations from a rented facility spread across 4,500 sq. ft.
- The facility is split between a warehouse and an administrative office space.
Earlier than 15 daysGlobal Portfolio Manager, Financial Services, Abu Dhabi, Individual Investor / Buyer connected with the Business