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Bags Manufacturing Business for Sale in Ajman, United Arab Emirates

For Sale: Plastic HDPE shopping bag manufacturing company in Ajman, UAE.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.6 million
Run Rate Sales USD 1.6 million
EBITDA Margin 30 - 40 %
Industries Bags Manufacturing
Locations  Ajman
Local Time 6:09 PM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 900 thousand (Native Currency: AED 3,250,000)
Reason: Leaving home for good.
Includes physical assets worth USD 400 thousand
Interested to connect with advisors
Business Overview

- Successfully handling 120-130 tons per month.

- Currently supplying to 20 clients in UAE.

- We have 2 permanent employees and 14 contract-based employees.

- The promoter has 20 years of experience in this industry.

Products & Services Overview

Carry bags/shopping bags.

Vegetable rolls.

Smokey bags.

Meat/fish rolls.

Bin bags.

Garbage bags of small sizes.

Assets Overview

Tangible- machines, spares, and raw materials.

Intangible- goodwill, clients, and suppliers.

Facilities Overview

8,000 sq. ft. rental warehouse with 110 KW electricity power (extra load of 40 KW in line with power company). We pay an annual rent of AED 200,000.

Capitalization Overview

- Funded by personal investments.

- No shareholders.

- Sole owner, wife, and son running the business.

- Company has no loans.

Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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