Electronic Equipment Company Seeking Loan in Abu Dhabi, UAE
Middle Easts leading supplier of products & services for people with disabilities.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 71 thousand |
| Run Rate Sales | USD 71 thousand |
| EBITDA Margin | 32 % |
| Industries | Electronic Equipment |
| Locations | Abu Dhabi |
| Local Time | 3:59 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
490 thousand
for
15.0%
annual interest,
1
year
(Native Currency: AED 1,800,000)
Reason: We are planning to establish an AI lab focused on developing products designed to support people wit...
View More
Collateral Available: USD 820 thousand
Includes physical assets worth
USD
330 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Topland AI Lab
(3.2 MB)
Trade Licence
(611.6 KB)
Business Overview
- Business specializes in supplying and manufacturing products for people with disabilities.
- Product range includes hearing technology devices, tools for visually impaired individuals, and autism training aids.
- Monthly production capacity: 2,000 hearing aids.
- Products are distributed to individual customers, wholesalers, and retailers.
- Also engaged in importing assistive products from Europe and the USA to meet local demand.
- The business requires 20 employees, with staff at the headquarters managing shipping, logistics, and accounting, while others are engaged in manufacturing at the factory.
- Product range includes hearing technology devices, tools for visually impaired individuals, and autism training aids.
- Monthly production capacity: 2,000 hearing aids.
- Products are distributed to individual customers, wholesalers, and retailers.
- Also engaged in importing assistive products from Europe and the USA to meet local demand.
- The business requires 20 employees, with staff at the headquarters managing shipping, logistics, and accounting, while others are engaged in manufacturing at the factory.
Products & Services Overview
Products for visually impaired and hard of hearing.
Assets Overview
Tangible assets: Product inventory.Intangible assets: Abu Dhabi Unified License.
Facilities Overview
We operate from two rented office spaces in Saudi Arabia. Additionally, we have a 2,000 sq. ft. manufacturing facility located in a government building, for which no rent is required.
Capitalization Overview
The business has three shareholders with ownership split at 70% and 30%. It is fully funded by the owners with no loans.
Recent Activity
-
1 day, 16 hours agoFounder, Equity Investment, Mumbai, Corporate Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor contacted this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 62,500+ other businesses of all sizes.
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.
You might also be interested in these businesses