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Elevator Business for Sale in Dubai, United Arab Emirates

Leading elevator and escalator solutions provider in Dubai, 5,000+ clients & AED 6M maintenance portfolio.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 100 - 500
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 11 million
Run Rate Sales USD 11 million
EBITDA Margin 13 %
Industries Elevator
Locations  Dubai
Local Time 9:28 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 5.4 million (Native Currency: AED 20,000,000)
Reason: The owner looking to change business and focus on government work.
Includes physical assets worth USD 5 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We are a leading provider of elevator and escalator solutions in Dubai, with a significant market presence in the residential and commercial sectors, serving a diverse client base of over 5,000 customers.

- The business assembles elevators and escalators in the factory and even customizes these products based on client requirements running at a capacity of about 200 units per annum.

- With a substantial employee base of 205, the company operates in multiple locations including Dubai, Abu Dhabi, KSA, and Sharjah, highlighting its regional reach and market penetration.

- We have established a strong maintenance portfolio valued at 6 million AED per annum, reflecting a commitment to ongoing customer service and support, which contributes to long-term revenue streams.

- Notable clients such as Dubai Police, Dubai Municipality, and others underscore the business's credibility and reputation within the industry, enhancing its potential for continued growth and contract opportunities.

- The company's awarded bronze ranking from a governmental organization signifies its recognition for quality and standards, further accentuating its competitive position in the market.

- With signed projects in the pipeline worth 30 million AED, the business demonstrates a robust outlook for future revenue generation and expansion, indicating its readiness for further investment or potential acquisition.

- We have exclusive agreements with European and Chinese distributors for elevator and escalator equipment.

Products & Services Overview

Top products include -:

- Elevators.

- Escalators.

Around 80% of our customer base is residential and 20% is commercial.

Assets Overview

Tangible assets -:

- 6 units offices in business bay.

- Fully functional factory & land (included as a part of the sale)

- Machinery & tools.

Intangible assets -:

- Maintenance portfolio of 6 M AED per annum.

- Signed Projects pipeline worth of 30 M AED.

Facilities Overview

Elevators factory with full machines and 6,000 square feet of area owned by the proprietor. Land would be included as a part of the sale.

Capitalization Overview

The business has been funded by a director who is also the only shareholder with 100% ownership, we have facility loans from banks amounting to about AED 10 million.

Recent Activity
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1 Buyer contacted this Business this week. Register below to connect now!
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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