Fabricator Seeking Loan in Sharjah, UAE
Steel fabrication company with about 100,000 sqft of facility with open area and warehouse.
Premium Plan
| Established | 10-20 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 1.1 million |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Fabricated Metal Products + 1 more |
| Locations | Sharjah |
| Local Time | 4:47 AM Asia / Dubai |
| Listed By | Advisor / Business Broker |
| Status | Recently Active |
Seeking Loan
USD
410 thousand
for
18.0%
annual interest,
3
years
(Native Currency: AED 1,500,000)
Reason: To restart the company's operations. This is a turn around opportunity.
Use of funds: AED 1.5 milli...
View More
Collateral Available: USD 1.63 million
Includes physical assets worth
USD
1.63 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Project Fabrication
(874.0 KB)
Business Overview
- Non operational steel fabrication company.
- The business's turnover was badly affected in Covid and it shut operations 4 years back.
- It has served over 30 customers in the last 12 years of existence.
- At the peak the company did annual turnover of AED 24 million (8 years ago).
- The business has a fully compliant and active Free Zone company.
- The business's turnover was badly affected in Covid and it shut operations 4 years back.
- It has served over 30 customers in the last 12 years of existence.
- At the peak the company did annual turnover of AED 24 million (8 years ago).
- The business has a fully compliant and active Free Zone company.
Products & Services Overview
Fabrication of pressure vessel, heat exchanger, oil tanks.Clients include oil & gas companies, and manufacturing companies based in the UAE.
Assets Overview
Tangible assets:Building value - AED 4 million.
Plant and machinery - AED 2 million replacement value. Actual cost of investment was about AED 10 million.
Intangible assets include the brand name, goodwill, lease till next year.
Facilities Overview
Leased 100,000 sqft of land comprising covered area, pain and blast area, open yard and office.
Capitalization Overview
- As of now the company does not have any loan with banks.- The company owes to suppliers about AED 100k and rent of AED 300k. The investment will be used to clear the dues as well.
- The company is 100% owned by a promoter of Indian nationality.
Recent Activity
-
1 day, 10 hours agoFinance Director, Solar Energy, Dubai, Individual Investor / Buyer connected with the Business
-
1 week, 2 days agoFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
-
1 week, 3 days agoOwner, Audio Equipment, Middelburg, Corporate Investor / Buyer connected with the Business
Tags:
Fabricated Metal Products Company Seeking Loan in Sharjah, UAE
·Lend to Fabricated Metal Products Company in Sharjah, UAE
·Metal Product Company Seeking Loan in Sharjah, UAE
·Fabricated Metal Products Company Seeking Loan
·Lend to Metal Product Company in Sharjah, UAE
·Lend to Fabricated Metal Products Company
·Fabricator Seeking Loan in Sharjah, UAE
·Welder Seeking Loan in Sharjah, UAE
·Metal Product Company Seeking Loan
·Lend to Fabricator in Sharjah, UAE
·Lend to Welder in Sharjah, UAE
·Lend to Metal Product Company
·Fabricator Seeking Loan
·Welder Seeking Loan
·Lend to Fabricator
·Lend to Welder
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 70,500+ 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