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Foundry for Sale in Abu Dhabi, United Arab Emirates

ADNOC group approved steel fabrication company for sale in Abu Dhabi, UAE.
This transaction has concluded.

Established 10-20 year(s)
Employees 100 - 500
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 3.3 million
Run Rate Sales USD 3.3 million
EBITDA Margin 20 %
Industries Foundries + 1 more
Locations  Abu Dhabi
Local Time 1:17 PM Asia / Dubai
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 5.4 million (Native Currency: AED 20,000,000)
Reason: Due to personal issues.
Includes physical assets worth USD 4.4 million
Interested to connect with advisors
Documents
Business Overview
- Company has excellent long-term business relations.
- Our total monthly manufacturing capacity is 1,000 tons.
- But currently, we are only utilizing 10% of the total capacity.
- The business recently received a project from an oil company.
- We are ADNOC group approved.
Products & Services Overview
We deal with all kinds of steel fabrication such as piping spools, all kinds of storage tanks, & skid mounting of plant/ equipment & fire fighting systems & all kinds of welding TIG, MIG, SMAW, for carbon & alloy steel & contract machining.
Assets Overview
Assets include 2 storey 1,000 sqm building, 7,000 sqm covered 4 fabrication yards, 10-ton capacity overhead cranes (8), a covered painting booth, and a blasting area.
Facilities Overview
7,000 sqm area, 1,000 sqm 2-storey office, and painting and blasting area in Abu Dhabi. The land leased for 30 years which is extendable.
Capitalization Overview
The business has 3 equal owners. The business is funded by owners' capital. The business does not have any outstanding liabilities.
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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