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HVAC Equipment Company for Sale in Dubai, United Arab Emirates

For Sale: ISO certified MEP company with an annual turnover of AED 40 million.
This transaction has concluded.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 100 - 500
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 6 million
Run Rate Sales USD 9.8 million
EBITDA Margin 0 - 10 %
Industries MEP Construction + 1 more
Locations  Dubai
Local Time 1:44 AM 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: Owner is planning for retirement.
Includes physical assets worth USD 3.27 million
Interested to connect with advisors
Business Overview
* Since 1995, the company has been operating in Dubai for nearly three decades and has established a strong reputation.
* We provide mechanical, electrical, plumbing, HVAC and engineering solutions for projects across UAE.
* Company has current projects in hand worth AED 60 million, which needs to be completed in one year.
* Have 137 permanent employees, along with this we subcontract works to small companies.
* We have our own building on the leasehold land from DREC.
* Our factory manufactures air conditioning accessories (ducts, VCD, VAV, fire dampers) and also electrical panels and switchgear assembly units.
* We have executed various projects including residential, commercial, warehouses, palaces, mosques, factories, hospitals, clean rooms, cinemas, marine and offshore projects under Dubai Municipality, DHA, Dubai Police, Dubai Defense, Emirates Airlines, DWTC, Dubai Drydocks, Islamic Affairs and many leading main contractors. We have worked with all high-class consultants in Dubai.
* Have completed more than 80 projects till date.
* Duration of each project varies from 18-24 months.
* Company has good credit history with the suppliers and has high repeat orders from customers.
* Last year reported revenue was less due to the pandemic. Company typically achieves AED 40 million in revenue. This year, the revenue has gone back to normal due to higher projects than last year.
Products & Services Overview
Design, estimation, execution of MEP projects.
Manufacturing of HVAC accessories.
Providing annual maintenance solutions.
Switchgear and panels assembly.
Assets Overview
Tools and machinery including CNC machines.
30 vehicles.
Receivables.
Intangible assets:
Employees.
Contracts in hand.
Our client base.
Existing bank facilities.
Website.
Facilities Overview
Owned G+1 building on leasehold land with a built-up area of 10,000 sq ft that has factory and office.
Capitalization Overview
Not Disclosed
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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