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Industrial Machinery Wholesale Business for Sale in Sharjah, United Arab Emirates

For sale: Business providing drilling equipment and servicing facility.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2 - 3 million
Run Rate Sales USD 2.8 million
EBITDA Margin 20 %
Industries Industrial Machinery Wholesale
Locations  Sharjah
Local Time 9:15 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.4 million (Native Currency: AED 5,000,000)
Reason: The owner wants to sell the business so that the new management can help to scale it up. Funding is ... View More
Includes physical assets worth USD 540 thousand
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Business Overview

- Business located with a showroom in Sharjah and export office in Dubai free zone providing drilling tools, spare parts, drilling equipment for mining, quarries water well, foundation, geotechnical applications specialized in drilling and servicing of these products.

- Cater to over 50+ key clients with running supply contracts.

- Avg growth rate of revenue was 40%

- The business is an established brand with a strong reputation that has been diversified and is sustainable.

- Have 15-20 key suppliers from all over the globe for the products that we deal in.

- The current owner has 12 years of experience in the industry and 20 years in the field of sales and business development.

Products & Services Overview

- Drilling tools,

- Spare parts.

- Drilling equipment,

- Servicing of drilling equipment.

- Lubricants.

- Drilling chemicals.

Assets Overview

Cars, software, furniture, inventory, fixtures, IT equipment, desktop, laptop, and service equipment.

Facilities Overview

Showroom with ground plus mezzanine floor, and service center. It is a rental facility.

Capitalization Overview

- At the moment business is funded by local/private financial instutes and banks and private funds are owned 100% by the owner.

Recent Activity
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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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