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IT Consultancy Company for Sale in Dubai, UAE

For Sale: Non-operational Dubai mainland, IT services, and equipment trading company.

Established 1-5 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 56 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries IT Consultancy
Locations  Dubai
Local Time 3:06 PM Europe / Riga
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 9 thousand (Native Currency: EUR 8,000)
Reason: The company is not operational anymore, because the owner moved out of the UAE.
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Commercial License
Business Overview
- Currently, the business is not active, however, it had professional liability insurance, turnover with a small profit, and still has an active AED/EUR bank account in E20 (ENBD for business).
- The business is non-operational since the 3rd quarter of last year.
- We had two consultants, who were serving big companies in Europe.
- Majority of the sales was generated through IT consultancy.
- The company is located in Dubai but the owner has moved out of Dubai.
Products & Services Overview
IT services and equipment trading in Dubai mainland.
Assets Overview
The company does not have any assets.
Facilities Overview
Office was leased from the corporate services provider, and verified by the bank.
Capitalization Overview
- Business is 51% owned by a local sponsor and 49% by the actual beneficiary.
- Has no debts and does not require additional investment besides the license renewal fee which will be due in the next 3 months.
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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