Marine Shop Seeking Loan in Ajman, UAE

- Business is about ship & power, specializes in engine and turbocharger repair, catering to the marine industry.
- Located in Ajman and have built solid relationships with both government and private companies.
- With 13 years of experience, our expertise is trusted by around 30 active clients.
- Business offers quality spare parts trading alongside the repair services.
- The average revenue per customer is about USD 5,000, (i. e. , approx. AED 18K) making it a lucrative business model.
- Two years ago, we projected revenue of AED 4.5 million, followed by a more conservative estimate of AED 1.5 million for previous year.
- The business operates with a team of eight skilled, well-trained employees committed to providing excellent service using advanced automated machinery, eliminating the need for extra staff. By including spare parts sales alongside repair services, the business is able to boost both profits and overall sales.
- Business is raising the loan to purchase new equipment and expand the business to another branch, not for covering operational expenses, so the asking price based on the requirement and not the current running valuation of the business.
- Business interest and loan will be paid through the revenue generated by the overall business.
- Over the course of a year, several new clients were onboarded, leading to an increase in revenue compared to the previous year.