Need help?

Newly Established Cleaning Company Seeking Loan in Dubai, UAE

ISO-certified Dubai-based company with excellent growth in its first year of launch.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 100 - 500
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1 - 2 million
Run Rate Sales USD 1.57 million
EBITDA Margin 6 %
Industries Facility Management + 1 more
Locations  Dubai + 1 more
Local Time 3:31 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 136 thousand for 10.0% annual interest, 2 years (Native Currency: AED 500,000)
Reason: - We will use these funds to immediately hire 50–75 employees under the unlimited visa quota, increa... View More
Collateral Available: USD 0
Includes physical assets worth USD 20.4 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Business Overview
- The business is a distinct, innovative, and sustainable facilities management company located in Dubai, currently focused on providing manpower for building cleaning as well as commercial, residential, and retail cleaning and manpower services.
- We secured contracts worth AED 4 million in our first year of launch and have three new projects worth AED 2 million in the pipeline to be mobilized in the last financial year.
- The company holds a Dubai Meydan Free Zone license and a Sharjah Free Zone trade license, enabling operations across the Northern Emirates.
- The owners bring 20 years of experience in facilities management, with the majority of their expertise gained in the UAE, Qatar, and India. He is also a member of industry organizations such as MEFMA, BICSc, and IWFM.
- With 145 contract workers and four ISO certifications for quality management, environmental management, occupational health and safety, and facilities management service standards, the company is well-positioned to deliver high-quality services.
- Although the business has only been operational since last year, it has already made a strong mark in the FM landscape with an exceptional first year.
Products & Services Overview
We have been operational since March of last year and achieved an excellent first year in the UAE FM market, with annual turnover exceeding forecasts by more than 30%. We secured contracts to provide services across two schools, several commercial and residential complexes, and signed a three-year contract with the UAE’s largest retail hypermarket network, Majid Al Futtaim Carrefour. (We successfully mobilized the first 75 staff by December of last year. )
Looking ahead, we are planning an aggressive growth strategy for the next financial year, with plans to add another 120 staff and increase turnover by 25%, targeting a net margin of 15%.
We currently offer the following services across the UAE:
- Facilities management.
- On-demand labor supply (for warehouse operations with clients such as Noon and Carrefour)
- Disinfection services.
- Concierge services.
Assets Overview
There are no tangible assets as a part of the business currently.
Our strong suite of intangible assets includes promoter experience and ISO certifications.
Facilities Overview
Our office is located in a key area - Dubai Investment Park, in a rented facility with a total area of 420 sq. ft. The company also has shared office space available and utilized in the Meydan Free Zone as well as the Sharjah Free Zone. Additionally, we maintain rented labor camps in Dubai Investment Park and Muhaisina (Sonapur), with a current capacity to accommodate 150 people.
Capitalization Overview
The business is operated by two partners. Initial funding was provided through personal savings and loans from both partners. There are currently no loans or liabilities under the company’s name.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
19 Investors already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more