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Newly Established Cleaning Company Seeking Loan in Dubai, UAE

Dubai-based facilities management company with 18+ years owner experience and 4 ISO certifications.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 50 - 100
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 900 thousand
EBITDA Margin 6 %
Industries Facility Management + 1 more
Locations  Dubai
Local Time 4:00 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 136 thousand for 10.0% annual interest, 1 year (Native Currency: AED 500,000)
Reason: - We will use these funds to immediately hire 75 employees under the unlimited visa quota offered wi... View More
Collateral Available: USD 0
Includes physical assets worth USD 13.6 thousand
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Business Overview
- The business is a distinct, innovative, and sustainable facilities management company located in Dubai, with a current focus on providing manpower for building cleaning and restaurant cleaning services.
- The business has already participated in local tenders and has secured a contract with a group of hotels in Dubai to provide manpower for restaurant cleaning. There are 4 more such projects in the pipeline for this month.
- Additionally, the company has a Sharjah free zone trade license, enabling it to cater to government entities in Sharjah.
- The owner brings 18 years of experience working in facility management companies, with the majority of the experience in the UAE and the rest in Qatar and India. The owner is also a member of the British Institute of Cleaning Sciences.
- With 21 contract workers and 4 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.
- The business has only been operational since this year and hence there are no reported sales.
Products & Services Overview
We have only been operational for a few months and have currently been focused on providing manpower for building cleaning and restaurant cleaning services.
However, we plan to expand our services to provide manpower for:
- Accounting & bookkeeping.
- Facilities management.
- On-demand labor supply (for warehouse supply like Noon)
- 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 in a key location - Dubai Investment Park and has a total area of 420 sq ft. The rent paid is 21k annually.
There is also a rented labor camp in Sonapur for accommodating manpower, with a capacity of holding 50 people currently. The lease paid for this is AED 70,800 per annum.
Both of these lease agreements are valid for year and can be renewed.
Capitalization Overview
The business is under one owner.
Initial funding was done from personal savings and loan. There are no loans and liabilities under the company's name.
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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