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Newly Established MEP Construction Business Seeking Loan in Dubai, United Arab Emirates

MEP construction company having 2 ongoing projects seeks a loan.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 230 thousand
EBITDA Margin 35 %
Industries MEP Construction
Locations  Dubai
Local Time 1:59 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 8.2 thousand for 9.5% annual interest, 1 year (Native Currency: AED 30,000)
Reason: To mobilize workers from India.
The funds required is addition the profits generated.
Collateral Available: USD 0
Includes physical assets worth USD 1.36 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Trade License
Office Rental
Establishment Card
Purchase Order
Business Overview
- Location: The business is strategically located in Dubai, a global hub for construction and infrastructure development, offering significant growth opportunities and access to a robust market.
- Projects: The business currently has 2 ongoing projects, with each project typically taking 2-3 months to complete. This reflects a steady project pipeline and potential for revenue generation in the short to medium term.
- Promoter's Experience: The promoter of the business brings 30 years of experience in the MEP construction industry, providing valuable expertise and industry knowledge to drive business growth and success.
- Employee Structure: The business operates with contract-based employees, offering flexibility in workforce management and cost control.
- The business was registered only at the end of last year and as a result, the sales reported were lower.
- The promoter is currently in India and will be going back to Dubai shortly.
Products & Services Overview
Electrical and mechanical work for high-rise buildings.
Assets Overview
Tangible assets include only furniture and desktops.
Facilities Overview
Office is located in the center of the city on a 16 sqm. Annual rent is AED 24,000.
Capitalization Overview
- Company has 1 owner.
- Business has no loan.
Recent Activity
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1 Investor contacted this Business this week. 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.
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