Rented Commercial Property for Sale in Dubai, United Arab Emirates

For sale: Business center with 43 offices and 120% booking rates located in Dubai.

This Business is on a Premium Plan

Established	5-10 year(s)
Employees	2 - 5
Legal Entity	Sole Proprietorship/Sole Trader
Reported Sales	USD 540 thousand
Run Rate Sales	USD 800 thousand
EBITDA Margin	18 %
Industries	Office Space + 1 more
Locations	Dubai
Local Time	7:47 AM Asia / Dubai
Listed By	Business Owner / Director
Status	Active

8.3 / 10

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Full Sale

Asking Price: USD 10 million (Native Currency: AED 35,000,000)

Reason: The owner is shifting to another business line. We are open for a full sale or lease out of the faci... View More

Includes physical assets worth USD 10 million

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Business Overview

- We are a business center that rents offices.

- We have 43 offices to be rented.

- Have 120% booking for offices at all times. The company gets more bookings per year for renting out the space than what is available. The space is allotted on a first come first serve basis.

- The business only has 3 employees. For all the services, the tenants have to hire their own people. For management of the facility, the company outsources employees.

- The business center is made up of 7 big offices that have been merged.

- Revenue is generated by charging rent to our tenants.

- Sign yearly contracts with our clients with an option to renew the lease.

- Business is owned by 1 person and is debt-free.

Products & Services Overview

The business runs a business center and rents offices.

Assets Overview

Physical assets include the 7 merged offices, fixtures, furniture, and interiors. The intangible assets include the brand, business entity, tenant contracts, and business license.

Facilities Overview

The building and land are common areas. The offices that are rented out are owned by the business.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Owner, Dubai, Business Broker connected with the Business
Earlier than 15 days
Partner, Industrial Gases, Pune, Individual Investor / Buyer connected with the Business
Earlier than 15 days
COO, Real Estate Development, Dubai, Individual Investor / Buyer connected with the Business

Tags:

Rented Commercial Property for Sale in Dubai, United Arab Emirates

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Preleased Property for Sale in Dubai, United Arab Emirates

Purchase Preleased Property in Dubai, United Arab Emirates

Tenanted Property for Sale in Dubai, United Arab Emirates

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Buy Preleased Property in Dubai, United Arab Emirates

Office Space for Sale in Dubai, United Arab Emirates

Buy Tenanted Property in Dubai, United Arab Emirates

Purchase Office Space in Dubai, United Arab Emirates

Buy Office Space in Dubai, United Arab Emirates

Rented Commercial Property for Sale

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Rented Commercial Property for Sale in Dubai, United Arab Emirates

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