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Oil Equipment Company for Sale in Abu Dhabi, United Arab Emirates

For Sale: Company leasing out machinery and equipment to oil & gas companies.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 330 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 20 %
Industries Oil Equipment
Locations  Abu Dhabi
Local Time 5:31 PM Asia / Dubai
Listed By Advisor / Business Broker
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 2.7 million (Native Currency: AED 10,000,000)
Reason: The owner is retiring and wishes to sell this business.
Includes physical assets worth USD 2.2 million
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Business Overview

- The company leases out heavy duty machinery and equipment to oil and gas companies.

- These tools are required by these companies for executing their large scale oil & gas projects.

- The company has over 50 clients which are typically big companies in the oil & gas industry. Clients are spread across Middle East, Asia, Algeria and Kazakhstan.

- Machinery is rented for a minimum period of 1 month. However, the leasing periods is 1 to 2 years on average. Payment is collected throughout the leasing period.

- The company is approved by ADNOC.

- The business possess ownership of multiple units of the same equipment and can undertake multiple leasing contracts at one given time.

- This is an extremely valuable business due to the industry generated goodwill and a strong client database.

Products & Services Overview

Company leases out heavy duty machinery and equipment such as:

- Drilling machines.

- Generators & stabilisers.

- Fishing tools.

- Hummers & oil pumps.

Assets Overview

Physical assets include:

- Complete set of oil & gas machinery and equipment.

- Office furniture and interior fittings.

Facilities Overview

- The business runs operations from a rented facility in Abu Dhabi.

- The company also has a rented warehouse for the storage of machinery and equipment.

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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