Need help?

Oil Services Company Investment Opportunity in Abu Dhabi, UAE

Energy-services company in Abu Dhabi, seeking investment as working capital for a $2 million project.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.36 million
Run Rate Sales USD 650 thousand
EBITDA Margin 7 %
Industries Oil Services
Locations  Abu Dhabi
Local Time 4:09 PM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 270 thousand for 10.0% stake (Native Currency: AED 1,000,000)
Reason: We are seeking this funding as working capital for an upcoming project worth USD 2 million. High va... View More
Includes physical assets worth USD 680 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Economic License
Business Overview
1. The business specializes in providing maintenance and construction services for oil and gas refineries, power plants, and petrochemical refineries in Abu Dhabi, catering to the energy industry.
2. With a track record of over 25 completed projects, the company has demonstrated its expertise and experience in the energy services sector.
3. The company has completed 1 project this year with another project in the pipeline.
4. The business operates with a core team of 10 employees and has the flexibility to scale up its workforce by hiring over 60 additional employees on a contractual basis, as per project requirements.
5. The impact of the COVID-19 pandemic on the business is evident, with a decline in sales due to the challenging market conditions in Abu Dhabi and the surrounding region.
6. The company is compliant with local regulations and holds economic and trade licenses.
7. Given the current market conditions, potential investors should consider the business's resilience and adaptability to navigate through the challenges posed by the pandemic and evaluate its potential for recovery in the post-pandemic period.
Products & Services Overview
The business's top services include:
- Maintenance and construction of oil and gas refineries, power plants, and petrochemical refineries.
Assets Overview
Tangible assets:
Tools and tackles in four 20ft containers worth AED 2.5 million. With these tools, we have the capability of servicing 4 plants at once.
Facilities Overview
We operate from a rented office in Abu Dhabi and incur an annual rent of AED 55k.
Capitalization Overview
Has a bank loan of AED 1.2 million and has 2 partners with a 51/49 split.
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
7 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