Petroleum Company Investment Opportunity in Ras Al-Khaimah, UAE
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 6.8 million |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Petroleum Product + 1 more |
Locations | Ras Al-Khaimah |
Local Time | 9:48 AM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Active |
- Refinery currently produces 3,000 MT/day with a goal to reach 5,000 MT/day in the next quarter.
- We have various end products that depend on the raw material provided by the supplier.
- The price of acquisition from suppliers varies and hence we do not have fixed annual contracts.
- We have clients in the Dubai Free Zone and export our products to Africa and India through agents.
- Clients pay via electronic bank transfer on a cash basis.
- The investor will get a 40% stake in the legal entity that owns and operates this oil refinery.
- The business has stopped its operations due to a fire incident in the plant.
6,000 sq. m of land is worth AED 10 million.
The refinery is located on owned land of 6,000 sq. m. land.
- Business has a debt of AED 600,000 which is to be repaid.
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Earlier than 15 daysDirector, Business Consultancy, Sharjah, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector Of Operations, Oil And Gas Refinery, İstanbuldere, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Oil Derivatives Petroleum Trading, Istanbul, Corporate Investor / Buyer connected with the Business