Petroleum Company Investment Opportunity in Ras Al-Khaimah, United Arab Emirates

- The company owns and operates an oil refinery located on 6,000 sq. m. of owned land.

- 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.

Finished product: light fuel, light Naphtha, heavy fuel, benzene, and diesel.

Refinery column, heaters, condensers, tanks, and other high value refinery equipment worth AED 30 million.

6,000 sq. m of land is worth AED 10 million.

Refinery plant operation area of 2,000 sq. m. , 2-floor building with offices located on the plant premises.

The refinery is located on owned land of 6,000 sq. m. land.

- The company has 3 directors who run the business.

- Business has a debt of AED 600,000 which is to be repaid.