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Profitable Elevator Business Investment Opportunity in Ras Al-Khaimah, UAE

Elevator solutions provider specializing in lifts installation, parts, and maintenance in Ras Al-Khaimah seeks investment.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 136 thousand
Run Rate Sales USD 212 thousand
EBITDA Margin 22 %
Industries Elevator
Locations  Ras Al-Khaimah
Local Time 9:27 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 110 thousand for 25.0% stake (Native Currency: AED 400,000)
Reason: Business expansion and development. We want to increase our installation capacity and hire more tech... View More
Includes physical assets worth USD 33 thousand
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Business Overview
- Located in Ras Al Khaimah, the company specializes in providing top-quality elevator solutions, including passenger lifts and goods lifts for both commercial and residential clients.
- Offers comprehensive services that include elevator installation, spare parts supply, and ongoing maintenance to ensure reliability and safety.
- The residential segment is the primary revenue driver, capitalizing on the growing demand for home elevators in modern living spaces.
- Currently operates with a dedicated team of 8 employees, supporting efficient service delivery and customer satisfaction.
- The business has established an operational setup with an office and a pickup van, enabling effective logistics and maintenance service.
- Presently, the company has a monthly capacity of installing 3-4 elevators, with plans to expand this capacity to 6-8 elevators per month post-investment.
- Seeking investors for business expansion, offering a 25% equity stake to enhance operational capabilities and meet increasing market demands for elevator solutions.
- The company has VAT registration and a commercial tenancy contract.
Products & Services Overview
Passenger lifts, goods lifts, spare parts, and maintenance services, used by commercial and residential clients.
Assets Overview
Power tools, technical tools, and vehicles (including a pickup van), all valued at around AED 120,000.
Facilities Overview
Leased office facility with operational setup and 1 pickup van. We pay a monthly rent of AED 5,000.
Capitalization Overview
No outstanding loans; sole ownership seeking investors for equity dilution.
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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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