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