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Profitable Elevator Company for Sale in Dubai, UAE

Well-established elevator installation business with a team of 16 specialists and strong brand partnerships.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 270 thousand
Run Rate Sales USD 327 thousand
EBITDA Margin 40 %
Industries Elevator
Locations  Dubai
Local Time 7:04 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 147 thousand (Native Currency: AED 540,000)
Reason: The active partner is planning to retire. The owners are offering the business at a considerate and ... View More
Includes physical assets worth USD 16.3 thousand
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Business Overview
- Business focused on elevator and lift installation and maintenance, operating primarily in Dubai and serving the broader UAE market.
- With more than six years in the industry, the company has carved out a niche in subcontracting work, partnering with notable brands like Hitachi, Hyundai, Fujitec, Toshiba, and TKE.
- As a subcontractor, the business specializes in the complete installation of elevators, predominantly in high-rise buildings, ensuring seamless operation for renowned elevator brands.
- Besides installations, the company offers comprehensive elevator maintenance services, ensuring longevity and safety in operation for its clientele.
- The company supplies trained manpower, providing skilled labor to support the specific requirements of elevator installation and maintenance projects.
- The business maintains solid relationships with 4 to 5 reputed companies, ensuring a consistent workflow and a guaranteed stream of projects.
- With a dedicated team of 16 skilled employees, the company is well-equipped to handle prestigious projects, reinforcing its reputation and reliability within the elevator industry.
- The company has a trade license.
Products & Services Overview
Our top-selling services are:
- Elevator installation.
- Elevator maintenance.
- Supply of trained manpower.
Our primary clients are:
- Commercial real estate developers.
- General contractors.
- Property developers.
Assets Overview
Tangible assets include:
1) 1 Urvan passenger van 2016 model.
2) 1 Suzuki 7 seater van 2024 model.
3) Tools & accessories.
Intangible assets include:
1) Trade license.
2) 16 staff visas.
3) Company goodwill & guaranteed projects.
4) Ongoing projects.
Facilities Overview
- The rented office spans 132 sq ft, with an annual rent of AED 18,000.
- Has 2 rooms for staff accommodation with a monthly rent of AED 5,500 for each room.
Capitalization Overview
- Funded completely by the shareholders.
- No loans/debts.
- There are 3 shareholders with ownership split in the ratio of 38:38:24.
Recent Activity
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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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