Profitable Truck Rental Company Seeking Loan in Dubai, United Arab Emirates
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 1.5 million |
Run Rate Sales | USD 1.5 million |
EBITDA Margin | 40 % |
Industries | Construction Machinery + 1 more |
Locations | Dubai |
Local Time | 1:26 PM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Active |
- Business is involved in offering services such as bush clearing, passage making from one village to another (i. e. road works), building foundations for individuals villas & others, clearing of the sandpit.
- Our company has worked on government maintenance projects and individual business projects.
- We have offices in Dubai as well as in Africa.
- We seek a loan to expand our business and buy upgraded machinery and the capital that we require is US$ 1,000,000.00 [i. e. USD one million].
- This amount will be repaid in five years @ 15% profit per annum.
- Utilisation of the funding will be as follows: approximately 75% will be used for the procurement of good quality earth moving machines, water tankers & trucks and, 4% will be used to refurbish /overall service and up-gradation of existing earth moving machines, while the remaining 21% will be used for working capital, which includes clearing costs for the machines' arrival at the destination.
We provide services such as supplying earthmoving machinery equipment, spares parts & crushers equipment (with higher TPH) in Dubai and Africa.
The assets that we own are one caterpillar dozer, one Komatsu wheel loader, one JCB wheel loader, one caterpillar grader, and one Jeep.
Our company has offices in Dubai and Africa. Both the offices are on rental property with a built-up area of approximately 2,500 sq. ft.
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Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
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Earlier than 15 daysManaging Director, Dubai, Law Firm connected with the Business
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Earlier than 15 daysManaging Director, Investments, Delhi, Corporate Investor / Buyer connected with the Business