Shipbuilding Company for Sale in Sharjah, United Arab Emirates
For Sale: Company engaged in building, repairing, and demolishing marine equipment, spares and ships.
This transaction has concluded.
| Established | 20-30 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 1.1 million |
| Run Rate Sales | USD 980 thousand |
| EBITDA Margin | Nil |
| Industries | Shipbuilding |
| Locations | Sharjah |
| Local Time | 6:52 PM Asia / Dubai |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
3.3 million
(Native Currency: AED 12,000,000)
Reason: Promoter is seeking to sell the business due to relocation plans.
Includes physical assets worth
USD
2.7 million
Business Overview
- Primarily engaged in building, repairing, and demolishing ships and its equipment.
- Cater to 12+ clients every year and have built 6 ships till date.
- Have hired a group of highly qualified engineers, experienced, and certified welders who are experienced engineers.
- Cater mainly to the marine industry.
- Employees are capable of implementing any kind of repair work such as survey, guarantee, ship conversion, and steel fabrication work.
- We also construct turnkey vertical oil storage tanks.
- The revenue has dropped due to the COVID-19 pandemic.
- Cater to 12+ clients every year and have built 6 ships till date.
- Have hired a group of highly qualified engineers, experienced, and certified welders who are experienced engineers.
- Cater mainly to the marine industry.
- Employees are capable of implementing any kind of repair work such as survey, guarantee, ship conversion, and steel fabrication work.
- We also construct turnkey vertical oil storage tanks.
- The revenue has dropped due to the COVID-19 pandemic.
Products & Services Overview
Building, repairing and demolishing ships and equipment.
Assets Overview
Physical assets include heavy machinery, including drilling, and welding machines. Intangible assets include the brand and the goodwill.
Facilities Overview
Rented place with office space of 25,000 sqm with monthly rent AED 36,000.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFinance Director, Solar Energy, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Marine, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Marketing & Production, Limassol, Corporate Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
