Shipbuilding Company for Sale in Sharjah, United Arab Emirates

For Sale: Company engaged in building, repairing, and demolishing marine equipment, spares and ships.

Established 10-20 year(s)
Employees 50 - 100
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.1 million
Run Rate Sales USD 1 million
EBITDA Margin Nil
Industries Shipbuilding
Locations  Sharjah
Local Time 3:36 AM Asia / Dubai
Listed By Management Member
Status Active
Overall Rating
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
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
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.

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.

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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