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Testing, Inspection & Certification Company Investment Opportunity in Dubai, United Arab Emirates

Company providing third-party elevator safety consultancy services accredited by EIAC seeks a partner.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales INR 1.53 crore
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mechanical Services + 1 more
Locations  Dubai
Local Time 8:16 PM Asia / Dubai
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
INR 1.28 crore for 60.0% stake (Native Currency: AED 550,000)
Reason: Majority owner/GM is relocating temporarily and wants to hand over the company to someone who can fu... View More
Includes physical assets worth INR 23.3 lakh
Interested to connect with advisors
Documents
TRN Certificate
Trade License
Business Overview
Established in 2015, the company has gained far and wide-reaching market presence with over 1,000 clients in its database.
Business has reputation for providing quality services because it is client driven.
We had to stop operations last month due to company restructuring and require an investor to restart the operations.
Business has a lot of recurring clients.
Clients are mostly from transportation, construction and hospitality sectors.
Products & Services Overview
Independent third party inspection and training company accredited by EIAC/Dubai municipality to carry out a range of inspections under ISO-17020 for a wide range of mechanical tests for lifting equipment & accessories, and earth-moving machinery as well. Company also holds Trakhees and Dubai South approvals.
Assets Overview
Its main asset is the accreditations it holds from various agencies along with the goodwill it has built in the 8 years it has been operating. It also has physical assets including vehicles, tools, inspection and testing equipment of about AED 100k.
Facilities Overview
Rented office space of 800 sq ft in Port Saeed, Dubai. We pay AED 50k lease per annum.
Capitalization Overview
Financing is required urgently in order to continue servicing long-term clients and maintain existing contracts with various facility management companies as well. Immediate needs include hiring staff for the engineering and marketing departments.
Business has 2 partners.
Have liabilities related to employee wages and severance.
Business has one active bank account.
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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