Flooring Contractors Business Opportunities

The business has grown from a team of 2 in four years ago to a team of around 20 this year. Have experienced growth from AUD 400,000 in year one, AUD 1,200,000 in year two; AUD 2,360,000 in year three, and projected turnover in year four being AUD 4,500,000 (AUD 2,290,000 for the first 2 quarters of this financial year). A lot of our projects came to fruition last year and so the revenue growth was extremely high due to this. 15 of our team members are installers, while 5 work as estimators and admin teams. We have over 90 active clients with a large portion of our work being government projects. The government awards us projects, we act as the sub-contractors and the government guarantees the payment. We pride ourselves on our business relationships and have over 50 years of experience in commercial flooring both in Australia and parts of Europe.

- Building and construction services provider, based in Dubai. - Services include concrete works, epoxy painting and raised flooring. - Have an active client base of 50, based in UAE - includes both government and private. - Majority of the revenue is generated from government projects. - Dubai Electricity and Water Authority is our top government client. - Private companies include both residential and commercial projects. Commercial projects are warehouses, offices, parking lots etc. - Average duration of a project is 3 to 4 months. - Average value of a project in ~ AED 1 million. - Raw materials are sourced from local suppliers from Dubai. - Completed 4 projects in this financial year and have 1 project in pipeline. - The company has been non-operational during the COVID period and restarted last year. Hence, the generated revenue was less last year compared to the current year. - The business has been operating well with good number of projects this current financial year.