Elevator Businesses For Takeover

- We are a leading provider of elevator and escalator solutions in Dubai, with a significant market presence in the residential and commercial sectors, serving a diverse client base of over 5,000 customers. - The business assembles elevators and escalators in the factory and even customizes these products based on client requirements running at a capacity of about 200 units per annum. - With a substantial employee base of 205, the company operates in multiple locations including Dubai, Abu Dhabi, KSA, and Sharjah, highlighting its regional reach and market penetration. - We have established a strong maintenance portfolio valued at 6 million AED per annum, reflecting a commitment to ongoing customer service and support, which contributes to long-term revenue streams. - Notable clients such as Dubai Police, Dubai Municipality, and others underscore the business's credibility and reputation within the industry, enhancing its potential for continued growth and contract opportunities. - The company's awarded bronze ranking from a governmental organization signifies its recognition for quality and standards, further accentuating its competitive position in the market. - With signed projects in the pipeline worth 30 million AED, the business demonstrates a robust outlook for future revenue generation and expansion, indicating its readiness for further investment or potential acquisition. - We have exclusive agreements with European and Chinese distributors for elevator and escalator equipment.

- Company engaged in the installation, manufacturing, and trading of elevators as units as well as dealing spare parts of an elevator. - Have a network of 30 to 35 suppliers for raw materials and parts. - To date, we have served 500 customers and our clients are mostly hotels, apartments, and big chain hospitals. 95% are associated with us for yearly renewal CMC. - We are an “A” class electrical govt contractor and ISO 9001-2015, OHSAS 45001-2018 certified company. - Business does not have any loan and is run by 2 partners with equal equity stakes in the company.

- Our client is a leading manufacturer and supplier of elevator control systems since 25 years. - As the company operates in a highly specialised industry, its client segmentation is very refined and is focused on businesses operating in the elevator industry. - The business currently has 50 to 100 major lift companies as its clients. - The company has demonstrated its resilience during the COVID-19 pandemic with continued and stable sales along with no employee layoffs.

- We are an ISO 9001-2008 company having international certifications from Liftinstituut, Netherlands and our elevators also comply with Karnataka Lift Inspectorate Department from Government of Karnataka. - Our expertise lies in producing high-rise, mid-rise and low-rise elevators for freight, passengers and dumbwaiters. - The company also deals in customization of products to different elevator shafts which help in achieving maximum floor spaces to architects and developers. - We receive 25-30 orders on a monthly basis. - The Company has strategic tie-ups with some of the best OEM companies (mostly from Germany) for material sourcing. - The product line has been standardized and follows EN81 standards and norms. - Company has designed and installed more than 1,000 elevators till date & has retained 98% of the AMCs. - We directly supply our products to end customers and our clientele consists of prominent builders, banks, and industrial corporations. - We mainly receive orders from client references and repeat customers. - We use serial based controllers in our elevators which help in retaining the customers on maintenance portfolio. - 23% of the revenue we generate are from AMC and rest are from sales and installation. - Buyer would get the complete business with the brand, furniture, machinery, equipment, website, receivables. Land is not part of the transaction but the buyer can continue in the same facility by paying rent.

- Clients are cement companies, power companies, fertilizer manufacturers, chemical companies, salt-handling plants, etc. - Business has roughly 20-25 repeat customers. - Ultratech, JSW Cement, JSW Steel, Mukund Iron & Steel, Aditya Birla Chemical Division, etc. are some clients. - Business has one of the largest setup with large goodwill. Clients come in without marketing.