Dual-License Contracting And MEP In Sharjah For Sale

Sharjah, UAE, ID 215552

Dual-License Contracting And MEP In Sharjah For Sale 1
Dual-License Contracting And MEP In Sharjah For Sale 1
Asking price:
AED520 000
Cash Flow (per year): 240 000 aed
Sales Revenue: 800 000 aed
Owner
Owner's representative

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Description

Contracting and MEP company in Sharjah with two licences.

Current Work

Five sites are active at present.

  • 2 direct contracting projects
  • 3 manpower supply assignments

Services

  • MEP works
  • General contracting
  • Subcontracting
  • Manpower supply
  • Residential projects
  • Commercial projects

Team

  • Total staff: 16
  • Skilled technicians: 13
  • Administrative and operational staff: 3

Premises

  • Head office: Sharjah
  • Staff accommodation: AED 2,500 per month

Revenue

  • Contracting operations: AED 50,000 to AED 60,000 per month
  • Manpower supply: approximately AED 660,000 per year
  • Construction projects: AED 200,000

Profit

  • Estimated annual profit: approximately AED 600,000
  • Estimated margin: around 30%

Licences

  • 2010: first licence
  • 2020: second licence

Current Business

Manpower supply forms part of the company’s existing business.

The team is working across several project sites.

Growth

  • Additional contracting projects
  • More manpower supply work
  • Expansion under a Dubai licence

Reason for Sale

The owners are open to selling the business.

Further Information

An NDA is required for the remaining details.

Details

Real Estate: Lease
Employees (ppl): 20
Square m2: 37
Asking price: 520 000 aed
Cash Flow (per year): 240 000 aed
Sales Revenue: 800 000 aed
Rent (per year): 28 000 aed

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