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Fiberglass Manufacturing Business for Sale

Fiberglass Manufacturing Business for Sale

  • Listing ID :

    1007
  • Type :

    Buy Business
  • Business Type:

    Business
  • Business Name:

  • Country:

    United Arab Emirates
  • State:

    Dubai
  • Area:

    Al Quoz
  • Asking Price:

    7,000,000 AED
  • Projected gross income for next year:

    10,000,000 AED
  • No Of Employee:

    44
  • Year Established:

    2008
  • Annual Turnover:

    9,795,634 AED
  • Annual Net Profit:

    1,279,093 AED
  • Business Licence:

    Mainland
  • Trading Hours:

    Office 8 am - 5 pm; Factory 6 am - 4 pm
  • Real Estate:

    Leased by the Business
  • Lease Terms Description:

    Annual renewal. Last renewed 3 months ago
  • Leasehold Rent:

    440,000 AED
  • Size of Premises:

    15,000 sq ft
  • Reason for Sale:

    Retirement of the owner
  • Premise details:

    Office area Staff washroom Staff room
  • Facilities:

    Parking space available
  • Past financial performance:

    Turnover of AED 9,374,856 in 2015
  • Information on staff:

    The business has good management in place which enables the business to run smoothly in the absence of the owner.
  • Information on transition to new owner:

    The owner is willing to provide support during the transition period

Business Overview

This fiberglass manufacturing business provides specialist glass reinforced products (Glass Reinforced Concrete, Glass Reinforced Plastic, Glass Reinforced Gypsum etc.). The solutions include a full exterior decor service covering all aspects of this specialised field such as extensions, remedial works, refurbishments, and repairs. Some projects consist of turnkey solutions which include interior fit out works, aluminum, steel and glass works, joinery works, and complete electromechanical works. The business caters to the private, public and commercial sector including a large number of ‘A’ grade commercial organisations. The company has consistent growth in revenue and profit and currently has projects in the pipeline worth more than AED 8 million.

Production of: GRC (Glass Reinforced Concrete) GRP (Glass Reinforced Plastic) GRG (Glass Reinforced Gypsum) Gypsum Ornamental Decoration Fiberglass & Resin Mould Decoration

The business assets include production facility machines as well as 8 vehicles

The business has tremendous opportunity to grow over the next 3-5 years.

DISCLAIMER

This Listing has been produced by a User of our Site and, in accordance with our Terms and Conditions and Marketplace Policy, we are not responsible for the content of the Listing or any information or materials referenced in the Listing. You should undertake your own due diligence in respect of the contents of the Listing and any queries should be directed directly to the Seller using the contact form set out above.

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