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Power Management Business for Events

Power Management Business for Events

  • Listing ID :

    1039
  • Type :

    Buy Business
  • Business Type:

    Business
  • Business Name:

  • Country:

    United Arab Emirates
  • State:

    Dubai
  • Area:

    Dubai Investment Park
  • Asking Price:

    2,500,000 AED
  • No Of Employee:

    11
  • Year Established:

    2008
  • Annual Turnover:

    4,200,000 AED
  • Business Licence:

    Mainland
  • Net Assets:

    1,800,000 AED
  • Trading Hours:

    8 am - 6 pm
  • Keywords:

    Primary and secondary electrical equipment Generators Rental, Temporary Event Power.
  • Real Estate:

    Leased by the Business
  • Lease Terms Description:

    The lease agreement is renewed every 2 years. Rent is paid quarterly.
  • Leasehold Rent:

    201650 AED/annum AED
  • Size of Premises:

    3,800 sq ft
  • Reason for Sale:

    Owner will be Retiring
  • Premise details:

    The office includes a staff room, a manager’s office, an administrative office, the owner’s office and a washroom
  • Facilities:

    Parking spaces are available
  • Information on staff:

    The business has a great management system in place. The office manager brings significant experience to the company.
  • Information on transition to new owner:

    Support could be provided up to 6 months during the transition period.

Business Overview

This business was established in 2008 and provides primary and secondary power solutions to the events industry. Their services include event project management for power, power design installation, consultancy and equipment for rent. They cater to events of any size - concerts, festivals, award ceremonies, exhibitions, corporate programs and sports tournaments across the Middle East. The company’s portfolio includes some of the biggest events in the UAE - Dubai World Cup, the opening of the Dubai Metro stations, concerts and many other high profile sporting events. They have also provided power solutions for many corporate launches of prestige cars. As one of the leaders in the industry, the business has an excellent track record and is very well-reputed in the UAE. The team consists of highly skilled technicians with many years of expertise in the events industry as well as excellent sales and administrative staff.

Distribution Boards from 16 Amp 1 Phase to 1000 Amp 3 Phase Cables Lighting Cable ramps Transformers

The warehouse and office are located in the same building.

This business specialises in power solutions for events and it’s competitive advantage lies in it’s track record, customer base and market reputation.

1) Well-established company 2) Main service provider to the events industry 3) Excellent reputation 4) Excellent growth potential due to Expo 2020 related projects

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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