Profitable Fast Growing Labour Camp Furniture and Safety Wear Supplier for Sale in Dubai

Contact Seller

Listing ID

X-70-R9

Old ID

25164

Asking Price

AED 13,000,000

Owner Involvement

No Involvement

Owner Working Hours Per Week

0

Transition Assistance Period

1 Month

Any Ongoing Major Lawsuit or Regulatory Issue

Country

United Arab Emirates

State

Dubai

City

Sector

Manufacturing Trading

Subsector

General / Retail Trading

Is Franchise

Has Parent

Description

*Leading supplier of Labour Camp furniture and safety clothes and footwear *Great team of 20 employees with management in place *6k sq ft showroom and 5k sq ft storage facility in central location *Inventory of AED 3m+ *Great revenue and profitability ensuring fast ROI *Audited reports and valuation report available for review.

Business Overview

*Over a decade-old company holding own well-known brands in the UAE and drilled in the Construction, Facility management and labour supply companies. The company has very reputed customers well served with a great retention rate. *Offering supplies of Labor Camp furniture, Swimming pool furniture and personal protection equipment. Products include own branded high-quality Steel bunk beds, mattresses, bedding, steel and wooden lockers, water coolers, own branded Sun loungers, cushions and heavy duty beach umbrellas along with swimming pool safety equipment. The company also offers branded personal protection equipment like safety shoes, labor coveralls, safety vests, freezer cold room wear etc. *The team include 5 sales executives and a sales manager, 4 drivers, a store manager and store assistant, a purchasing manager, 3 labour employees and an accountant. *The current owner can remain as a GM if required. *Prime location with a total office and storage area exceeding 11,000 sq ft. *Inventory currently at AED 3m+. *17% growth on the previous year with revenue expected to reach almost AED 20m in 2023. The net profit will be double the 2022 figure. *Highly reputable company with a leading position in its niche. The business holds General Trading License and has a very good banking history. *Audited reports, a valuation report and other documents available for review by interested parties upon NDA.