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#Business ID: 20684

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Fully Equipped Joinery Workshop

Business Location: Dubai, United Arab Emirates

Asking Price: BUSINESS SOLD Revenue: not disclosed Cash Flow: not disclosed

Business Summary

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Ready Business
Manufacturing
Furniture

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View results:Dubai Ready Business Manufacturing Furniture
Fully-equipped joinery workshop for sale

Views: 15 posted: 11 February 2015 # 40546

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UАE > Dubai > Dubai Investment Park
0

Characteristics

Parameters

Size m2: 1,300
Quantity of labour visas: 45
Establishment year: 2007

ECONOMICS DETAILS

The annual income (AED): 40,000,000
Expenditure per year (AED): 32,000,000
Revenue per year (AED): 8,000,000

TOTAL EXPENSES

Local sponsor per year (AED): 25,000
License fees per year (AED): 50,000
Rent space per year (AED): 420,000
Utility bills per annum ( AED ): 250,000
Salary expenses per year (AED ): 4,200,000

CHARACTERISTIC

Number of employees: 45

Description

Company was created in 2007

Two trade licenses were registered:

1. LLC trade license (including two activities in the registration)
A. Execution of Interior Design work
B. Building Maintenance

2. Workshop (activity of Joinery) professional license

A total area of 13,000 sq.ft. of warehouse were rented in Dubai Investment Park for 10 years, from 07/2007 till 07/2017.

The 4 units of warehouse are converted into a proper operational joinery workshop along with the interiors division company headquarters.

1. Building up a 2400 sq.ft of Mezzanine floor to accommodate the interior division head office.
The offices are designed to overlook the workshop and are elegantly fitted with furniture and decorations to suite its purpose.

2. Provided with all the infrastructure and purchase the Joinery machinery which is all made in Italy

3. Provided with full fire fighting “sprinkler system” for the workshop as per the latest Civil Defense requirements and connected to civil defense 24 / 7 alarm system.

4. Provided additional electrical power to accommodate the joinery machinery and the AC units for the head office.

5. An upholstery division on the mezzanine floor is also provided with power and space, however this division was not developed and utilized.

Company was created to fit in within this slot of clientele/projects, it can provide the same quality of product which is provided by the big conglomerates but with a reasonable cost where the client is assured of value for money.

Given the proper financial support and the right size of project the company can grow without limits.

From 2013 up to December 2014 the total projects value was 12,069,661 AED

Property Details

Size:

1300 m

Years Established:

2007

Property Type:

Lease

Other Business Details

Business Operation Details

Employees:

45

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