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  • Profitable 16 Years old IT business for sale
Profitable 16 Years old IT business for sale

Profitable 16 Years old IT business for sale

  • BXB Listing ID :

    3443
  • Type :

    Buy Business
  • Business Type:

    Business
  • Business Name:

  • Country:

    United Arab Emirates
  • State:

    Dubai
  • Area:

    Al Rigga
  • Asking Price:

    6,000,000 AED
  • No of Employees:

    20
  • Year Established:

    2004
  • Annual Revenue:

    5,100,000 AED
  • Annual Net Profit:

    532,000 AED
  • Trade Licence:

    Mainland
  • Total Net Assets:

    1,370,000 AED
  • Business Hours:

    9 to 6
  • Real Estate:

    Leased by the Business
  • Reason for Sale:

    owners planning to relocate

Business Overview

A Well established company operating in the UAE market for 16 years. Dealing with IT Infrastructure and solutions for UAE government, Banks and various enterprise customers including federal government with 20 no’s of employees. The company has running contracts, projects in all the sectors. There is no loan neither liabilities nor any financial disputes. Partners are ready to continue working to make sure the study growth if the buyer insists. On top of 535,000 in profit partners are taking 768,000 AED in salaries and allowances so the total net profit is over 1M AED. Interested parties can visit and valuation can be carried out.

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