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Profitable Painting Contracting Company For Sale

Profitable Painting Contracting Company For Sale

  • BXB Listing ID :

    13740
  • Type :

    Buy Business
  • Business Type:

    Business
  • Business Name:

  • Country:

    United Arab Emirates
  • State:

    Dubai
  • Area:

    Business Bay
  • Asking Price:

    350,000 AED
  • No of Employees:

    15
  • Year Established:

    1997
  • Annual Revenue:

    480,000 AED
  • Annual Net Profit:

    250,000 AED
  • Trade Licence:

    Mainland
  • Total Net Assets:

    250,000 AED
  • Inventory Value:

    50,000 AED
  • Real Estate:

    N/A
  • Reason for Sale:

    Investments planning to move to trading platform

Business Overview

A profitable running painting contracting company in Dubai, with good reputation, is available for immediate sale. The company has been running successfully for the last 23 years. The Company has a 23-year-old valid bank account. VAT registration has been done; there is a VAT certificate. The Company is run by 02 partners and 15 staff members with an office. All 15 staff members carry recently renewed valid visas; more staff can be added to the company for smooth operations and profitability. Total income is approximately AED45,000 to AED55,000. Net income is approximately AED20,000 to AED22,000. The Company is already tied up with the main contracting company for the past 23 years. Contracts can be renewed annually. Employees are provided with insurance and workmen compensation. Accommodation, food and other facilities are provided by the main company. Please contact Vidya for further details:+971523131411

    DISCLAIMER

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