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  • Looking for investors for Petroleum Products Trading Company
Looking for investors for Petroleum Products Trading Company

Looking for investors for Petroleum Products Trading Company

  • BXB Listing ID :

    13963
  • Type :

    Raise Capital
  • Business Type:

    Startup
  • Business Name:

    Looking for investors for Petroleum Products Trading Company
  • Country:

    United Arab Emirates
  • State:

    Sharjah
  • Area:

    Hamriyah Free Zone
  • Asking Price:

    545,000 AED
  • No of Employees:

    2
  • Year Established:

    2021
  • Trade Licence:

    Free Zone
  • Real Estate:

    Leased by the Business
  • Lease Terms:

    Annual

Business Overview

Petroleum Products trading start-up in the UAE seeking investor/partner for working capital requirements. Products such as Gasoil / Jet Fuel / Kerosene / Base Oils are to be sourced directly from UAE refineries (ADNOC / ENOC) stored and traded in the local market. Any working capital provided by the investor/partner shall be treated as a loan to the business and shall be fully collateralised and secured against inventory stored in a leased tank facility in Hamriya Free Zone. Minimum AED 365,000 will be the initial working capital requirement for purchase of inventory. There is a AED180,000 non-refundable commitment fee payable by the investor to enter into and participate in the business as a 50 % partner.

Petroleum Products trading start-up in the UAE seeking investor/partner for working capital requirements. Products such as Gasoil / Jet Fuel / Kerosene / Base Oils are to be sourced directly from UAE refineries (ADNOC / ENOC) stored and traded in the local market. Any working capital provided by the investor/partner shall be treated as a loan to the business and shall be fully collateralised and secured against inventory stored in a leased tank facility in Hamriya Free Zone. Minimum AED 365,000 will be the initial working capital requirement for purchase of inventory. There is a AED180,000 non-refundable commitment fee payable by the investor to enter into and participate in the business as a 50 % partner.

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