Property ID : 26032

Business For Sale Make an offer

A successfully running auto related business is looking for an investor.

Advantages: great location, professionally managed setup, and huge potential for future growth.

Secured return is promised through an MOU and Post dated cheques for both the investment amount and the returns. Currently offering 25% annual return on investment.

Ownership/investment is required for the following purposes:

1. Hiring of new staff (converting existing visit visa’s into work visa)
2. Paying for the purchase of new equipment
3. Working capital requirements (investment in stock and receivables)

We are an Auto service center and have a fleet of around 1500 cars. Recently we have managed to get on the panel of insurance companies and have started repairing cars for their clients. Due to the nature of our agreement with these insurance companies, our first payment will be released only after 3 months as such we need to invest our resources for the next 3 months and only start seeing returns after the end of the third month. We have signed MOU’s with these insurance companies and the same will be shared with the potential investor. Our aim is to raise enough funds so we can take on as much work as we can from these insurance companies and see though the first three months.

Kindly note, the business is legitimate and is supported by all the necessary documents.We are entering our growth expansion phase and money is needed to take our venture to the next level.

  • Posted On: June 14, 2016
  • Location: Dubai
  • Cash flow or Profit: AED 183,700 - 367,400

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