BUSINESS DESCRIPTION
This Company is an Interior Design and Fit Out company based in Dubai. It derives a significant portion of its revenue from its specialist joinery.
In just 2 years it has built a prestigious customer base with a high level of repeat business (50-60%).
To support its rapid growth, the Company has made significant investments in additional staff and is currently recruiting in order to support its continuing expansion.
Despite the considerable costs attributed to this, the Company has delivered a significantly improved financial performance in 2016.
The Dubai market is currently in a significant growth phase, as commercial premises are extended and refitted ahead of the 2020 Expo and the anticipated increase in visitors.
With an established and experienced Management Team, operating with minimal input from its shareholders, combined with a reputation for excellence, this Company is in a strong position to leverage these significant market opportunities.
With sales for Q1 already approaching 1m AED, the Company anticipates good revenue growth and a healthy profit by end 2017.
Highlights
• Fast Growing Interior Design and Fit Out Company
• Significant revenue stream from specialist joinery
• Well established team operating with minimum involvement from its shareholders
• Excellent customer base with a high degree of repeat business (50-60%)
• Solid reputation as a reliable, consistent and quality supplier
• Well positioned to grow within a burgeoning market
• Significant portfolio of completed jobs, many within landmark locations
• Established and growing sales team augmented with online marketing to generate sales leads
Financials
• Turnover 2016 AED 3,139,791
• Gross Profit AED 1,746,544
• Adj. EBITDA AED 4095