37 meters Observation wheel for sale in UAE

37 meters Observation wheel for sale in UAE

  • BXB Listing ID :

    24945
  • Type :

    Buy Business
  • Business Type:

    Business
  • Business Name:

  • Country:

    United Arab Emirates
  • State:

    Ras Al-Khaimah
  • Area:

    RAK City
  • Asking Price:

    1,650,000 AED
  • No of Employees:

  • Year Established:

    2019
  • Annual Revenue:

    2,600,000 AED
  • Annual Net Profit:

  • Trade Licence:

    Mainland
  • Business Hours:

    4pm - 12am
  • Real Estate:

    Leased by the Business
  • Reason for Sale:

  • Past financial performance:

    On request
  • Information on staff:

  • Information on transition to New Owner:

    We either sell the wheel as equipment or sell the business with leased space in RAK. IT has little growth opportunities in the current location, but it is possible.
  • _548
  • _726
  • _735
  • _739
  • _571
  • _747

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The main reason to buy this wheel is that it has been discounted to $450 000 (1,650,000 AED) price (previously $720k+) and it is already in UAE. Country of origin - Russia, very high quality of steel. Similar wheel from China will cost you $500 000, but without A/C in each cabin and extra transportation cost. If you plan to have the wheel in GCC installed in a high footfall area, then contact us and we will provide more details.

The wheel has the possibility to being moved to a better location and thus have ROI of less than one year.

Business Overview

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