A glass processing factory for sale in Ras Al Khaimah, UAE producing double glazed and structural glass windows. New plant and equipment. The factory is a state-of-the art manufacturer of insulated window panes used in construction. The Company was founded in January 2007. It is currently fully staffed and producing small orders in a pre-production testing mode, after which time management will safely commit to timeframes for larger orders that require full capacity utilization.

• 1200 square meters per day capacity
• Plant is winning jobs from larger producers that can not deliver
• Competitive cost structure from location in Ras Al Khaimah free zone
• Margin enhancement expected from delivery of power (currently diesel generated)

Investment considerations:

1. High cash-flow return with 2-3 year pay-back on an un-levered investment (33% to 50% ROI)
2. Highly experienced management team and staff in place.
3. Low valuation expectations are priced for quick sale due to personal issues.
4. Near term market demand is strong due to construction pipeline in local market over next 1-2 years and high capacity utilization at competitors
5. State-of-the art facility and new equipment will yield a competitive advantage over lower quality, less efficient competitors
6. Gross margins in excess of 50% on basic glazed window products and gross margins greater than 70% on niche products such as glass shower stalls
7. Current margin forecasts based on diesel generation with a 10% improvement in cost competitiveness when electricity is delivered, currently expected in late 2009 or early 2010.
8. Relatively low working capital requirements due to low inventory requirements and PDC payment on delivery