Retail outlet for supplements operating for 3 years.
– The retail outlet is strategically positioned between all the plush gyms in Al Qouz.
– Catering to all the members of 10-15 gyms in the vicinity. Each of these gyms has an average member strength of 1,500 members approximately.
– The footfall has increased drastically since the time of inception as we hold more than 100 brands and are very competitive in our pricing.
– We have some excellent testimonials from our customers on google.
– We have an organic following of 12k followers on Instagram.
– Top international athletes and Bollywood actors make sure to visit the store occasionally. The last actor to visit our store was Sanjay Dutt himself.
– We have delivery across all the other emirates in the UAE with the service level agreements of delivery within 90mins to our customers in Dubai, Sharjah, and Abu Dhabi.
– Apart from retail we also hold distribution rights for two brands in the UAE.
– We have a good wholesale channel and we supply a lot of local stores and gyms.
– An export segment of our business has seen substantial growth over the years. We are currently exporting to countries like South Africa, Maldives, Pakistan, Iran, Oman, Qatar, Iraq, and Saudi Arabia.
– Business earns equally from exports and domestic sales.
– Business is very profitable and requires additional investment to scale up and become more successful.
– Already in the third year of its operations the business is achieving a turnover of AED 2 million which is definitely going to increase rapidly due to the goodwill the store holds in the UAE Market.
– we are always maintaining a stock level of more than AED 600,000 without blocking funds for stocking inventory.
– It definitely becomes a hub for all professional athletes and fitness enthusiasts.
– Company has 2 permanent employees. Our retail store is located in the middle of all plush gyms in Dubai and we are known. We have a very good footfall at the store. Apart from that the employees have been in the industry for over 10 years so they have a big network overseas and in Dubai. This is a revenue of high turnover per employee.
We deal in various products related to fitness & bodybuilding.
1. Proteins, pre-workout, mass gainers, weight loss products, and recovery supplements.
2. Health and wellness products.
3. Sports accessories.
5. Healthy snacks and ready-to-drink shakes and pre-workouts.
6. BMI & consultation for all clients.
The business operates across different channels:
A) Retail.
B) Export.
C) Wholesale.
D) E-commerce.
E) Other online platforms like Instashop.
Physical assets include: Interior fitting & furnishing, computers, printers, in body 270, lights & sound system, accounting software, ACs, fridges, CCTV cameras, internet router, landline phone, e-commerce website, and all the inventory/ stock.
Intangible assets:
1. Exclusive contracts with the suppliers in the UAE.
2. Distribution rights for the UAE & Middle East for 2 brands.
3. Rich customer database that has been collated over the period of 3 years.
4. Export network.
5. Gyms network.
6. Overall the goodwill we have in the market is outstandingly extraordinary.
It is a 2,000 sq. ft with a mezzanine floor converted into a retail store for supplements in Al Qouz. The biggest store for supplements the UAE has ever seen. The rental agreement is valid until mid of the current year.
– The business is generating enough money to pay all expenses and generate revenue.
– Two shareholders – daughter and father with 51% and 49% stake.
– Family-owned business.
