Posted on 15 February 2022
Listing Type : Business for sale
Location : Dubai
Industry : Retail
Price : 2400000
Annual Sales : 5.2 Million
Gross Profit : 1.5 Milllion
Total Expenses : Six Hundred Thousand
Additional Inventory : Three Hundred Thousand

Founded On: 2013 

 

We Sell:

– Mobiles.

– Mobile Accessories.

– Gaming Devices & Accessories.

– Computer Accessories.

– Lifestyle Products & Gadgets.

– Electronics.

– Repairing Service Center for Electronics.

 

Highlights:

– We are a Retail Brand selling Electronics & their Accessories through a Showroom in a Mall in Dubai, + an Online Website.

– The Company has Security Deposit Receivables of an Amount of AED 60,000.

– Company has NO Liabilities & Loans from any Party or Banks.

– Ready Inventory worth AED 300,000, Fixtures, Decoration, Furniture, etc worth AED 400,000.

– Skilled & Experienced Ready Staff Team & Loyal Customer Data Base of 10 Years Mostly from Locals & some of Dubai Government Departments.

 

– The Company has Great Revenue with a 30% to 40% Gross Profit Margin.

 

Description:

– 1,600 sq. ft. Leased till Sep 2024 with the ability to extend further, at Al Mizher area inside a Reputed Mall.

– The Showroom has inside Office for 4 + Small Storage.

– The Rent paid to the Mall is AED 385,000 yearly.

– The lease is transferable to the buyer.

– The Company does not have any Debts & Running on Profit & the New Owner will take it on Profit.

– The Company has a Single Owner with 100% Share.

 

Average Sale Monthly:

– AED 450000 Four Hundred Fifty Thousand Dhs 

 

Yearly TurnOver:

– AED 5 Million to 5.5 Million Dhs

 

Average Monthly Expense:

– AED 50000 Fifty Thousand Dhs 

 

Average Monthly Gross Profit:

– AED 50000 Fifty Thousand to 60000 Sixty Thousand  Dhs 

 

Yearly Turn Over:

– AED 5 Million to 5.5 Million Dhs

 

 

List of Assets:

– Decor & Furniture.

– Stock.

– Office Supply.

– Website & Domain.

– Shop Supplies (Computers, Printers, POS System, Cameras, etc)

– Staff 6.

– Data of Customers.

Reason for Sale:

– The Owner wants to sell the Business due to Personal Reasons.

– Business Valuation is based on the Physical Assets & the Revenue Generation Potential of the Business.

 

Selling Price For the Business:

– AED 2.4 Million 

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