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