Summary
- Asking price:
-
$1m-5m
- Sales revenue:
- >= $5m
- Net profit:
- Available on request
- Years established:
- 26
- Employees:
- 30
- Relocatable:
- This business can be relocated.
Business description
Established 26 years. Main operation in UAE with branches in other Gulf countries. Retail outlets plus exclusive distribution agreements. Very positive cashflow.
Property information
- Real Estate:
- Lease
- Lease terms:
- Several leases on retail outlets, warehousing and staff accommodation.
- Living accommodation:
- Various staff accommodation (shared apartments)
- Location:
- Well known Dubai and Abu Dhabi locations, plus various chain stores
Other information
- Expansion potential:
- Huge potential but mainly in areas with lower profit margins or higher risk.
- Competition / Market:
- We specialize in niche products - sports, documentaries, childrens',wildlife, budget items, tv series etc. and only competition is from Multinationals (Vigin).
- Support & training:
- Exisiting owner willing to act as consultant for reasonable period
- Reasons for selling:
- Age 65
- Trading hours:
- 9am - 10pm (retail)
- Furniture / Fixtures value:
- $250,000
- Inventory / Stock value:
- $600,000