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#Business ID: 13286

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15 Year Old Fragrance Business

Business Location: Dubai, United Arab Emirates

Asking Price: $ 1,800,000 Revenue: $ 1,000,000 Cash Flow: $ 100k to 250k

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

We are a 15yr old business based in the UAE. Our core business is trading fragrance oils in bulk to the perfumery, cleaning and cosmetic industry across the GCC.

We also do contract manufacturing, i.e. filling and packaging of perfumes.

Our turnover is a little over AED3 million p.a. (USD 1million). The business has an established clientbase and with the right management and injection of investment, the business has a great base to reach new heights.

Property Details

Years Established:

15+

Property Type:

Lease

FF&E:

$ 52,000

Inventory Value:

$ 578,000

Real Estate Value:

$

Other Business Details

Business Location:

UNITED ARAB EMIRATES

Premise Details:

RENTAL

Competition:

MODERATE

Expansion Potential:

THE BUSINESS CURRENTLY COULD DO WITH A CASH INJECTION OF AROUND USD 150000 (one hundred & fifty thousand usd) to strengthen the sales and manufacturing process. The business has an established customer base and distinct edge over competitors in terms of its selling process and historical reputation.

Business Operation Details

Employees:

7

Trading Hours:

6-Sep

Support & Training:

the ownership would be happy to be part of the workforce for 1.5 year after sales inorder to familiarize the new ownership with the customers base, selling process, products, formulations and general business admin procedures

Relocatable:

Business Relocatable

Miscellaneous Details

Reason For Selling:

The leadership of the business is due for retirement and the second generation is looking for new challenges.

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