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#Business ID: 15800

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Abu Dhabi Based Real Estate Brokerage & Property Management Business

Business Location: Abu Dhabi, United Arab Emirates

Asking Price: AED 120,000 Revenue: not disclosed Cash Flow: not disclosed

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

Description:

An established Abu Dhabi based Real Estate firm is for sale for only AED 120,000.

Company Highlights:

Established Landlord Database of Developers & Private Owners
Established Client database
Established Website, Company Stationary, and marketing portal accounts ( Property Finder, Just Rentals, and Bayut): Monthly Cost of Approximately AED 5,000
Licensed Activities: Property Construction & Development, Property Sales / Brokerage Services, Leasing and Property Management Services.

Included in Sale Price:

Free UAE National Sponsorship until May 2014.
2 HP Desktops
Office Rent Until End of December 2013 (Optional). Monthly Rent for office space for 5 employees - AED 8,000pm.

Payment Terms:

20% Deposit Upon Signing Prelimenary Sale Agreement
50% Upon Signing Partnership Agreement and Trade License Ownership Change
30% PDC within 30 days from signing the Sale Agreement

For additional information or clarification, only series interested investors are welcome to contact us to setup a meeting.

Kindly do not call the office or discuss with employees. Message us using the form below and we will contact you.

Property Details

Years Established:

0

Property Type:

Lease

Other Business Details

Business Location:

Al Wahda Commercial Tower

Premise Details:

Currently renting an office space for 5 in a business center. Looking to move out by October 2013

Competition:

On the brokerage side, there are 6-8 identified brokers. However, Sanctuary is looking to differentiate its offering by focusing on leasing furnished and short term + focusing on commercial leasing & Sales added to marketing and added value services.

Expansion Potential:

We would like to expand in Northern Emirates (Dubai & Rak). Followed by expansion into Morocco, Egypt, and Jordan.

Website:

Please login to view business sellers website

Business Operation Details

Employees:

3

Trading Hours:

9 am - 5pm (Sunday to Thursday).

Support & Training:

All relevant trainings will be provided. There are certified trainings offered by the Real Estate Regulatory Services.

Relocatable:

Business Relocatable

Miscellaneous Details

Reason For Selling:

Increase Capital

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