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#Business ID: 38166

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Profitable Meat UAE Company From Canadian Owner For Quick Sale

Business Location: Al Nahda, Sharjah, United Arab Emirates

Asking Price: AED 200,000 Revenue: AED 1,000,000 Cash Flow: AED 1,000,000


[Real Estate Included]

Business Summary

Last year our group purchased a profitable almost 10 year operating Fresh Meat store in Sharjah. The store had spent close to 200,000 AED in setting up with the best equipment. Our group converted the operation to an online store to allow delivery online across UAE and focus on wholesale of Fresh and Frozen Meat. To save cost we closed the store we had acquired and currently have no overhead expenses.

* We repositioned our company to focus on bringing Canadian meat.
* We have established Canadian importers and UAE buyers. Currently a 200 kg order of Canadian Meat has been placed. Making the company profitable from its first order.
* All items in the retail store are currently being stored and available for viewing. Items in storage are: 5 Chiller including glass chiller, Meat Grinder, Bone Cutter, 3 Metal Tables, Knives and packaging/wrapping, DVR Video (5 Camera), Cash register & labeling PO system, Wrapper machine, Weight Machine and Washing Gun
* Our UAE license allows us to sell frozen and fresh meat across the UAE. This is a Unique License of only 30 meat only license in Sharjah. No new ones are being given.
* This is a license from almost 10 years which will allow you to grow as government institutions look at your years of operations.
* With this license you will get 4 Employment Visa attached and more Quota can be approved.
* We currently have a Corporate Bank Account Emirates Islamic. (Approved for over 600,000 AED transaction) 2 Portable Debit/Credit Machine for payment on delivery. You can add other licenses such as Supermarket and more.

***Why We Are Selling: Our group came across more opportunities in Saudi Arabia and have opened 3 businesses in Saudi. Our investor at the moment is in Canada. We have decided to sell this profitable business for another group to grow. We are happy to help with the transition and contacts. We are also open being a partner and sell part of the company with the right party (such as a existing supermarket who needs a meat license). We are looking to sell quickly and flexible on pricing. Our manager has over 5 years' experience in the meat market in UAE and can help guide your growth. If you refer us or are an agent, we can pay a referral fee. We have more pictures we can share please contact us.

Note: We are selling "as is" and any extra payments from our side will be the responsibility of the new buyer for example annual license renewal fee.

Property Details

Years Established:

2015

Property Type:

Lease

Other Business Details

Business Location:

Al Nahda 2

Miscellaneous Details

Reason For Selling:

Our group came across more opportunities in Saudi Arabia and have opened 3 businesses in Saudi. Our investor at the moment is in Canada. We have decided to sell this profitable business for another group to grow. We are happy to help with the transition and contacts. We are also open being a partner and sell part of the company with the right party (such as a existing supermarket who needs a meat license).

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