Business Summary

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 Yearly Gross Profit:
- AED 1.2 to 1.5 Million Dhs. 

Average Monthly Expense:
- AED 50000 Fifty Thousand 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 

Property Details

Other Business Details

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