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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.

Premises Details

- 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.

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