Robust Social Media Following: The business maintains a substantial social media presence, reflecting a loyal customer base.
Impressive Financial Performance: Despite being managed remotely from overseas for the past year and a half, the business continues to perform exceptionally with a net profit of AED 420,000 in the latest fiscal year on revenues of AED 1.01 million. In 2021, the revenues were as high as AED 1.56 million with net profits of AED 720,000
High Potential for Growth: Operating currently in a laid-back mode, the potential for growth is significant for an on-site owner. With more frequent collection launches and active management, the business has the potential to return to and surpass its previous performance highs.
Transition Support: Comprehensive business handing over and support will be provided to ensure a smooth transition and continued success.
Valuation and Sale Price: The business is valued based on a multiple of revenue, with a fair value estimate using peak performance metrics at around AED 3.4 million. Due to a desire for a timely sale, it is currently offered at a highly attractive price of AED 1 million (negotiable for a quick transaction).
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