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Famous Well-Established Fashion Production And Retail Business For Sale

Abu Dhabi, UAE
Asking Price:
AED12,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
AED1M - AED5M
Cash Flow:
Undisclosed

Note: Brokers / Consultants / Mediators Strictly Not Allowed To Contact.

Famous & Well-Established Fashion Industry Business For Sale - Production / Retail.
Abu Dhabi - United Arab Emirates.

Unique & Best Opportunity To Acquire A Very Well Established & Famous Business Since the 1970s

Actively Running Profitable Business

Note: A residential 2-bedroom townhouse owner’s property in Abu Dhabi is also included in the deal. If the residential property is not required, the price will be reduced by 1.5 million AED.

Business: The business has an established customer base across the UAE and GCC and specializes in women’s tailoring, Arab dresses, Abayas, customized garments, embroidery, textiles, and fabrics. The business includes an existing operational setup, stitching equipment, and materials, with a skilled workforce of 50+ employees. The premises is a double-story commercial showroom.

Sales Channels: Retail Showroom / Gallery / Production Workshop.

License since 1991 in Abu Dhabi. (The main license was from the 1980s)

Activities In License:
a) Tailoring and sewing women's Arab clothes (women's Abayas)
b) Tailoring and sewing women's clothes.
c) Retail sale of textiles and fabrics.

Ownership: Owned by an Asian owner.

Business Placements:
Fashion industry market area.
Abu Dhabi, United Arab Emirates.
Total 3-floor showroom on the main road, with 2 side entrances.
Ground Floor: Retail Showroom.
1st Floor: Gallery.
2nd Floor: Production Factory.
Ground Floor Size: 350 sq m.
Total Annual Rent: 314,200 AED.

Business Admin:
Trained & skilled employees.
51 employees. (3 UAE locals / 48 mixed nationalities)
Staff Category: Sales / Tailors / Master Tailors / Dress Makers / Accounts / Admin.
Total Monthly Salary: 124,000 AED

Business Accounts:
Annual Sales: 4.5 million AED. Recorded sales.
Net Profit: 39% - 40%.
Asset Worth: 9 million AED.
Residential Property Value: 1.5 million AED.
Active & very strong bank account.
No liabilities.

Reason for Selling: Liquidating the worldwide assets for equal distribution among the heirs.

Selling complete setup with brand name / management / customers / assets.

Property Information

Real Estate:

Lease

Lease Terms:

Annual

Leasehold Rent:

AED314,200 per annum

Location:

Fashion Industry Market Area - Abu Dhabi - United Arab Emirates

Premises Details:

Toal 3 Floors Showroom On Main Road, With 2 Side Entrance.
Ground Floor: Retail Showroom.
1St Floor: Gallery.
2nd Floor: Production Factory.
Ground Floor Size: 350 Sq Meter.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

YES

Competition / Market:

N/A

Reasons for selling:

Liquidating The Worldwide Assets For Equal Distribution Among The Heirs.

Trading hours:

Any

Employees:
54
Years established:
1991

Other Information

Support & training:

Yes

Furniture / Fixtures value:
AED2,300,000 - included in the asking price
Inventory / Stock value:
AED800,000 - included in the asking price
Relocatable:
This business can be relocated