This leather trading business has been operating for three years, specializing in premium leather services for cars and furniture. The company has built a strong reputation in the market, supported by a loyal customer base and consistent demand for high quality automotive and furniture leather work.
The business operates from a warehouse located in Al Quoz, a strategic industrial hub that offers easy access for both retail and corporate clients. Approximately 80% of customers are repeat or long term clients, reflecting strong service quality and market trust. The warehouse spans 1,100 sq. ft., providing sufficient space for storage, production, and workflow efficiency.
The annual rent for the warehouse is AED 84,000, payable in four cheques. The business is supported by a team of four staff members, including one accountant and sales personnel. The owner also works full time in the business and draws a salary as the manager. Monthly salaries include AED 32,000 for the owner manager and AED 13,000 for the remaining staff.
The business generates strong financial performance with monthly revenue of approximately AED 230,000 and annual revenue reaching AED 3 million. Monthly profit averages around AED 80,000 after covering salaries, rent, and operational expenses. The company also owns valuable assets including Sihai 2014 model valued at 40k, two Vigo units valued at 30k, and a Mitsubishi Fujairah vehicle valued at 45k, totaling approximately 75k in assets.
With a solid customer base, stable revenue, and fully equipped operational setup, the business presents a strong opportunity for buyers seeking a profitable leather service operation. The asking price is AED 1.7 million, with room for negotiation, and the business works with well known brands such as Mansory and Qiwani.
More details will be provided after signing the NDA.
