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Rapidly Growing, Highly Profitable, Low Risk Retail Business In Dubai For Sale

Dubai, Dubai, UAE
Asking Price:
$1M - $5M (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (USD)
Cash Flow:
$500K - $2.5M (USD)

This leading manufacturing and retail business of domestic home improvement products has seen great growth in an underserved market. The business was created in 2017 when the owner identified a hole in the UAE market. This was based on experience in other international markets where the product range is a strong seller in the residential and commercial space.

The rapidly growing business is almost entirely built on customer referrals as community groups and customers experience the exceptional service and high-quality products. As such, Google and Facebook ratings are 100% five-star reviews.

There is a huge opportunity for growth and introduction of complementary products. The owner is willing to share a range of new product ideas that have proven success in similar international markets. Expansion into the Abu Dhabi market is ready to deploy and there is little competition in this region.

Key figures:
• 54% previous 12 month growth
• AED 2.5 Million revenue last 12 months
• 20% profit margin

Quality active sales funnel with high conversion ratio:
• 3 x active websites with top search results. Over 10 search terms generate 1st position in Google search.
• Instagram profiles (over 2,000 followers, 800 posts)
• High ranking Google Business listing
• Highly recommended in community social media groups
• High number of referrals by existing clients

Active customer landscape with low competition:
• Existing homes and new developments have a constant need for our products
• No direct competition for one of the products – only provider in the Middle East
• Limited competition

Highly trained management, sales and manufacturing team. The current owner attends to the business a few hours a week with only a small involvement in day to day operations. The business systems are well developed for a relatively young business and all the necessary staff are in place to take care of the daily running of the business.

• Sale includes all assets including stock on hand (approx. 200,000 AED, 5 x vehicles, furnishing and machinery.
• Current owner will provide full handover.
• Business requires as little or much active owner involvement as you desire.
• Profitable from day one for the new owner.
• Current owner willing to sign a non-compete agreement.

Reason for sale: owner preparing for transition back to home country.
Business license can be fully 100% foreign owned in accordance with recent Dubai government announcements.
Detailed financials will be provided once non-disclosure agreement is signed.

Serious prospects only and be prepared to provide validating information including:
• Why you are interested in purchasing a business like this
• Your approximate timeframe
• Your business experience
• Your financial capability

For further information please contact us using the webform below.

Property Information

Real Estate:

Lease

Lease Terms:

12 months

Leasehold Rent:

$18,000 (USD) per annum

Location:

The business manufactures its products in an industrial location that has excellent lease costs and provides great access to all market areas in Dubai. The business does not have a show room which reduces operating costs and uses its mobile sales team to meet clients in their residences.

Premises Details:

2700 sq ft manufacturing facility with 3 phase power and an air-conditioned office area.

Business Operation

Expansion Potential:

Excellent opportunity for increased growth and introduction of complementary products. A simple paid social media compaign will bring instant sales results with an excellent return on investment. There is alos opportunity for wider UAE growth (Abu Dhabi specifically) and across MENA.

Competition / Market:

This business model has been highly successful in similar overseas markets. With very little competition the potential market opportunities are excellent.

Reasons for selling:

Owner transitioning back to own country

Trading hours:

9am to 6pm Saturday to Thursday

Employees:
12
Years established:
Four

Other Information

Support & training:

Owner willing to provide full handover

Furniture / Fixtures value:
$50,000 (USD) - included in the asking price
Inventory / Stock value:
$60,000 (USD) - included in the asking price

Contact Seller

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