Electronics Store Investment Opportunity in Amman, Jordan
Established | 10-20 year(s) |
Employees | 50 - 100 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 10 million |
Run Rate Sales | USD 11 million |
EBITDA Margin | 7 % |
Industries | Specialty Retailers + 1 more |
Locations | Amman |
Local Time | 5:31 AM Asia / Amman |
Listed By | Business Owner / Director |
Status | Active |
- Lifestyle retail brand engaged in the retail sale of premier lifestyle products.
- We sell a wide range of products from electronics to personal care.
- Primarily sell products from globally established brands such as Samsung, Microsoft, Sony, and Dyson.
- At present we operate 3 locations in Jordan spanning 2,650 sq. m. which brings in store traffic of 4,000 visitors / day.
- In addition to this, we operate a 41 sq. m. duty-free retail space in the Jordan airport.
- Due to a naturally increasing footfall, our revenue has been consistently growing.
- The business sells 10,000+ products from 360+ global brands and has established a strong supply chain.
- We are now in the process of opening 3 new duty-free airport stores globally for which agreements have already been signed and the store set up is underway.
- The 3 new stores will be located in Kuwait, Sharjah, and Bangalore.
- They are expected to begin commercial operations in the next 4 months.
- The duty-free stores are expected to increase our revenues significantly and also help us diversify across geographies.
- The physical assets owned by the business include retail and display furniture, and inventory.
Personal electronics, entertainment systems, fashion and lifestyle products, books, musical instruments, toys etc.
- Corporate office space of 500 sq. m.
- Retail store: 1,500 sq. m.
- Retail store 2: 850 sq. m.
- Retail Store 3: 300 sq. m.
- Retail Store 4: 41 sq. m.
All facilities are used on lease.
-
Earlier than 15 daysBusiness Development Manager, Jakarta, Business Broker connected with the Business
-
Earlier than 15 daysFounder, Sharjah, Financial Consultant connected with the Business
-
Earlier than 15 daysSenior Investment Advisor, Dubai, Commercial Real Estate Broker connected with the Business