Footwear Wholesale Company for Sale in Dubai, United Arab Emirates
For Sale: Distribution of footwear (men's/ladies/children) to major hypermarkets and stores across the GCC.
This transaction has concluded.
Premium Plan
| Established | 30-40 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 1.25 million |
| Run Rate Sales | USD 490 thousand |
| EBITDA Margin | 20 % |
| Industries | Footwear Wholesale |
| Locations | Dubai |
| Local Time | 8:21 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
136 thousand
(Native Currency: AED 500,000)
Reason: Founder is moving back to his home country and wishes to sell the business as soon as possible.
Includes physical assets worth
USD
27 thousand
Interested to connect with advisors
Documents
Trade License
(158.1 KB)
Business Overview
- 25-year-old Dubai based company specializing in footwear trading.
- Company imports footwear from China, India and also procure from the local market depending on the demand.
- Products are supplied to hypermarkets and retail stores across GCC.
- Customers are multiple major hypermarkets with more then 25 outlets each in the UAE which provide an early payment scheme within 10 days from date of invoice. Our clients also include famous retail store brands in malls with over 50 outlets in the GCC.
- Sale would include the entire business and physical assets.
- Additional assistance such as (salesman/ accountant) also could be provided to grow and maintain sales records and look after operations on a day to day basis.
- Sales have dropped in recent times due to the ongoing pandemic.
- Company imports footwear from China, India and also procure from the local market depending on the demand.
- Products are supplied to hypermarkets and retail stores across GCC.
- Customers are multiple major hypermarkets with more then 25 outlets each in the UAE which provide an early payment scheme within 10 days from date of invoice. Our clients also include famous retail store brands in malls with over 50 outlets in the GCC.
- Sale would include the entire business and physical assets.
- Additional assistance such as (salesman/ accountant) also could be provided to grow and maintain sales records and look after operations on a day to day basis.
- Sales have dropped in recent times due to the ongoing pandemic.
Products & Services Overview
- Import footwear from China, India, purchase from the local market and supply to hypermarkets and stores.- Book merchandises for customers as per requirement.
Assets Overview
- Vehicles (2008 Toyota Hiace, 2012 Toyota Hiace), stock, CCTV, key accounts in major stores & hypermarkets in the GCC.- All supplier and vendor details will be handed over.
Facilities Overview
- Warehouse location in Ras Al Khor of 3,500 sq ft with an in-built office space.- Rent is AED 75K until next year (includes office and warehousing).
- Property has CCTV for additional security.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysCEO, Dubai, Financial Consultant connected with the Business
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Earlier than 15 daysPartner, Law Firm - Investments, Bengaluru, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysBusiness Development Manager, Engineering, Abu Dhabi, Individual Investor / Buyer connected with the Business
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