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Frozen Food Company for Sale in Dubai, UAE

For Sale: Stable and long-running import and distribution of frozen food business in Dubai.
This transaction has concluded.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 5.4 million
Run Rate Sales USD 5.9 million
EBITDA Margin 12 %
Industries Frozen Food
Locations  Dubai
Local Time 6:57 AM Asia / Dubai
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 4.2 million (Native Currency: AED 15,500,000)
Reason: The owner is looking to sell the business as they are retiring. The advisor does not charge any fee ... View More
Includes physical assets worth USD 540 thousand
Documents
Seafood Products
Meat Products - 1
Meat Products - 2
Warehouse
Business Overview
This business specializes in the import and distribution of frozen food, with a focus on meat products.
They have a well-developed client base, who are continual repeat clients.
Based out of a cold storage warehouse in Al Qusais, the business has its own fleet of specialized vehicles capable of frozen food delivery.
The client base is primarily based in Dubai, providing an opportunity for expansion into the neighboring Emirates and further afield.
The team consists of the retiring owner, followed by a very experienced General Manager, Finance Manager, and assorted warehouse and logistics staff.
Currently, annual revenues are around AED 20M, with a gross profit of around AED 2.5M and a net profit of around AED 1.5M.
These figures have been consistent over the past few years, even during the covid pandemic.
Growth opportunities include expanding the client base into HORECA clients, building a base to enter the Abu Dhabi market, and even offering an online e-commerce B2B revenue stream.
This is a very stable business opportunity, ideally looking for someone who has expertise in the implementation of technologies to drive results and expansion.
Full support is available from the outgoing CEO for a period of time, along with third-party consultants, if so requested.
We have 25 big customers and 115 customers overall and our main segment of customers is B2B since this is a business based on volume we are able to generate high sales with low employees.
Products & Services Overview
Import and distribution of premium frozen meat, seafood, vegetables, and dairy products to restaurants and chains across the emirate of Dubai.
Assets Overview
Inventory (approx. AED 2M)
Business vehicles.
All specialized equipment and furnishings.
Facilities Overview
327 sqm of leased office space and dedicated cold storage warehouses in Dubai. The rent is AED 205k a year and it is located in Al Qusais.
Capitalization Overview
No outstanding debts in the business.
Three shareholders in total, including a local - with the local having 51% share.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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