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Grocery Shop for Sale in Al Ain, United Arab Emirates

For Sale: Wholesale and retail Business of fresh fruits & vegetables in Al Ain.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 98 thousand
EBITDA Margin 5 %
Industries Agriculture Wholesale + 1 more
Locations  Al Ain
Local Time 1:30 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 15.8 thousand (Native Currency: AED 58,000)
Reason: Owner is looking to move out of the country.
Includes physical assets worth USD 13.6 thousand
Documents
Commercial License
Store Front
Street View
Business Overview
- Business trading in fruits and vegetables, based in Al Ain, UAE.
- The fruits and vegetables are purchased from 3 agents who are in charge of multiple farms in Al Ain.
- We further sell the food items to over 50 restaurants and shops.
- Our business has set up a separate retail store to sell the fruits and vegetables.
- Generate an average of AED 1,000 worth of billings through the retail shop and rest from the wholesaling.
- Shop is in a prime residential location with over 5,000 flats within close proximity.
- Physical assets are delivery van (Toyota Hiace), inventory and shop setup.
- Revenue has reduced due to market conditions in UAE and the corona virus.
- Sale would include entire business and physical assets.
Products & Services Overview
Fresh fruits and vegetables such as apples, oranges, banana, pomegranate, tomatoes, cucumber and many others, whole sale trading and retail sales.
Facilities Overview
Shop is rented and has an annual rent of AED 38,000.
Capitalization Overview
Not Disclosed
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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