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 | 10:22 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
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
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.
- 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
-
Earlier than 15 daysQuality Assurance Engineer, Civil Construction, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
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Earlier than 15 daysMD, FMCG & Trading, Mumbai, Corporate Investor / Buyer connected with the Business
Tags:
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