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Jewelry Store for Sale in Dubai, UAE

For sale: Natural gemstones retail dealer shop with a special trade license and no liabilities.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 160 thousand
Run Rate Sales USD 180 thousand
EBITDA Margin 21 %
Industries Jewelry Stores
Locations  Dubai
Local Time 1:43 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 150 thousand (Native Currency: USD 150,000)
Reason: - Promoter is looking to move to Europe. - The business has huge potential and the price is slightl... View More
Includes physical assets worth USD 150 thousand
Interested in connecting with advisors
Documents
Business Overview
- Established 9 years ago under the Jebel Ali Free Zone Authority Laws of the UAE and successfully operating to this day at the main jewellery and gemstones building in the GDP facilities.
- We are known in the market as the reputable retail and wholesale company of colour stones, also this can be verified by the review on Google where we have good ratings and reviews.
- We attend many important trade shows and international exhibitions, so we have established a good relationship with a few international companies who works with us regularly.
- Therefore we further concentrated our efforts on Google and Instagram and today through SEO, 25-50 people contact us on a daily basis and we deal with enquires and sales.
- In addition, we have over 1,800 organic followers on Instagram.
- We receive 5-6 walk-ins customers per day.
- Walk-ins have dropped due to the pandemic and this resulted in a reduction in the recent revenue.
- Throughout these years we have established a good reputation and we have repeat customers from local markets and international customers.
- However, after investing over the past 7 years with hard work, financial support and a strong passion for the business, we have decided to sell the company to a new potential buyer that can take the business over within a short period of time and hit the ground running without having to establish such a business from scratch.
- We purchase the stones from a seller in Sri Lanka.
Products & Services Overview
Seller of gemstones (precious and semiprecious), jewellery, pearls & precious stone, imitation jewellery, used jewellery, crystal product, gifts, non-manufactured precious metal, watches, clocks and spare part.
Assets Overview
Full established business without any liabilities.
Special trade license.
Full setup of the shop, no renovation required.
Full inventory.
Website domain.
Facilities Overview
Rented shop in the gold and diamond park in Dubai UAE. Shop is located on the ground floor and the area is 322 sq ft.
Capitalization Overview
The business doesn't have no debts no loans no liability to anyone.
2 shareholder family business 40/60.
Funded from business cash.
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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