Jewelry Store for Sale in United Arab Emirates

Concept store for handmade jewelry & accessories based out of UAE is for sale.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 100 thousand
EBITDA Margin
0 - 10 %
Industries
Local Time
12:46 AM United Arab Emirates
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: AED 1,500,000)
Reason: Planned for another project, in home country. So we are looking for a right passionate business peo... View More
Includes physical assets worth USD 200 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
VAT Certificate
Business Overview

- We sell all handmade collections which are unique and creative with the passion for art.

- Business has been in transformation mode since March 2018,

- Previously it was a franchise model and now transformed to a new concept estimated to generate double-digit growth.

- Founder has successfully managed to identify and collaborated with bespoke designers from different countries in a short period (Past 6 months).

- Each fashion stories originates from trendsetting bespoke designers from Armenia, Australia, Brazil, Canada, Croatia, Egypt, India, Jordan, Italy, Switzerland, Spain, Turkey, UK and UAE.

- Reseller in GCC for Swizz brand with an exclusive flagship store &

- Signed first authorized retailer of new jewelry brand in GCC.

- Collaborated with Brazilian fashion agency to bring emerging designers brand to UAE.

- Footfall consists of 70% tourists, 20% hotel residents and 10% would be social media followers.

- Collaborated with Italian brand partners for Middle East jewelry 2018 show at Dubai trade center.

Products & Services Overview

Fashion jewelry items consist of a different concept, colors and shapes inspired by nature, travel and culture, mainly focused on Jewelry, fashion accessories and lifestyle.

- E-Comm website has been developed & live.

Facilities Overview
Recent Activity
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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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