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Luxury Apparel Retailer for Sale in Dubai, United Arab Emirates

Suitmaker with 3D scanning technology selling high-end made-to-measure suits at an affordable price in Dubai.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 350 thousand
Run Rate Sales USD 700 thousand
EBITDA Margin 10 %
Industries Luxury Apparel Retailers
Locations  Dubai
Local Time 5:43 AM Asia / Riyadh
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.6 million (Native Currency: AED 5,876,872)
Reason: Retirement from this business to focus on the main company.
Includes physical assets worth USD 27 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

- Company uses one of a kind 3D body scanner to take measurements efficiently.

- Since we opened our doors 2 years ago, we've amassed a clientele of over 800 customers, many of whom are HNWI (high-net-worth individuals).

- Our supplier is the biggest suits manufacturer in the world and we have a 50 days credit with them, paying them in USD.

- We will close our 2nd year in business next month with over 2x the revenue of year 1. YoY we are making on average 2.6x and average monthly growth of 20% since inception.

- Note that we achieved outstanding growth rates in our first year in business in the midst of the Covid pandemic, when most people were working from home.

Products & Services Overview

High-end made-to-measure suits, tuxedos, shirts, trousers, overcoats, accessories, and footwear.

Assets Overview

Furniture and sewing equipment, 3D scanner, fully built-up store, and customer contact list.

Facilities Overview

- Our 120 sq m boutique is located in the heart of the business bay with very easy access for businesses in the area and beyond.

- Its design is unlike any of our competitors. We've spent time and money to build a high-end boutique that our clients love.

- We rent from Deyaar, in the Atria building.

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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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