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Mobile Shop for Sale in Al Jazeera Al Hamra, UAE

Mobile phone retail store for sale in the prime location of Ras Al Khaimah.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 163 thousand
Run Rate Sales USD 163 thousand
EBITDA Margin 20 %
Industries Mobile Shops
Locations  Al Jazeera Al Hamra
Local Time 4:18 PM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 110 thousand (Native Currency: AED 400,000)
Reason: Owner plans to travel.
Includes physical assets worth USD 90 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Tenancy Contract
Business Overview
- The store boasts a solid operational history of 1 year, achieving consistent monthly sales of approximately 50,000 DH.
- Fully established and functional, the business operates with a team of 4 experienced employees, ensuring smooth day-to-day operations.
- A unique selling point of this store is its integration of modern payment solutions, such as Tabby and Tamara, which enhance customer convenience and set it apart from competitors who rely solely on cash transactions.
- Trade license and local permits are in place.
- The owner is willing to provide training or ongoing assistance post-sale, allowing the buyer to confidently take over and manage the operations seamlessly.
- The store attracts around 25 customers per day, reflecting a steady flow of business in this bustling area.
- With the current owner's extensive experience of 8 years in the industry, the business is well-structured and positioned for further growth.
- The store collaborates with 4-5 reliable suppliers, ensuring a steady supply of high-quality mobile phones and accessories.
Products & Services Overview
Mobile phones and accessories sold to the local consumers in Ras Al Khaimah.
Bestsellers are phones.
Assets Overview
Tangible assets:
Inventory, furniture and fixtures.
Intangible:
Licenses and permits.
Facilities Overview
Leased space of 46 sq. m with 2 months remaining on a 1-year lease.
Currently, there are 2 months remaining on the lease agreement.
Rent is AED 10.3 k/month.
Capitalization Overview
No existing debts or liabilities.
Sole owner.
Self funded business.
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2 Buyers viewed this Business this week. Register below to connect now!
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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