Mobile Shop for Sale in Dubai, UAE
Opportunity to acquire a well-established and well-located mobile shop with diverse electronics offerings.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 2.04 million |
| Run Rate Sales | USD 2.12 million |
| EBITDA Margin | 5 % |
| Industries | Mobile Shops |
| Locations | Dubai |
| Local Time | 12:18 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
68 thousand
(Native Currency: AED 250,000)
Reason: Both the business partners are relocating and would like to sell the business.
Includes physical assets worth
USD
57 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Our TikTok Page (Almost 2K Followers)
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Business Overview
- Established mobile store in the famous mobile wholesale market of Meena Bazaar in Bur Dubai.
- The store receives high footfall.
- Get about 15+ customers every day and about 25-30 walk-ins in total.
- The business's turnover volume is high as phones have a high selling price, but our business's margins are thin.
- Major operating expense is the cost of acquiring inventory while the rest of the expenses are minimal. Rent is AED 9750, utilities are about AED 1,500 and employees get paid AED 1,500-3,000 in a month.
- Business has a trade license.
- Buyer will get the key money for the store, trade license, and all the setup of the store.
- Buyer will not get the product inventory.
- The store receives high footfall.
- Get about 15+ customers every day and about 25-30 walk-ins in total.
- The business's turnover volume is high as phones have a high selling price, but our business's margins are thin.
- Major operating expense is the cost of acquiring inventory while the rest of the expenses are minimal. Rent is AED 9750, utilities are about AED 1,500 and employees get paid AED 1,500-3,000 in a month.
- Business has a trade license.
- Buyer will get the key money for the store, trade license, and all the setup of the store.
- Buyer will not get the product inventory.
Products & Services Overview
Top selling products are mobile phones and especially iPhones. We sell all brands of phones. We also sell accessories, other electronics like laptops and computers and used mobiles.
Assets Overview
Tangible assets include shop fixtures and assets worth AED 110k and key money worth AED 100k.
Facilities Overview
Rented store in the central market in Bur Dubai called Meena Bazaar.Annual rent is AED 117k and it's paid up to January next year when the lease expires. The store owner can escalate the rent by a minimum of 5% and a maximum of 20% as per the UAE government.
Key money (deposit) of AED 100k has been paid for this store and that amount is included in the asking price.
Capitalization Overview
- Two equal owners in this LLC.- No bank loans and no payables outstanding.
Recent Activity
-
Earlier than 15 daysOwner, Diversified Manufacturer, Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Electronics Products Supplier, Seattle, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Spices Traders, Bengaluru, Individual Investor / Buyer connected with the Business
Tags:
Mobile Phone Retailer for Sale in Dubai, United Arab Emirates
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·Mobile Shop for Sale in Dubai, United Arab Emirates
·Purchase Mobile Shop in Dubai, United Arab Emirates
·Buy Mobile Shop in Dubai, United Arab Emirates
·Mobile Phone Retailer for Sale
·Mobile Shop for Sale
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