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Mobile Shop Investment Opportunity in Sharjah, United Arab Emirates

Retailer of pre-owned mobile phones with 3 retail stores and own eCommerce portal.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.1 million
Run Rate Sales USD 1.3 million
EBITDA Margin 15 %
Industries Mobile Shops + 1 more
Locations  Sharjah
Local Time 4:58 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 400 thousand for 50.0% stake (Native Currency: AED 1,500,000)
Reason: *The organization currently is well established in business network equity ready for growth. What it... View More
Includes physical assets worth USD 220 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Trade License
Trade Mark
Branch 2 @ Ajman
Team
P/L Report
Business Overview

- One of the fastest growing retail hubs in UAE with both online and offline experience.

- We are well interrelated with worldwide suppliers and thus guarantee quality products in great deals with an extensive collection.

- We bid the products from the auction and only procure products that have undergone minimal usage and sell the phones with a 1-year warranty.

- Our company was founded in 2004, and we entered the pre-owned market in 2017.

- 2 years ago, we introduced the sale of branded pre-owned devices of the Apple and Android mobiles along with a 1-year warranty. 70% of our sales are from Apple branded phones.

- We currently have 3 operating retail outlets of which 2 outlets were launched recently.

- Signed Deals with regions leading BNPL brands like Tabby & Spotii.

- We offer our customers an easy instalment option to fulfil their needs we call 'buy now pay later'. Through BNPL, our customers can pay in instalments.

- We provide free delivery to all GCC countries and India.

- Our brand has become a trusted name in UAE selling pre-owned gadgets as it continues to provide excellent quality devices at the best prices.

- We empower our customers in UAE to choose environment-friendly and affordable ways to upgrade their gadgets.

- Company has 3 directors with the promoter holding 80% stake and the other 2 directors with 10% stake each.

- Business is completely debt-free.

Products & Services Overview

* Three retail outlets in UAE selling pre-owned mobiles.

* E-commerce website.

* One-year warranty for pre-owned devices.

Assets Overview

* 3 stores decor.

* E-commerce website.

* Vehicle (company delivery car).

* Stocks.

* Trademark.

Facilities Overview

3 rented facilities across prime locations in UAE.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Managing Director, Dubai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Principal Consultant, Pune, M&A Advisor connected with the Business
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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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