Mobile Shop Investment Opportunity in Sharjah, United Arab Emirates
|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|
|Local Time||4:58 AM Asia / Dubai|
|Listed By||Business Owner / Director|
- 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.
* Three retail outlets in UAE selling pre-owned mobiles.
* E-commerce website.
* One-year warranty for pre-owned devices.
* 3 stores decor.
* E-commerce website.
* Vehicle (company delivery car).
3 rented facilities across prime locations in UAE.
Earlier than 15 daysManaging Director, Dubai, Financial Consultant connected with the Business
Earlier than 15 daysPrincipal Consultant, Pune, M&A Advisor connected with the Business