Newly Established Jewelry Store for Sale in Dubai, UAE
Silver jewelry and gifts store in Dubai located in a mall with footfall of 10-20.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 74 thousand |
| EBITDA Margin | 40 % |
| Industries | Jewelry Stores |
| Locations | Dubai |
| Local Time | 8:37 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
57 thousand
(Native Currency: AED 210,000)
Reason: The owner has another business and is unable to give time to this one, hence wants to sell it.
Includes physical assets worth
USD
27 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- The business offers a diverse range of products and services including silver jewelry, bags, pouches, souvenirs and watches appealing to a broad customer base.
- Situated in Dubai Digital Park, A4, the business benefits from high foot traffic and visibility, particularly being close to Starbucks and in proximity to other high traction areas.
- The business has established a good brand identity and specializes in silver jewelry and gifts, catering to a niche market segment.
- Supported by a promoter with a good background in the jewelry industry, ensuring expertise and knowledge in the sector.
- The sale includes a freezone trade license valued at AED 12,000, providing an added asset for potential buyers.
- Receives an average daily footfall of 10-20 customers.
-Has a network of 5-10 suppliers within the city to source the products from.
- The products can range anywhere between AED 50 - AED 3,000, ensuring wide variety.
- We have only been operational for a few months now and hence there is no reported revenue given.
- This shows immense scope for expansion given the marketing and expansion strategies.
- Situated in Dubai Digital Park, A4, the business benefits from high foot traffic and visibility, particularly being close to Starbucks and in proximity to other high traction areas.
- The business has established a good brand identity and specializes in silver jewelry and gifts, catering to a niche market segment.
- Supported by a promoter with a good background in the jewelry industry, ensuring expertise and knowledge in the sector.
- The sale includes a freezone trade license valued at AED 12,000, providing an added asset for potential buyers.
- Receives an average daily footfall of 10-20 customers.
-Has a network of 5-10 suppliers within the city to source the products from.
- The products can range anywhere between AED 50 - AED 3,000, ensuring wide variety.
- We have only been operational for a few months now and hence there is no reported revenue given.
- This shows immense scope for expansion given the marketing and expansion strategies.
Products & Services Overview
- The business's top-selling product is silver jewelry including earrings and necklaces.- Other offerings are bags, pouches, watches and souvenirs.
Assets Overview
The tangible assets include the display in the stores, fittings, and stock of products.
Facilities Overview
The store is located within a mall and has a total area of 42.17 sq m.The rent paid is AED 48,000 per year, with the lease agreement valid for 2 years from now.
Capitalization Overview
The business is run by a sole proprietor with no debt and liabilities.
Recent Activity
-
Earlier than 15 daysVice President, Food Service Management, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Perfumes, Beirut, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Business Consultancy, Dubai, Individual Investor / Buyer connected with the Business
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·Buy Newly Established Jewelry Store in Dubai, United Arab Emirates
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·Newly Established Jewelry Store for Sale
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