Newly Established Optical Store for Sale in Dubai, United Arab Emirates
For sale: Optical shop receives 10-12 customers daily with a vast product portfolio.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 34 thousand |
| Run Rate Sales | USD 260 thousand |
| EBITDA Margin | 35 % |
| Industries | Optical Stores |
| Locations | Dubai |
| Local Time | 7:19 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
270 thousand
(Native Currency: AED 990,000)
Reason: The owner got an offer as a head football coach in Italy and he does not wish to reject this offer.
Includes physical assets worth
USD
270 thousand
Interested to connect with advisors
Documents
Trade License
(1.4 MB)
Tax Invoice
(721.5 KB)
Business Overview
- Optical shop located in Dubai.
- The business was started 6 months ago but the promoter's family has been in the optical shop business for the past 60+ years.
- Receive 10-12 customers daily.
- We provide a wide range of domestic and international products.
- The number of employees is low as the business only sells eyewear and is able to manage the footfall with the existing employees.
- The sales have increased so much as the business was only operational for less than 2 months last year.
- Business has all the required licenses such as a trade license.
- The business was started 6 months ago but the promoter's family has been in the optical shop business for the past 60+ years.
- Receive 10-12 customers daily.
- We provide a wide range of domestic and international products.
- The number of employees is low as the business only sells eyewear and is able to manage the footfall with the existing employees.
- The sales have increased so much as the business was only operational for less than 2 months last year.
- Business has all the required licenses such as a trade license.
Products & Services Overview
Sunglasses, eyeglasses, eye test room, luxury brand and own brand.
Assets Overview
AED 400,000 worth of glasses inside the shop and AED 1 million worth of furniture.The assets of the business are worth AED 1.4 million but the owner is selling it at a discounted price of AED 1.1 million.
Facilities Overview
The location is inside the Marriott Hotel Marina, with free valet for the customers and 1 free valet for the owner. The space is rented.
Capitalization Overview
- Only one shareholder with 100% ownership.- The business is debt-free.
- The full setup of the business was paid in cash.
Recent Activity
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Earlier than 15 daysOwner, Optical Store, Kannur, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysSales Executive, Retail - Optical Store, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMD, Medical And Surgical Equipment's Supplier, Kathmandu, Individual Investor / Buyer connected with the Business
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