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Profitable Footwear Store for Sale in Ajman, United Arab Emirates

For Sale: Fully established retail store with good footfall in Ajman.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 190 thousand
Run Rate Sales USD 180 thousand
EBITDA Margin 60 - 70 %
Industries Footwear Stores + 1 more
Locations  Ajman
Local Time 4:11 PM Asia / Muscat
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 60 thousand (Native Currency: AED 220,000)
Reason: Promoter wants to reinvest in another business.
Includes physical assets worth USD 60 thousand
Interested to connect with advisors
Documents
Trade License
VAT Certificate
Business Overview

- 2010 established retail shop dealing into footwear, handbags and accessories.

- We are not selling any brands. We get our products from China, Thailand and India.

- Our shop is located in a residential area opposite to a well known foodcourt.

- On a daily basis we receive a footfall of 80 people.

- Average billing amount made by a customer is AED 120.

Products & Services Overview

Ladies, Mens and Children Footwear, Handbags, Backpacks and Accessories.

Facilities Overview

Shop is of 890 Sq Ft on rent. The current rent is AED 137,000 / -

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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