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Profitable Leather Goods Company for Sale in Dubai, UAE

Leather goods brand backed by 25 years of premium craftsmanship and a loyal customer base.

Established 20-30 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 163 thousand
Run Rate Sales USD 147 thousand
EBITDA Margin 40 %
Industries Leather Goods
Locations  Dubai
Local Time 5:07 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 204 thousand (Native Currency: AED 750,000)
Reason: The business is being sold as the owner plans to relocate back to Syria now that the war has finally... View More
Includes physical assets worth USD 204 thousand
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Business Overview
- Located strategically in Dubai's Gold Souk extension, this luxury leather goods brand capitalizes on high tourist footfall and a cosmopolitan customer base.
- With over 25 years of industry expertise, the brand is renowned for its elegant and durable leather handbags, appealing to both professionals and style-conscious individuals.
- Operating a direct-to-consumer retail model with just two employees, the brand efficiently manages a streamlined operation while maintaining close ties with reputable suppliers in Turkey and China.
- The business has cultivated a loyal customer base by leveraging its deep industry knowledge and the founder's extensive background in luxury retail.
- Known for premium craftsmanship and unique design, the brand targets both local residents and international tourists seeking luxury leather goods in Dubai.
- The label maintains an edge in the competitive leather goods market by offering high-quality products that combine functionality with sophisticated style.
- Positioned as a luxury brand in Dubai's flourishing retail scene, it focuses on high-quality leather goods while forging strong, reliable supplier networks to assure product excellence.
- Adapting to challenges, including a slight downturn due to relocation, the business continues to prioritize product excellence through robust supplier partnerships, enhancing customer satisfaction and retention.
Products & Services Overview
Our top-selling products are men’s and women’s leather handbags, used by professionals and style-conscious customers for daily use, work, and travel. They are valued for their quality, elegance, and durability.
Assets Overview
Tangible assets include:
- Fully decorated and fitted-out shop in a prime corner location (with lease contract valid for 2 more years)
- Merchandise inventory.
Intangible assets include:
- Brand.
- Trade license.
- Business bank account.
- Business trade license.
- Official website.
- All associated social media accounts.
Facilities Overview
The business operates from a 670 sq. ft. corner shop, offering excellent visibility and display space. The shop is under a rental contract for another 2 years at AED 113,000 per year, significantly below the current market lease rate of AED 210,000 per year.
Capitalization Overview
The business is 100% owned by a single individual and is fully self-funded, with no debts or outstanding loans.
Recent Activity
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1 Buyer contacted this Business this month. Register below to connect now!
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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