Eyewear Retail Chain (3br.) - Dubai For Sale

Dubai, UAE, ID 215653

Eyewear Retail Chain (3br.) - Dubai For Sale 1
Eyewear Retail Chain (3br.) - Dubai For Sale 1
Asking price:
AED480 000
Net profit (per year):156 000 aed
Sales Revenue: 960 000 aed
Owner
Owner's representative

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Description

Operating since 2024 in Dubai.

Products

  • Prescription glasses
  • Fashion frames
  • Sunglasses
  • Blue-light eyewear

Branches

3 branches are currently trading.

Branch 1

  • Area: approximately 530 sq ft
  • Annual rent: AED 55,000
  • Staff: 2
  • Monthly salaries: around AED 6,400

Branch 2

  • Area: approximately 250 sq ft
  • Annual rent: AED 62,000
  • Staff: 2
  • Monthly salaries: around AED 7,000

Branch 3

  • Area: approximately 200 sq ft
  • Annual rent: AED 60,000
  • Staff: 2
  • Monthly salaries: around AED 7,000

Team

Total branch staff: 6.

Staff are on company visas.

Licensing

  • DHA licence
  • RTA licence
  • VAT registration
  • Business bank account

Financials

  • Combined monthly sales: around AED 80,000
  • Estimated monthly net profit: around AED 13,000

Sale

Purchase options:

  • All 3 branches
  • Individual branch acquisition

Background

  • Existing business acquired by current owner
  • Additional branches added afterward

Reason for Sale

Reason: other business and personal commitments.

Further Information

Remaining details after NDA.

Details

Real Estate: Lease
Employees (ppl): 10
Reason for selling: Pursuing other opportunities
Square m2: 23
Asking price: 480 000 aed
Net profit (per year): 156 000 aed
Sales Revenue: 960 000 aed

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