Prime Menswear Store - Abu Dhabi For Sale

Description

This long-established menswear retail store is located directly opposite Abu Dhabi Mall, benefiting from consistent foot traffic, strong visibility, and a loyal customer base built over nearly two decades. The business was originally established around 20 years ago and has been operated by the current family for approximately 10-12 years, during which it has maintained stable sales and a strong neighborhood reputation.The shop offers ready-made menswear along with an in-house alterations service, which attracts repeat customers and provides an additional revenue stream. Its compact 37 sq ft layout is efficiently organized to display inventory while accommodating tailoring operations, ensuring smooth daily workflow and easy management.The annual rent is approximately AED 68,000-70,000 following a recent increase, and the lease renewal cycle and payment cadence have been consistently maintained. The store is staffed by two employees on company visas, with a combined monthly salary of around AED 6,000, contributing to a lean and manageable cost structure.Last year’s revenue was approximately AED 400,000, generating an estimated net profit of around AED 120,000. Monthly expenses remain predictable, covering rent, salaries, utilities, and routine operational costs, allowing the business to maintain healthy margins. Current stock is estimated between AED 100,000 and AED 150,000, pending final confirmation.The family is selling the business due to urgent relocation needs driven by regional instability and safety concerns, making this a motivated sale of a long-running, well-positioned retail operation with steady financial performance.More details will be provided after signing NDA.