Prime Menswear Store - Abu Dhabi For Sale

Abu Dhabi, UAE, ID 215629

Prime Menswear Store - Abu Dhabi For Sale 1
Prime Menswear Store - Abu Dhabi For Sale 1
Asking price:
AED350 000
Cash Flow (per year): 120 000 aed
Sales Revenue: 400 000 aed
Owner
Owner's representative

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Description

Menswear shop opposite Abu Dhabi Mall.

History

The store opened around 20 years ago.

Current family ownership: approximately 10–12 years.

Products and Services

  • Ready-made menswear
  • In-house alterations

Premises

Stated shop area: 37 sq ft

Alterations are done inside the shop.

Rent

Annual rent: around AED 68,000–70,000

Team

Current staff: 2.

Both employees are on company visas.

Combined monthly salaries: around AED 6,000

Financials

  • Revenue last year: around AED 400,000
  • Estimated net profit: around AED 120,000

Stock

Estimated inventory value: AED 100,000–150,000

Final stock figure to be confirmed.

Customers

Repeat local customers.

Reason for Sale

Reason: family relocation.

Further Information

Remaining details after NDA.

Details

Real Estate: Lease
Employees (ppl): 5
Reason for selling: Relocation
Square m2: 37
Asking price: 350 000 aed
Cash Flow (per year): 120 000 aed
Sales Revenue: 400 000 aed
Rent (per year): 68 000 aed

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