Profitable Supermarket - Al Jaddaf, Dubai For Sale

Dubai, UAE, ID 215705

Profitable Supermarket - Al Jaddaf, Dubai For Sale 1
Profitable Supermarket - Al Jaddaf, Dubai For Sale 1
Asking price:
AED3 000 000
Owner
Owner's representative

Сontact with me Owner's representative

Description

Supermarket in Al Jaddaf, Dubai.

Premises

The shop occupies two levels.

  • Ground floor
  • Mezzanine

Only the ground floor is currently used for trading.

Annual rent: AED 260,000

Payment: 4 cheques

Products and Services

  • Groceries
  • Fresh products
  • General goods
  • Mobile counter
  • Laundry

Team

Total staff: 8

  • 1 shop supervisor
  • 7 other staff

Company visas: 4

Monthly payroll: AED 18,000

Sales

Monthly supermarket sales: approximately AED 260,000–300,000

Additional Income

  • Mobile counter: AED 7,000 per month
  • Laundry: AED 10,000 per month

Total additional income: AED 17,000 per month

Costs

  • Salaries: AED 18,000 per month
  • Rent: approximately AED 21,000 per month
  • DEWA and other utilities: approximately AED 7,000 per month
  • Monthly expenses: approximately AED 46,000
  • Stock purchases: approximately AED 80,000 per month

Reported profit margin: approximately 40%

Online Sales

No online sales channel is currently used.

Expansion

  • Use of the mezzanine floor
  • Online delivery
  • Additional marketing

Reason for Sale

Reason: personal circumstances.

Further Information

Remaining details after NDA.

Details

Real Estate: Lease
Employees (ppl): 8
Reason for selling: Relocation
Square m2: 464
Asking price: 3 000 000 aed
Salary expenses (per year): 216 000 aed
Rent (per year): 260 000 aed

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