Profitable Supermarket Opportunity - Deira, Dubai For Sale

Description

Supermarket in Deira, Dubai.

Premises

The shop occupies two levels.

• Ground floor
• Mezzanine

Only the ground floor is currently used for trading.

Annual rent: AED 410,000

Payment: 4 cheques

Products and Services

• Groceries
• Fresh products
• General goods
• Cafeteria counter
• Mobile accessories counter

Team

Total staff: 9

• 1 shop supervisor
• 8 other staff

Monthly payroll: AED 20,000

Sales

Monthly supermarket sales: approximately AED 310,000–350,000

Additional Income

• Cafeteria counter: AED 15,000 per month
• Mobile accessories counter: AED 6,000 per month

Total additional income: AED 21,000 per month

Costs

• Salaries: AED 20,000 per month
• Rent: approximately AED 34,000 per month
• DEWA and other utilities: approximately AED 10,000 per month
• Monthly expenses: approximately AED 64,000
• Stock purchases: approximately AED 150,000 per month

Reported profit margin: approximately 35%

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.