The bridal boutique is located in Jumeirah Beach Road - in main strategic locations in Dubai. The shop was established in 2012 and has already accumulated a large database of regular customers.
The company sells all kinds of bridal materials and exquisite designer gowns featuring Brands from India, Pakistan and Italy. The shop is equipped with all necessary equipment and sewing machines and is fully furnished. The company has a big potential for growth and development. Therefore it will be a lucrative investment for a new owner.
Location: Jumeirah, Dubai
Year of establishing: 2012
Size of the place: 4000 sq. f.
Rent: AED 483.840 ($ 132.200)
License: AED 20.000 ($ 5.460) annually
Sponsorship: AED 10.000 ($ 2.730) annually
Staff: 1 brand manager, 2 sales managers, 3 tailors, 4 hand embroidery workers, 5 helpers
Assets: inventory, furniture, equipment, goodwill.
The concept of the business: bridal boutique with “shop in shop” concept (the shop gives space to other designers from India, Pakistan to display their goods).
Revenue: AED 1.383.000 ($ 377.900) annually
Net profit: AED 751.000 ($ 205.200) annually
Marginality is 54%, and yield on investment is about 15% per year.
Selling price: AED 5.000.000 ($ 1.366.100) (negotiable)
Buying this business you get:
• fully equipped bridal shop with running license;
• premium location;
• a well-known brand name;
• well-established database of suppliers;
• data base of standing customers;
• company’s assets;
• highly qualified staff;
• great opportunities to develop the business and increase the profits;
• legal support of the deal and guarantee of full safe execution.
The retail industry in the UAE is among the main industries. Be sure, with right owner and management this business will bring sustainable and high profits for next 10 years and more.
Please do not hesitate to contact our company and we give you full information about how to open and organize the business in Dubai. We take all process to prepare documents and legalize the deal.
In case that offered options do not fully satisfy your needs we’ll find new solutions that are going to suit your expectations and wants.
Our Company the Business Mart provides the full package of business dealing in Dubai:
- Starting, buying and supporting of the business
- Starting and supporting of offshore companies
- Building of trusts and holdings
- Investment and financial consulting
- Management and marketing consulting
Our experience is more than 10 years in a UAE market and we guaranty safe, clarity and mutual advantages for our clients. We orient on a building long-term relations with our clients, that’s why we carefully check, prepare and support each deal.
You can contact us:
1. Telephone number: +971 4 559 4 510
2. Write a letter: info at thebusinessmart.ae
|Location :||Dubai, UAE|