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Well-established eCommerce brand with thousands of Emirati customers database
Contact Info
UnlockBusiness Synopsis
Asking Price
900,000 AED
Total No. Of Staff
3
MAC
0 AED
Company bear accomodation charges
Utilities
900 AED
MAS
8,500 AED
Misc
0 AED
About the Business
Business Overview
- eCommerce portal selling ready-made and private label home decor items and tableware.
-Premium domain name.
- We sell private label decor items under our own brand name.
- The sales split between ready-made and private label products is 50-50.
- Since our inception, we have made total sales of AED 2 million.
- Business has a gross profit of over 60% but due to high administrative and marketing costs, we are currently operating close to breakeven.
- Have spent approx USD 200,000 on performance marketing.
- Received total orders of over 3,000 and we currently get around 100 orders on a monthly basis.
- Our customers are mostly Emirati women (around 1,800) from the GCC region.
- Other highlights of the brand:
* Conversion rate: 1.5 %
* Average order value: 600 AED.
* Return customer rate: 25%
* Online store sessions: 270K.
- Business has two directors, with the promoter holding the majority stake.
- Company does not have any debts or liabilities.
- The promoter has already relocated to the US and the operations are handled by an experienced operations executive in Dubai.
Products & Services Overview
Home decor, home textiles, tableware, decorative items, and candles.
Assets Overview
Customer database, social media account (32,000 followers on Instagram) brand name, website domain, inventory in stock.
Facilities Overview
Rented office and warehouse located together in a business tower located in Al Barsha, on Sheikh Zayed. We pay a yearly rent of AED 52,000.
Amenities / Key Features
- Huge Footfall
- Loyal Customer Base
- Established
- High Visibility
- Accounts available
- Established Business
- Owner Financed
- Attractive Business
- Company For Sale
Location
Contact Info
UnlockPremise Location Details
-
Shop Size
800 Square Feet
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Shop Rent
52,000 AED
-
Landlord Deposit
5,000 AED
-
No. of Payments
4
-
Location
DUBAI, DUBAI, United Arab Emirates