Leather Footwear & Bags Retail

Asking Price:

AED 50,000

STATUS:
SOLD
SOLD
Business ID
PHD1115
Listing Category
Monthly Revenue
AED 9,000
Annual Revenue
AED 108,000
Operating Cost
AED 4,000/ Monthly
Location
Sharjah
Asset Value
AED 40,000
Number of Employees
1

Description

Business Information:

Prime Sharjah area with steady footfall
Running, licensed, and debt-free operation
Lean, owner-operated structure for tight cost control
Professionally fitted store with merchandising-ready layout
Product mix aligned to value-conscious and style-oriented buyers

Overview

Financial Snapshot:

Asking Price: AED 50,000 (business, assets & license) + AED 40,000 (inventory)

Monthly Running Cost: ~AED 4,000
Tangible Asset Value: ~AED 40,000 (incl. shelving ~AED 20,000)
Inventory (Stock) Value: ~AED 40,000 (priced separately)
Staff: Owner-managed (no additional employees)
Annual Rent: AED 40,000
Debts: None
Operating Hours: 8:00 AM – 12:00 PM
Parking: Public
Established: 7 months

Executive Summary:
A recently established, fully licensed leather shoes & bags retail business in the Sharjah area. With solid tangible assets, organized shelving, and fresh inventory, this is a turnkey, affordable opportunity for a motivated buyer to step into a growing retail segment.

Business Overview:
The store specializes in leather footwear, handbags, and accessories, serving everyday and style-conscious customers. The space is professionally fitted for efficient display and streamlined owner-run operations.

Key Business Highlights:
Prime Sharjah area with steady footfall
Running, licensed, and debt-free operation
Lean, owner-operated structure for tight cost control
Professionally fitted store with merchandising-ready layout
Product mix aligned to value-conscious and style-oriented buyers

Growth Potential:
Scale through deeper assortments and seasonal capsules, loyalty programs and bundles, online storefront and social commerce, local influencer collaborations, and extended hours with weekend/festive promotions to capture incremental traffic.

Acquisition Details:
Includes: All assets, fixtures, shelving, license, and goodwill
Inventory: Stock priced separately
Transition: Short handover support available

Reason for Sale:
Opened for the owner’s son; seller is divesting due to lack of motivation to grow the business.

Consultation Form

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