Leather Goods

Asking Price:

AED 431,000

STATUS:
SOLD
SOLD
Business ID
PH048
Listing Category
Monthly Revenue
AED 65,000
Annual Revenue
AED 780,000
Location
Deira
Asset Value
AED 350,000
Number of Employees
2

Description

Business Information:
Prime Location
25 years’ reputation for premium handbags & accessories
100 % privately owned
Debt-free
Recognized luxury label with loyal local & tourist clientele

Overview

EBITDA Margin: 40 %
Team: Streamlined operation with just 2 skilled employees
What You Get?
Included Assets
Fully-fitted flagship store: Remaining 2-year lease at AED 113 k/yr (market rate ≈ AED 235 k)
Physical assets: Fixtures, décor & equipment
Digital presence: Live e-commerce website & active social accounts
Business infrastructure: Trade license, corporate bank account, supplier relationships
Merchandise inventory negotiable
Highlights That Sell
Luxury Positioning: Elegant, durable leather bags loved by professionals & style-seekers.
High Footfall: Steps from the iconic Gold Souk, capturing tourists year-round.
Supplier Advantage: Long-term partnerships in Turkey & China ensure quality & margins.
Turnkey Operation: Smooth handover with processes, staff, and marketing in place.
Below-Market Rent: Secure two more years at nearly 50 % under current rates.
Financial Snapshot:
Average Monthly Sales: AED 50 k – 75 k
EBITDA Margin: 40 %

Consultation Form

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