Highly profitable business of Design, Manufacturing and Retail of Luxury Clothing for Sale in Dubai
The current owner is an elderly person and wants to focus on his core business, which operates in a different field and in another country. This is your chance to become the owner of a truly successful and stable company at the right price.
Business Overview
A highly profitable, official, stable business is being sold in the safest and most loyal city in the world - Dubai, which does not require the participation of the owner in daily management.
Short description:
Design, manufacture and sale of luxury clothing for wealthy Arab women. The business has existed for more than 20 years and has always been profitable, even in 2008-9! A well-known brand, a professional team, modern technology, a loyal customer base, which includes all the richest and most famous families in the United Arab Emirates. Safe and reliable investment, with an income of at least 15% per annum in US dollars.
Company performance and price:
Location: Dubai city center
Number of employees: 100
Number of managers: 3 people
Number of designers: 5 people
Established: 1996
Year of production modernization: 2016
Revenue for 2019: $ 6,000,000
2019 net income: $ 2,650,000
Business Profitability: 44.1%
January 2020
Revenue: $600,000
Net-profit: $312,000
February 2020:
Revenue: $560,000
Net-profit: $249,000
Over the past 5 years, the company’s official auditor is KPMG, which means that all numbers are verified and proven.
Net income is also reflected in regular payments to the owner of the company, which is easily verified by bank statements.
A customer base of over 10,000 wealthy Arab families.
The company is the undisputed leader in its segment in the UAE market.
Price: $ 12,300,000 or 4,64 net profit for 2019.
Investment return (ROI): 21,54% per annum.
The ideal buyer for this business
We see as our buyer an investor who is important to receive high official income without participating in the daily management of the company in a safe jurisdiction.
Why is this business worth the money and you need to buy it?
The business has existed for more than 20 years, has always been and remains highly profitable. Dubai and the UAE remain one of the most interesting places for doing business, since the state is loyal to investors and the income received by them in the UAE is not taxed and does not raise any questions from the regulatory authorities of other countries.
Reason for sale
The current owner is an elderly person and wants to focus on his core business, which operates in a different field and in another country. This is your chance to become the owner of a truly successful and stable company at the right price.
Terms of a transaction
We are ready to discuss various terms of payment for the transaction, and we will also help you to structure and execute the transaction most correctly so that the income you receive from running this business is recognized in any country in the world, and its purchase this business is completely legalized.