Well Established Textile Production Business for Sale or Investment

• BXB Listing ID :

  3679

• Type :

  Buy Business

• Business Type:

  Business

• Business Name:

• Country:

  United Arab Emirates

• State:

  Abu Dhabi

• Area:

  Al Manhal

• Asking Price:

  550,000 AED

• No of Employees:

  2

• Year Established:

  1996

• Annual Revenue:

  589,000 AED

• Annual Net Profit:

  131,000 AED

• Trade Licence:

  Mainland

• Inventory Value:

  11,000 AED

• Business Hours:

  Saturday to Thursday 9am-1pm and 5pm-10pm

• Real Estate:

  Leased by the Business

• Lease Terms:

  Annual

• Annual Leasehold Rent:

  45000 pa AED

• Reason for Sale:

  Retirement

• Premise Facilities:

  Retail unit on the ground floor facing busy street

• Information on transition to New Owner:

  Support will be provided during the transition period.

• Audited Financials available
• Debt Free
• Open for Investment or Sale
• Management to remain in Business
• Relocatable

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Business Overview

This tailoring and textile production company was established in Abu Dhabi in 1996. This business was one of the pioneers in textile production, tailoring and embroidery for various government agencies and for the hospitality and fitness sectors. The business gained a great reputation with the government and produced military and police uniforms and accessories.
Their professional tailor designs and produces a variety of items from flags and badges to uniforms and branded bags. Customised digital embroidery is also offered to customers for logos on corporate gifts and company uniforms. A dedicated manager takes care of day-to-day operations who will remain with the business.
The company premises is located in the heart of Abu Dhabi on the ground floor facing a busy street with high footfall. It is equipped with all the required machines. The company also keeps a sufficient stock of fabrics and accessories to take orders on short notice.
The business has a great reputation and established social media presence. It shows good financial performance and has a stable profit margin and low overheads.
The company has great opportunities to grow its revenue by acquiring additional contracts with the government and increasing their marketing activities. The trade license also allows for additional revenue streams from the wholesale of clothes, linen and blankets, leather products, handbags, gifts and sewing equipment trading.