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  • Clothing/Footwear Retail
  • Highly popular footwear brand with unique concept
Highly popular footwear brand with unique concept

Highly popular footwear brand with unique concept

  • BXB Listing ID :

    2683
  • Type :

    Buy Business
  • Business Type:

    Business
  • Business Name:

  • Country:

    United Arab Emirates
  • State:

    Dubai
  • Area:

    JBR Jumeirah Beach Residence
  • Asking Price:

    1,200,000 AED
  • No of Employees:

    3
  • Year Established:

    2017
  • Trade Licence:

    Mainland
  • Total Net Assets:

    280,000 AED
  • Inventory Value:

    204,000 AED
  • Business Hours:

    10 am - 10 pm
  • Real Estate:

    N/A
  • Lease Terms:

    Monthly
  • Lease Terms Description:

    Flexible lease agreement with the landlord with monthly rent payments.
  • Size of Premises (sq ft):

    160 sq ft
  • Reason for Sale:

    Relocation to home country
  • Premise Facilities:

    Two custom-made relocatable kiosks of 160 sq.ft each.
  • Premise:

    Retail kiosks that are equipped with POS system and CCTV
  • Information on staff:

    3 trained sales employees
  • Information on transition to New Owner:

    Full transition will be provided

Business Overview

This unique footwear and accessories retail brand offers customised products for men, women and children. The business was founded in 2017 and reached profitability within a year. The concept was created to accommodate local climate conditions and sell products that would never go out of fashion. Customers of this business can design their own footwear that is made and packed in front of them immediately. 2 large custom-made kiosks are located in 2 of the most crowded beach destinations in Dubai to serve customers. There are 3 well-trained employees that are able to work independently in all areas of operations – from supply to retail and marketing. The e-commerce operations were also launched earlier this year. The products can be customised and ordered on the website with worldwide delivery supported through a contract with an international courier firm. The business has a strong social media marketing strategy to support online sales. The business supplies exclusive products carefully sourced from multiple countries and branded under their name. The supply chain is well constructed to avoid any interruptions in operations. The current inventory is worth over 200,000 AED. The business runs at a high profit margin and is free of liabilities. There are great opportunities for growth and franchising with a pipeline of franchising requests. The franchise agreement and all branding materials are already drafted so the new owner can start franchising immediately. There are multiple enquiries for the franchise from Cyprus, Greece, Lebanon, Saudi Arabia, Russia, and other countries. The database of customers and potential franchisees will be transferred to the new owner.



Please click on thumbnail to view Teaser

*Unique footwear *Beach accessories, towels, sunscreen, hats, inflatable seats, and other beach essentials *Souvenirs

*Two container kiosks fully fitted and branded for the business *Stock of goods *Equipment *POS system and CCTV

This brand is already well-known. It has a unique business model and stands out from it's competitors. The business already maintains high profit margins and has great opportunities for growth through further local outlets and franchising worldwide.

*Unique business concept *Recognizable brand *High footfall locations with the right type of audience for the business *Supply chain of branded products *Established online operations with worldwide delivery *Well-trained staff *Opportunities to sell franchise worldwide

DISCLAIMER

This Listing has been produced by a User of our Site and, in accordance with our Terms and Conditions and Marketplace Policy, we are not responsible for the content of the Listing or any information or materials referenced in the Listing. You should undertake your own due diligence in respect of the contents of the Listing and any queries should be directed directly to the Seller using the contact form set out above.

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