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  • Wholesale confectionery distributor business for sale.(LLC,Est.1993)
Wholesale confectionery distributor business for sale.(LLC,Est.1993)

Wholesale confectionery distributor business for sale.(LLC,Est.1993)

  • BXB Listing ID :

    1874
  • Type :

    Buy Business
  • Business Type:

    Business
  • Business Name:

  • Country:

    United Arab Emirates
  • State:

    Abu Dhabi
  • Area:

    Mussafah
  • Asking Price:

    500,000 AED
  • No of Employees:

    6
  • Year Established:

    1993
  • Annual Revenue:

    4,000,000 AED
  • Annual Net Profit:

    120,000 AED
  • Trade Licence:

    Mainland
  • Total Net Assets:

    550,000 AED
  • Inventory Value:

    100,000 AED
  • Business Hours:

    9 am-9 pm
  • Real Estate:

    Leased by the Business
  • Lease Terms Description:

    Yearly renewable
  • Annual Leasehold Rent:

    60,000 AED
  • Size of Premises (sq ft):

    2,600 sq ft
  • Reason for Sale:

    To relocate home country
  • Premise Facilities:

    Godown, Office and staff accomodation
  • Premise:

    Godown, Office and staff accomodation
  • Information on staff:

    Staff with 25 years experiance

Business Overview

Wholesale confectionery distributor business for sale. Established in 1993. Have distribution Throughout Abu Dhabi. Covers Sila, Ruwais, Gayati, Madeena Zayed, Mirfa, Musaffah, Mohamed bin Zayed city, Abu Dhabi, Shahama, Baniyas. Three 4 Ton pickup are now in routes. Another Van will start soon. Now 6 visas and two position are under hire. Three established route with 600 customer having monthly sales of AED 100,000 to 140,000. With current facility have a capacity to make a monthly sales of AED 500,000 if additional fund can inflow for credit facility and stock. Currently distributing Chips, Chocolate, Candies, Chewing gum, lolly pops, Juices, biscuits and having capacity to extend to all range of food product. Company can easily upgrade to a monthly sales of 1 million and the support can be provided for the same. Currently have an inventory of AED 110,000 and receivable of AED 160,000. company have deposits and prepaid cost of AED 60,000. Company have own facility of staff accommodation. The current value of company is break up as follows Route A with Mitsubish 4 Ton pickup (long body model 2014)which can generate monthly sales of AED 200,000 (currently having up to AED 150,000 with 85% cash sale) valued at AED 100,000 Route B with Mitsubish 4 Ton pickup (long body model 2014)which can generate monthly sales of AED 180,000 (currently having up to AED 100,000 with 80% cash sale) valued at AED 110,000 Route C with Isizu 4 Ton pickup ( model 2000)which can generate monthly sales of AED 100,000 valued at AED 50,000. Infrastructure. The Gowdown which has separated ground and mezanian will provide double capacity with annual rent of only AED 55,000 which include staff accommodation facility for up to 8 staff. The total area is around 2600 sqf with cold area for chocolate and office. The total infra structure valued at AED 80,000 A Nissan Van valued at AED 25,000 Company goodwill, 700 customer details, 25 years relation with supplier with credit facility, company reputation, knowledge and after purchase support all valued AED 100,000. Company has total payable of AED 220,000 The total value for company is AED 550,000. People who look for an expansion of large business have high potential in this company as it can easily migrate to an AED 6-10 million company easily.

Chips, Chocolate, Beverage, Biscuit, Nuts, Chewing gum, Candies etc

Rented Property which has build mezzanian with Municipality approval which provide double space for a lower rent. Own facility for staff accomodation. Three 4Ton pickup, one Van. Inventory about AED 180,000, receivable AED70,000

High potential of growth. Due to fund shortage the company is doing 80-90 %cash sale only. If credit can provide the business can doubled with the existing cost and facility

DISCLAIMER

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