Luxury Apparel Retailer Investment Opportunity in Dubai, United Arab Emirates

- Luxury accessories and clothing retailer with a special focus on luxury accessories.

- 70k+ retail customers.

- We sell big brands at discounted prices.

- AED 7.8 million in sales from 2 years ago to date.

- We make up to 500% gross margin v/s COGS, and 100% on average on each product.

- We have solid experience now on 'What to buy', ' 'How much to buy at', and 'How much to mark up'.

- Broad connection with many vendors from around UAE, Europe, and USA.

- We have achieved an exclusive contract with Sharjah Expo Centre as a Prime Exhibitor with 4,000 Sq. m. ) space (4x times last year) to boost our sales.

- AED 3.2 million (80% of revenue from offline channels), and the rest AED 0.8 million from online sales.

- Of this AED 3.2 million in offline, AED 1 million was just from retail sales in the 17 days of the Sharjah Expo.

- This year we plan to do 4 such events every quarter.

- The offline channel is very profitable and in net profit and the online channel is still struggling with a net loss.

Designer fashion, ladies' designer bags, watches, skincare and make-up.

- Top selling category is lady handbags and they fly off the shelf as soon as we get a new shipment. Guess, and Micheal Kors are just some of the top-selling brands.

Tangible assets:

- Showroom fixtures like standees, systems, CCTVs, rails & computers, and warehouse fixtures (shelves, and CCTVs)

- Inventory.

Intangible assets.

- E-commerce website called with the same business model.

- ERP ODOO application.

- Flex Amazon account with daily growing sales.

- Team experience with all the above.

The value of intangible assets is AED 500 thousand.

250 SQM showroom in Sharjah - Dubai main road (Etihad Road), prime Location with rent of AED 220k/year. (This showroom alone generated sales of about AED 2.2 million last year)

200 SQM warehouse for online orders in Dubai.

Chiller-free and suitable for luxury items to maintain heat, rent of AED 135K /year.

- Personal funds, friends, and family.

- Total of 350K, and some late rent payments.

- 150K vendors dues.

- 1 shareholder owns the business now with 100% shares.