Fully Operational Vape & Smoking Accessories Trading Business
- AED 550,000
- AED 550,000
Overview
- Others
- 600 sqft
Description
Established in 2023, this fully operational smoking products trading business is licensed for the trading of electronic cigarettes and related accessories, smoking accessories and heating devices. The business license is approved for importing goods from outside the UAE and distribution activities, providing potential for further expansion. The business currently generates average monthly sales of approximately 55,000-65,000, with profit margins of 40%-50%, while certain products can generate margins of up to 100%. Current sales have been affected by reduced inventory and product variety, creating potential to increase sales through expanded stock and product selection. The sale includes approximately 70K of inventory at wholesale cost, with an estimated retail value of approximately 140K, along with all equipment, fixtures, displays and shop decorations.
The business has an established recurring customer base and is supported by a complete accounting system, POS and inventory management system, dedicated website, online ordering platform and UAE-wide delivery through external delivery partners. A new online sales system was recently implemented to further support the business’s digital operations. The current operation is primarily focused on B2C retail sales, while the seller indicates that the existing licensing structure provides potential for future expansion into importing and wholesale activities.
BUSINESS DETAILS:
Established: Since 2023
Situated: Dubai
Retail Shop Size: 600sqm
Annual rent: 82,500 AED
Tenancy Valid Until: Yearly
Average Monthly Revenue: 55,000-65,000
Monthly Operating Expenses: 60%
Average Profit Margin: 40%
Number of Staff: Currently managed by the owners (husband & wife) with support from 1 part-time accountant
Daily Customers: 50-60
Repeat Customers: 60%
Demographics: Local & expatriate customers
Recurring Customers: 900+ monthly
Customer Focus: Primarily B2C, with potential for B2B/wholesale expansion
Inventory Value: 70,000 AED
Assets Value: 170,000 AED
RFS: Seller is looking to sell due to family circumstances
FACILITIES & FEATURES:
• Fully fitted retail shop
• Business operational infrastructure
• Delivery arrangements covering the UAE
• Product display fixtures and shelving
• Includes 3 vape-related licensed activities
• UAE-wide delivery arrangements
• Established recurring and loyal customer base
• Double-frontage storefront
• 60% repeat/loyal customers
• Established supplier and sourcing network
• Approximately 1,650 monthly transactions
• 900+ recurring customers monthly
• Growth potential through expanded inventory, importing and B2B distribution
• Existing agency and distribution relationships in Dubai
• Fully paid inventory with no outstanding supplier liabilities
• Complete accounting system
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