Asking price
AED 360,000AED
Long-established menswear retail store with in-house alterations service, located opposite a major Abu Dhabi shopping mall. Nearly 20 years of operation with stable revenue, loyal clientele, and a lean cost structure. Motivated sale due to relocation.
Ready-made menswear retail offering a curated selection of men's clothing and accessories, supplemented by an in-house alterations and tailoring service. The alterations service drives repeat footfall and provides a secondary revenue stream beyond product sales. The 407 sq ft shop layout is efficiently organized to display inventory while accommodating tailoring operations, ensuring smooth daily workflow. Current stock is estimated at AED 100,000–150,000 (pending final confirmation). Pricing is retail-based with competitive margins on menswear, plus service fees for alterations.
The business has built a loyal customer base over nearly two decades of operation, with the current family running it for approximately 10–12 years. Located directly opposite a major Abu Dhabi shopping mall, the store benefits from consistent foot traffic and strong visibility. Repeat customers form the core of the clientele, driven by both the menswear offering and the in-house alterations service. The neighborhood reputation is strong, with stable sales maintained over the family's tenure. Market position is well-established with limited direct competition in the immediate vicinity.
The business operates from a 407 sq ft retail shop opposite a major Abu Dhabi shopping mall. Annual rent is approximately AED 70,000 following a recent increase, with lease renewal cycles and payment cadence consistently maintained. The store is staffed by two employees on company visas, with a combined monthly salary of approximately AED 6,000, contributing to a lean and manageable cost structure. Monthly expenses are predictable, covering rent, salaries, utilities, and routine operational costs. The business was originally established around 20 years ago and has been operated by the current family for approximately 10–12 years. The seller intends to relocate permanently to her home country due to family commitments and changing regional circumstances, prompting the decision to sell.
Opportunities for growth include: (1) Expanding the product range to include accessories, footwear, or seasonal collections to increase average ticket size. (2) Building an online presence or social media channel to reach younger demographics and expand beyond the local foot traffic catchment. (3) Scaling the alterations service with appointment-based tailoring or pickup/delivery options. (4) Negotiating longer lease terms to lock in favorable rent. (5) Leveraging the established customer database for targeted promotions and loyalty programs. The business's strong neighborhood reputation and prime location provide a solid foundation for a new owner to expand.
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Asking price
AED 360,000AED
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