Asking price
AED 5.5M
Dubai-based wholesale importer and distributor of genuine Italian leather — raw hides and tanned leathers — serving automotive, furniture and fashion upholstery makers across the UAE and GCC. Fully licensed, Dubai Chamber-member business with a 46% gross margin and strong first-year EBITDA.
Wholesale trading of genuine Italian leather in two core lines: - Raw hides — sourced from Italian tanneries, sold by weight/hide to workshops and trade buyers. - Tanned leathers — finished full-grain, corrected-grain and suede leathers in automotive-grade, furniture-grade and fashion grades, sold by the hide or square metre. Buyers order by specification (grade, thickness, colour, finish); pricing is quoted per hide/sq m on trade terms with bulk discounts for volume. Stock is held in Dubai for fast UAE/GCC delivery, with direct-from-tannery container orders for larger projects.
B2B trade customers: automotive upholstery shops, furniture and sofa manufacturers, interior fit-out contractors, and leather-goods producers across the UAE and GCC, buying repeat volumes as projects roll. Approximately 80% of revenue comes from repeat / long-term clients — evidence of strong service quality and market trust. Market context: Dubai is the Gulf's re-export and fit-out hub — hospitality, retail and residential fit-outs plus a large premium-vehicle and automotive refurbishment trade create steady demand for quality European leather. Genuine Italian leather is a trusted-origin, differentiated product that regional buyers actively seek, and specialised Italian-leather traders in the GCC are few.
Operations run from a leased, well-equipped industrial workshop and warehouse of approximately 1,100 sq ft providing storage and workflow space, plus the registered office on Dubai's Sheikh Zayed Road corridor. Team of four employees — including an accountant and sales staff — plus the full-time owner-manager who oversees sourcing, key accounts and administration. Core processes: supplier management with Italian tanneries, import logistics and customs clearance, stock holding, and trade sales. Fully licensed for hides and tanned-leathers trading and a member of the Dubai Chamber of Commerce. A handover and training period can be agreed with the buyer.
- Deepen recurring supply contracts with the UAE's large furniture-manufacturing and interior fit-out base (standing specifications = repeat volume). - Expand GCC re-export sales (Saudi Arabia, Qatar, Oman) using Dubai's logistics position. - Build the digital trade channel — the website and social channels are early-stage, so a focused B2B content push can generate inbound trade leads at low cost. - Add higher-margin value lines: cut-to-size panels, colour matching, and small-batch custom orders. - Use stock financing to scale inventory turnover and win larger project orders.
Owner wishes to exit due to personal commitments and management workload.
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