Established Dubai Leather Goods & Footwear Trading Business for Sale
Verified

Established Dubai Leather Goods & Footwear Trading Business for Sale

Dubai, Dubai, United Arab Emirates

Description: Well-established Dubai-based trading company specialising in genuine leather fashion and safety footwear, bags, belts, wallets, and hospitality leather products. Operating since 1984 under its core brand, the business imports finished leather goods from production partners in India and distributes across the UAE and wider Gulf region, with additional supply to the aviation and hotel sectors.

General

Deal information

20 peopleEst. 2019Business

Asking price

AED 250K

Revenue

AED 260K

Profit

AED 78K

Multiple

3.2x

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Illustrative image. This photo may be AI-generated and may not show the actual business or its assets.

Products & services

The business operates across three core revenue streams:

1. **Fashion & Safety Footwear** — Full-grain leather shoes for men and women, including formal dress shoes, casual footwear, and safety-rated work footwear. Products are sourced from established manufacturing partners in India and sold wholesale and retail across the UAE and Gulf region.

2. **Leather Accessories** — Belts (formal and casual), wallets, handbags, and blotter covers. All products use genuine full-grain leather with custom manufacturing available for institutional buyers.

3. **Institutional & Hospitality Supply** — Specialised leather and synthetic footwear and amenities for the aviation and hotel sectors. The company has established supply relationships with hospitality clients requiring bulk, specification-compliant leather goods.

The business operates under two brand labels — a core retail/wholesale brand and an institutional brand — covering both consumer and B2B markets.

Customers & market

The primary market is the UAE, with distribution extending across the broader Gulf region (Saudi Arabia, Bahrain, Kuwait, Oman, Qatar). Key customer segments include:

  • **Wholesale buyers** — Regional retailers and distributors stocking leather footwear and accessories.
  • **Institutional / hospitality clients** — Hotels and airlines requiring bulk leather amenities and staff footwear.
  • **Direct retail consumers** — End buyers of fashion leather goods through retail channels.

The UAE leather goods market benefits from strong tourism, hospitality growth, and a fashion-conscious consumer base. The company's dual positioning in consumer fashion and institutional supply provides resilience across economic cycles. Customer relationships are long-standing, with many wholesale and institutional clients on recurring purchase orders.

Operations & team

The business employs approximately 20 staff across its Dubai operations. Key operational details:

  • **Headquarters** — Registered office in Deira, Dubai (administrative and management).
  • **Warehouse & Operations** — Al Quoz Industrial Area 4, Dubai (storage, quality control, and distribution hub).
  • **Supply chain** — Finished leather and leather goods are imported primarily from production partners in Chennai, India, and distributed via the Al Quoz warehouse across the UAE and Gulf.
  • **Working hours** — Sunday to Thursday, 07:00–17:00 (standard UAE trading hours).
  • **Brands** — Operates under two brand labels covering retail/wholesale and institutional channels respectively.
  • **The founding manager and a partner oversee day-to-day operations**, supported by a team handling logistics, sales, and quality control.

Growth opportunities

Several growth avenues are available:

1. **E-commerce expansion** — The company's website is currently a placeholder ("Coming Soon"), presenting a clear opportunity to launch a direct-to-consumer online store targeting UAE and Gulf consumers, reducing reliance on wholesale channels.

2. **Gulf market penetration** — Extend wholesale distribution into Saudi Arabia, Bahrain, Kuwait, and Oman more aggressively — markets where the brand has limited current presence but strong product-market fit.

3. **Institutional channel scaling** — The aviation and hospitality supply channel is underdeveloped relative to its potential. Formalising B2B partnerships with major hotel chains and airlines across the GCC could significantly increase recurring revenue.

4. **Product line extension** — Expand into premium leather jackets, travel accessories, and corporate gifting — categories where the manufacturing partner already has capability.

5. **Private label / white label** — Offer custom leather goods manufacturing for other brands and retailers in the region, leveraging existing supply chain relationships.

Revenue and earnings by year

What the seller filed for each closed financial year, plus a trend for next year worked out from those years. The full accounts and the line-by-line detail sit behind an enquiry.

RevenueEBITDA
Financial yearRevenueEBITDA
FY2025AED 260,000—

Valuation

The seller's own method comes first. The other tabs read the same figures a different way — only methods the seller's figures can actually answer are shown.

Asset-based

Seller's method

AED 250,000

Assets AED 250K less liabilities AED 0

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