Men's Apparel & Footwear Retail Shop in Dubai
Men's Apparel & Footwear Retail Shop in Dubai
Men's Apparel & Footwear Retail Shop in Dubai
Men's Apparel & Footwear Retail Shop in Dubai
Men's Apparel & Footwear Retail Shop in Dubai
Verified

Men's Apparel & Footwear Retail Shop in Dubai

Dubai, Dubai, United Arab Emirates

Description: Established in 2022, this men's ready-made garments and footwear shop operates from a prime mall location in Dubai. The 600 sq ft store generates approximately AED 760,000 in annual revenue with a net profit of around AED 70,000. Sale includes inventory valued at AED 260,000, supplier relationships, and a trained three-person team.

Mens Wear

Deal information

Company: MENS STYLE PARK TRADING L.L.C

5 peopleEst. 2022Business

Asking price

AED 260K

Revenue

AED 760K

Profit

AED 70K

Multiple

3.7x

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

Products & services

Complete range of men's wear including ready-made garments and footwear, catering to everyday, formal, and casual fashion needs. Product categories include shirts, trousers, suits, casual wear, and footwear. The shop operates on a traditional walk-in retail model within a high-traffic mall environment. Current inventory is valued at approximately AED 260,000, covering a diverse and well-curated product mix. The business holds established supplier relationships that ensure consistent stock replenishment across all categories.

Customers & market

The business has built a steady customer base since 2022, benefiting from strong mall visibility and consistent walk-in traffic. The store serves a diverse range of male shoppers in Dubai seeking affordable, quality menswear. Revenue is driven by individual retail transactions with no single-customer concentration risk. The Dubai men's retail apparel market continues to grow, supported by population growth, tourism, and increasing fashion consciousness among male consumers in the region.

Operations & team

Founded in April 2022, the business operates from a 600 sq ft retail unit in a well-known Dubai shopping mall. The team consists of three staff members: one shop in-charge (AED 3,000/month) and two sales staff (AED 2,000/month each). Annual rent is AED 118,000, competitive for a prime mall location and providing long-term operational stability. The business is fully licensed and registered. The current owner is exiting due to insufficient time to personally manage the business alongside other commitments. Existing supplier relationships and operational processes are included in the sale.

Growth opportunities

1. Expand product range to include accessories (belts, wallets, watches, fragrances) to increase average transaction value.

2. Launch e-commerce and social media selling channels to reach customers beyond mall footfall.

3. Participate actively in mall promotions, seasonal sales events, and holiday campaigns to boost footfall conversion.

4. Introduce a customer loyalty program to increase repeat purchase rate and build a contactable customer database.

5. Add complementary categories (women's or children's wear) under the existing trade license scope to diversify revenue streams.

6. Extend operating hours during peak shopping seasons to capture additional sales.

Reason for sale

L'attuale proprietario ha deciso di vendere l'attività a causa di altri impegni professionali che non consentono di dedicare il tempo necessario alla gestione operativa quotidiana. Si tratta di un'opportunità ideale per un nuovo acquirente motivato a guidare la fase successiva di crescita del negozio.

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
FY2024AED 760,000AED 90,000

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.

Seller's own figure

Seller's methodPrepared by AI

AED 260,000

As filed by the seller

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