l-b-ae-238350K
AED · Asking bid
Established Greek Restaurant in Dubai JLT — AED 1.8M Annual Revenue
Dubai, United Arab Emirates
- Revenue
- AED 150K/mo
- Profit
- AED 10K/mo
- Multiple
- 2.9x

Asking price
AED 480,480AED
Established eyewear retail business with three operating branches across Dubai, offering prescription glasses, sunglasses, and blue-light eyewear solutions. Available as a complete portfolio or individual branch sales. DHA and RTA licensed, VAT registered.
Eyewear retail across three Dubai branches offering: - Prescription glasses with a wide selection of classic to contemporary frames - Sunglasses ranging from fashion-forward to practical styles - Blue-light protection eyewear solutions for digital device users - Vision support products combining style, comfort, and optical functionality - Customer-focused service including frame fitting and eyewear consultations Pricing model: point-of-sale retail with cash, card, and digital payment options. Average transaction value is driven by frame selection and lens upgrades.
Target market spans everyday eyewear needs (vision correction) and fashion-driven purchases (sunglasses, designer frames). Customer base includes Dubai residents seeking affordable-to-mid-range eyewear with professional service. The business serves a broad demographic — students, professionals, and families — with product variety catering to different style preferences and budgets. Three-branch footprint provides neighbourhood-level accessibility. Revenue is transaction-based with walk-in and referred customers; no single-customer concentration risk.
Three operating retail branches across Dubai, established October 2023 and expanded by the current owner to three locations. Total headcount: 6 staff (2 per branch), all on company visas. Combined monthly staff cost: approximately AED 20,400. Branch details: - International City: ~530 sqft, annual rent AED 55,000, 2 staff - Bur Dubai: ~250 sqft, annual rent AED 62,000, 2 staff - Al Garhoud Mall: ~200 sqft, annual rent AED 60,000, 2 staff Business is DHA and RTA licensed, VAT registered, with an active bank account. The owner acquired the business as a running operation and expanded to three branches. Reason for sale: owner's other business and personal commitments. Inventory is NOT included in the asking price — to be valued and sold separately. Further information available under NDA.
- Add optometry/eye exam services to increase average ticket size and attract prescription-driven foot traffic - Expand product range with premium and designer brands to capture higher-margin segments - Develop an e-commerce / online ordering channel for prescription refills and sunglasses - Implement a loyalty program to increase repeat purchase rate - Explore additional branch locations in underserved Dubai neighbourhoods - Partner with corporate wellness programs for bulk eyewear and blue-light solution orders
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Asking price
AED 480,480AED
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