Profitable 3-Branch Eyewear Retail Chain in Dubai
Profitable 3-Branch Eyewear Retail Chain in Dubai
Profitable 3-Branch Eyewear Retail Chain in Dubai
Profitable 3-Branch Eyewear Retail Chain in Dubai
Profitable 3-Branch Eyewear Retail Chain in Dubai

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Profitable 3-Branch Eyewear Retail Chain in Dubai

GeneralDubai, Dubai, United Arab EmiratesVerified

Deal information

Est. 2023General
Asking price
AED 480.5K
Revenue
AED 960K
Profit
AED 156K
Multiple
3.1x

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Description

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.

Products & services

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.

Customers & market

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.

Operations & team

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.

Growth opportunities

  • 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

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 960,000AED 156,000

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.

SDE multiple

Seller's methodPrepared by AI

AED 480,480

SDE AED 156K × 3.08

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Asking price

AED 480.5K

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