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Listing ID: 2542274

21 Year Old Running Fragrance Manufacturing & Distribution Business For Sale

Sharjah, United Arab Emirates

$ 3,000,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 1m to 5m

Cash Flow: $ 100k to 250k

Business Description

This is a 20+ year old business involved in the manufacture and distribution of fragrance oils and other related raw materials across the U.A.E. and several neighboring countries.
Our customers include SMEs and larger multinational companies in the perfume and personal care products industry.
With an annual turnover of USD 1 million the owners take-home remuneration is approx. USD 150,000 per annum.
A buyer would essentially be getting:
1. An established name in the industry.
2. Debt-free business
2. Assets in excess of USD 50000
3. Low running costs
4. Running business with a portfolio of customers spread across the GCC.
5. Established relationships with suppliers
6. Low rent premises in the heart of the city
7. Hassle free local (sleeping) partner
Audited Accounts: Over 4 years of Audited accounts available.
Potential: Tremendous opportunity to expand the existing business. Ideally this business would suit someone who is looking for an existing customer and supplier network on which they can build upon and establish themselves as leading suppliers of raw materials to the fragrance and household cleaning products' industry. A minor investment in manufacturing equipment and sales can boost the annual turnover of this company.
Further information available upon request, please contact seller below for more details.

Property Details

Size:

+2000sq ft

Years Established:

1997

Property Type:

Lease

Other Details

Business Location:

SHARJAH

Premise Details:

RENTED PREMISES AT BELOW MARKET RENT

Competition:

THERE IS HIGH COMPETITION AND OUR SUCCESS IS DOWN TO MAINTAINING RELATIONSHIPS WITH CUSTOMERS AND PROVIDING TRANSPARENT and GOOD SERVICE

Expansion Potential:

IMMENSE POTENTIAL TO EXPAND WITH MINOR INVESTMENT INTO SALES FORCE. THIS IS A GREAT OPPORTUNITY TO BUILD UPON FOR SOMEONE THAT ALSO HAS EXPERIENCE IN ESTABLISHING A SUCCESSFUL SALES FORCE.

Operation Details

Employees:

10

Trading Hours:

8am-6pm

Support & Training:

EXISTING OWNER IS WILLING TO PROVIDE OPERATIONAL SUPPORT FOR 1-2 YEARS INTERIM PERIOD ON MINIMAL SALARY WHICH IS OPEN TO DISCUSSION

Relocatable:

Business Relocatable

Miscellaneous

Reason For Selling:

OWNER IS MOVING TO DIFFERENT COUNTRY

Contact this seller

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