Total of 18657 firms and businesses for sale today Friday 29th March 2024
Time to Sell or Time to Buy !

Sold. Acquisition Opportunity – Bar Equipment Supplier

LISTING DETAILS
Firms For Sale ID:
34731
Vendor reference:
F4S2129
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
Undisclosed  
Turnover / revenue:
$500,000 - $1,000,000
Net profit / cashflow:
$100,000 - $250,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Our Client is a supplier of bar equipment to bars, restaurants and hotels in the United Arab Emirates, one of the world’s leading food and beverage markets.
It supplies an extensive range of products and also offers in-house branding and product customisation for volume orders.
A well established, experienced team run the business on a day to day basis, with minimum input from the Shareholders. A small sales team manages the Company’s 150 customers, which include well-known brands in the region, as well as sourcing new business.
The Company operates from a leased warehouse in Dubai which has room for expansion.
Strong positive growth is projected for alcoholic drinks, driven by a relaxation of the laws on alcohol during Ramadan and the forthcoming Dubai Expo2020. As a result, many new on-trade outlets have been commissioned for completion and previously stalled projects have now been restarted.
This Company is easily scalable to leverage the opportunity this presents. A buyer of this Company would benefit from an existing profitable structure, excellent brand name, experienced team and broad stock holding.

Highlights
• Excellent reputation as a reliable, consistent and quality supplier of bar equipment to the hospitality sector
• Well positioned to grow within a rapidly expanding market
• Excellent Customer Base with a high degree of repeat business (75%)
• Well established team which operates with minimum involvement from the shareholders
• Strong brand name within Dubai and UAE markets
Financials
• Actual 2016 Turnover 3.33M AED
• Actual 2016 Gross Profit 2.17M AED
• Actual 2016 adj. EBITDA 849K AED