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Thirty Y Old Business With Fifty + Optical Stores
Location: Saudi Arabia -> Riyadh
Industry: Retail > Other Retail



Business Summary

This business for sale is a 20 year old company selling Optical Frames, Sunglasses and Lenses in more than 50+ stores in United Arab Emirates, Kingdom of Saudi Arabia, Jordan, Qatar and Egypt.

The company is the Leader in KSA and Egypt in selling Luxottica, Safilo, Marcolin, De Rigo products (Ray-Ban, Gucci ,Tommy Hilfiger, Light Fly, Emporio Armani, Carrera, Tom Ford, Versace, Persol, Prada, Silhouette, Christian Dior, Givenchy, Hawkers, Dolce&Gabbana, Kenzo, Play, Twiins, Vogue, Michael Kors, Marc Jacobs, Giorgio Armani, Oakley, Polo Ralph Lauren, Ralph, Seen, Furla, Fendi, Kate Spade, Max Mara, Christian Dior Homme, Hugo Boss, Ray-Ban Junior, In Style, Jimmy Choo, Tiffany, Hugo, Montblanc, Prada Linea Rossa and more.

The Management is considering an exit or a sale of shares for an imminent relaunch in the Gulf. This company is an undisputed leader in Jordan and a top player in Saudi Arabia.

Gross Profit: 23,000,000 AED (6,200,000 USD)

Financials
Asking Price Range:  > $35.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business
Year Established:  2003
Number of Employees:  50 - 99
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned




Print Listing Id: 700360754
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