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Dubai, UAE / Dubai

£3,060,000
Elite Property Brokerage LLC, Dubai
PROPERTY TYPE

Apartment

SIZE

5,400 sq ft

502 sq m

Description

ELITE PROPERTY BROKERAGE IS DELIGHTED TO OFFER THIS 15 PHARMACY RENTED FACILITIES & 1 X DRUG STORE WAREHOUSE DISTRIBUTION CENTER FOR SALE AS A RUNNING BUSINESS.

Below are the key points to highlight for investors:-

Network Size: 15 pharmacies strategically located across Dubai, Khorfakkan, Hatta, Kalba, and Fujeirah.
Sales Performance: Daily average sales of AED 75,000, with a breakdown of 95% cash transactions and 5% credit and insurance.
Central Operations: A central warehouse and head office in Al Qusais with a built-up area of 5,400 sq. ft., capable of supporting up to 60 pharmacies.
Insurance Coverage: Partnerships with all major insurance providers.
E-Commerce Ready: A fully functional platform offering 6,000 products.
Delivery Network: Established tie-ups with all major delivery partners.
Vendor Agreements: Long-term purchase agreements with leading vendors, offering credit terms of 90120 days.
Brand Contracts: Annual purchase contracts with key brands and principal companies.
Financial Stability: No external liabilities, such as bank loans or financial facilities.
Ownership Structure: Uniform ownership across all pharmacies, with the sponsor prepared to transfer ownership to buyers.

We are ready to proceed with this sale of company once we receive Aed 15,000,000/- (Fifteen million dirhams) for 15 Pharmacies +1 Drug Store Warehouse Distribution Center.

The expected sales price does not include the following:-
Stock in the retail units & Drug store warehouse
Trade receivables (insurance, corporate credit customer & aggregator partners receivables)
Prepaid rents
Security Deposits
Prepaid Trade/Facility/Professional licenses
Few movable fixed assets

Call Bee at + for further details.

Company Name: E L I T E Property Brokerage
Address: Office 613, The Onyx Tower 1, The Greens(SZR), Dubai-UAE
Company Email:
Telephone Number: +
RERA ORN: 25831

Dubai, UAE / Dubai

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Dubai(International)
    18.2 miles

About Elite Property Brokerage LLC, Dubai

Awarded Best Boutique Agency in Dubai 2022 🏆

Official Platinum Alliance by EMAAR Partner 💎

Crypto Payments 🪙

📍Dubai | Abu Dhabi | UK

Notes

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This is a property advertisement provided and maintained by Elite Property Brokerage LLC, Dubai (reference EPS-S-6157) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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