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    30Y Old Business with 50+ Optical Stores in Middle East

    Description

    L#20200777

    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)

    Basic Details

    Target Price:

    TBA

    Gross Revenue

    $6,800,000

    EBITDA

    TBA

    Business ID:

    L#20200777

    Country

    Saudi Arabia

    City:

    Riyadh

    Detail

    Business ID:L#20200777
    Property Type:Retail Miscellaneous
    Property Status:For Sale
    Target Price: TBA
    Gross Revenue:$6,800,000
    EBITDA:TBA
    Target Price / Revenue:TBD
    Target Price / EBITDA:TBD
    Reason for Selling:Expansion in MENA Region
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      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)

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