An excellent investment opportunity to acquire an established and fully operational telecom shop in a prime Corniche location. The business already has its own existing customer base, giving the new owner the opportunity to take over an operating business without the need to start from scratch or spend heavily on setting up and fitting out a new shop. The premises are fully fitted with existing interior decorations and equipment, and all contents inside the shop are owned by the seller, including the glass, interior decorations, fittings, and other existing equipment. A quotation for the completed decoration and fitting works is also available. The trade license will be renewed for one full year, and all official documents related to the business have been renewed. The shop currently has 2 available visas, with the possibility of obtaining 4 additional visas, followed by another 4 visas, providing a good opportunity to expand the workforce according to the business requirements. The tenancy contract has 2 years remaining, with an annual rent of only AED 23,000 payable in 6 installments, helping maintain reasonable operating costs. The business has an established customer base and is being sold as a complete ready-to-operate setup, including all the listed contents, decorations, and fittings. The asking price is AED 85,000, negotiable, and includes all shop contents and equipment mentioned above.

Established Telecom Shop for Sale in Corniche

Amenities

Location

About Corniche Tower

Provided by

Regulatory information

Regulatory information