Open To Sensible Offers!
CoGoGo is delighted to bring to the market Dubai Souq Preston, a vibrant and modern fragrance and vape retailer combining an eye-catching physical store with an established online presence.
The business offers an extensive selection of perfumes and fragrances, with a particular focus on popular Middle Eastern and Dubai-inspired scents. Alongside its fragrance offering, Dubai Souq also retails
vapes and related products
, creating an additional revenue stream and broadening its customer appeal. The business is supported by its e-commerce website and social media presence, giving a new owner an attractive platform for both in-store and online growth.
Offered for sale due to relocation overseas, the business provides exciting scope to expand through social media, influencer collaborations, digital advertising, increased online sales and further product development.
Financial Profile
We are advised that the business generates an annual turnover of approximately
£180,000
, with net profit of approximately
£90,000
.
Stock at value is understood to comprise approximately
£8,000 of perfumes
and
£4,500 of vape stock
, subject to final valuation.
Business Rates are £65,000 per annum.
