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Franchise Investment

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Zohoor Al Reef

Reference ID: 1839

US$ 150000

Franchise Investment

Introduction

The first Zohoor Alreef shop opened in 1991 in Al Khobar, Saudi Arabia, selling a simple range of toiletries made from natural fruit and floral essences.

Franchise Description

Over the course of the next two decades, the business grew, and the company was able to open stores in the country’s major new malls. Perfumes, ‘oil perfumes’, cosmetics, gifts and accessories were added in response to demand from an increasingly affluent customer base. Zohoor Alreef has 150+ stores, mainly in Saudi Arabia and in Bahrain with expected sales turnover of 170 million SR by end of 2012. In addition, franchise stores operating successfully in Qatar, Kuwait and Saudi Arabia. The company founder Mr. Faisal Al Khaldy vision for international growth was to move Zohoor Alreef from a family owned business to a large stock trading company.

Zohoor Alreef strategy aims at growing across the GCC and wider MENA region, in 2012 to 2014. Zohoor Alreef serves multicultural middle to high-end income customers. The size of a typical Zohoor Alreef is between 45 sq.m


Type

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Retail > Perfumes / Cosmetics

Origin

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Saudi Arabia

Since

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20+ years

Area

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500-1000 (Sq Ft)

Available Areas

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Worldwide

Operational Outlets

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Royalty fee

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2 %

Franchise Fee

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US$ 20,000