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Footwear Wholesale Company Seeking Loan in Dubai, United Arab Emirates

Footwear wholesale business in Dubai with its own brand, seeks working capital to accommodate orders.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 590 thousand
EBITDA Margin 16 %
Industries Footwear Wholesale
Locations  Dubai
Local Time 6:35 PM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 109 thousand for 20.0% annual interest, 2 years (Native Currency: AED 400,000)
Reason: Accommodate orders of current clients and to meet future potential orders.
Collateral Available: USD 109 thousand
Includes physical assets worth USD 54 thousand
Business Overview
- Footwear wholesaler of its own brand of casual and Arabic men's footwear.
- We have our own manufacturing business in Pakistan and the business entity in UAE solely handles the wholesale and exports of footwear.
- Supply to 2 major supermarket clients (Al Madina & Nesto), Day To Day discount market, Green House market, and 300+ conventional footwear retailers.
- We primarily deal in wholesale, and only export to international clients on an order basis.
- We supply 50+ bulk orders on a monthly basis.
- Have received orders worth AED 400,000 from a supermarket client (200k initially and the remaining after fulfilment of the first order).
Products & Services Overview
Every kind of men's footwear with synthetic leather.
Assets Overview
Inventory and warehouse set up.
Facilities Overview
Rented office and 800 sq ft warehouse.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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