Need help?

Furniture Company Seeking Loan in Dubai, United Arab Emirates

Manufacturer of furniture and upholstery selling products online and offline having 40 corporate clients.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 250 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 9 %
Industries Furniture
Locations  Dubai
Local Time 8:31 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 140 thousand for 11.0% annual interest, 2 years (Native Currency: AED 500,000)
Reason: To increase production in order to meet a future permanent order.
Collateral Available: USD 160 thousand
Includes physical assets worth USD 35 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- We are manufacturer of furniture upholstery and sell our product both online and offline.

- Have business relations with Amazon-Souq and Noon to sell our products online within UAE.

- Company has 1,500 products listed on Noon with 750 more to be listed within a few days.

- We have 40 clients which include retailers and huge corporate clients.

- Also, have a warehouse that acts as a showroom to provide products to individual customers.

- Our products are produced on an order basis and we have the capacity to produce 15 pieces per day.

- Promoter has over 20 years of experience in the field of manufacturing.

- Plan to increase our market in Saudi Arabia and Oman in the future.

- Have received a permanent order for 2 years for 15 sofa sets per day for which we require funding.

Products & Services Overview

Sofa, Bed base, Curtains, Sofa cum beds, Storage base.

Facilities Overview

Rented 2,800 Sq Ft warehouse with mezzanine floor.

Recent Activity
  • Earlier than 15 days
    Partner, Stuttgart, Business Broker connected with the Business
  • Earlier than 15 days
    Sales Coordinator, Dubai, Commercial Real Estate Broker connected with the Business
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

3 Investors already contacted this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more