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Home Furnishings Wholesale Business Seeking Loan in Madaba, Jordan

Soft furnishings exporting business operating for 65 years in Madaba seeks funds for improvement.

Established 70-80 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 140 thousand
Run Rate Sales USD 152 thousand
EBITDA Margin 25 %
Industries Home Furnishings Wholesale
Locations  Madaba
Local Time 3:35 PM Asia / Amman
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 70 thousand for 12.0% annual interest, 5 years (Native Currency: JOD 50,000)
Reason: Improve and develop the business by purchasing more materials from China and increase profits.
Collateral Available: USD 170 thousand
Includes physical assets worth USD 170 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
Covers
Covers
Products
Store Front
Business Overview
- Business specializing in selling textiles, blanket, bed covers, curtains and other soft furnishings.
- Business was started by the promoter's late grandfather 65 years ago and has been continuing successfully.
- We purchase products directly from the manufacturers in China, India and import to Jordan.
- We have tie-ups with 4-5 manufacturers.
- Have 300-400 loyal dealers and traders purchasing products from us for a long time.
- Have a valid import-export license.
- Physical assets include the land and inventory.
Products & Services Overview
We trade textiles, blanket, bed covers, curtains and other soft furnishings.
Assets Overview
Building, office, air conditioners, and authentic designs.
Facilities Overview
Owned one-floor office space located on the main street in Madaba, Jordan.
Capitalization Overview
Personally funded by the owners of the project.
Recent Activity
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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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