↩ Go Back
Need help?

Home Furnishings Wholesale Company for Sale in Ras Al-Khaimah, United Arab Emirates

For Sale: Company in Sharjah focussed on supplying food and non-food brand products to HoReCa.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 140 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 32 %
Industries Home Furnishings Wholesale + 1 more
Locations  Ras Al-Khaimah
Local Time 3:12 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 70 thousand (Native Currency: AED 250,000)
Reason: - Moving back to India. - We wish to sell the business at an attractive price before moving back to... View More
Includes physical assets worth USD 4 thousand
Interested to connect with advisors
Business Overview

- Company established in 2011 is in an ongoing effort to offer simple, effective and durable solutions for FF&E and OS&E for the HoReCa segment.

- The intent is to harmonize quality with price. Our approach is to take service back to basics, and with the help of technology, resolve problems.

- We have been servicing hotels in the UAE, Bahrain, Kuwait, Saudi & Lebanon since 2011.

- Company with a versatile range of food items, unique and patented soft furnishing solutions from TP Portugal, handmade carpets from India, elegantly designed & crafted loose interiors from Indonesia to Guestroom leather & faux leather accessories, custom-designed yet accessible bedding solutions.

- We supply the products to 20-25 businesses.

- Some of our clients include Emirates Palace, JW Marriott, and InterContinental.

- Business has zero liability and has a single owner.

- Business was struggling due to Covid. Revenue was even more before the pandemic.

- Associated with 5 big European brands.

- Registered with key clients as a dedicated supplier.

- Have a bank loan facility since we are an old company.

* Our most recent projects with product brief (projects from 2018 till date):

1. Mövenpick Downtown – HK & Back of the House Trolleys, GR SoE, Bed & Bath Linen (all products by VYOM)

2. Jumeirah at Saadiyat Island – Front of the House, Back of the House, House-keeping Trolleys and Room Service Trolleys (all products by VYOM)

3. The Jumeirah Beach Hotel – Guest Room electricals; Power & Media Hubs and Smart Alarm Clocks for the refurbishment of all 650 rooms. The Power & Media Hub and the Smart Clock are now the Brand Standard for the Jumeirah Group.

4. The Emirates Palace Hotel – Banquet Trolley Project with ZEPE, Italy.

5. Al Habtoor City – Buffet dispensers for the 3 Hotels, Brand is ZEPE, Italy.

6. Jumeirah Etihad Towers, AD – Carpets for 3 Residential Tower Lobbies.

7. Mövenpick Beirut – Banquet Equipment.

Products & Services Overview

- We are a service-centric enterprise based in SAIF Zone, Sharjah – United Arab Emirates.

- We supply food and non-food branded products to HoReCa.

Assets Overview

DM membership.

Registered vendor with 3 hotel chains and consultants.

Bank loan facility of AED 750K.

Other office supplies.

Facilities Overview

We are a Free Zone entity based in the UAE. We largely cater to our client base by servicing their existing and future requirements. We have outsourced our warehousing and logistics to maintain an economical structure.

Capitalization Overview

- The business has a single shareholder, who who holds 100% stake in the company.

- The business is debt free.

Recent Activity
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

12 Buyers 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