Home Furnishings Wholesale Company for Sale in Ras Al-Khaimah, United Arab Emirates
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 |
- 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.
- We are a service-centric enterprise based in SAIF Zone, Sharjah – United Arab Emirates.
- We supply food and non-food branded products to HoReCa.
DM membership.
Registered vendor with 3 hotel chains and consultants.
Bank loan facility of AED 750K.
Other office supplies.
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.
- The business has a single shareholder, who who holds 100% stake in the company.
- The business is debt free.
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Earlier than 15 daysOperations And Technology Executive, Financial Services, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Building Products Wholesale, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Industrial Gases, Pune, Individual Investor / Buyer connected with the Business