Luxury Footwear Company Seeking Loan in Salmiya, Kuwait
Luxury shoe and bag repair company seeking loan to expand with a new branch.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 200 - 300 thousand |
| Run Rate Sales | USD 293 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Luxury Accessories + 1 more |
| Locations | Salmiya |
| Local Time | 2:06 PM Asia / Kuwait |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
98 thousand
for
10.0%
annual interest,
6
years
(Native Currency: KWD 30,000)
Reason: We are seeking a loan to open a new branch focused on laundry services. Until now, our business has ...
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Collateral Available: USD 0
Includes physical assets worth
USD
32.6 thousand
Interested to connect with advisors
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Business Overview
- The company is a professional luxury bags and shoes restoration, recoloring, and cleaning service provider.
- Customers give us their high-end products, and we restore them to their original condition.
- All restoration work is done by hand by our team of 13 permanent employees.
- The company earns revenue by charging customers for the restoration, cleaning, and recoloring of luxury products. The amount charged varies by each product and service required for its restoration.
- Customers reach us through Instagram (23K+ followers) and our physical showroom.
- Our top priority is customer satisfaction.
- We operate as an LLC with a valid Kuwait registration.
- Customers give us their high-end products, and we restore them to their original condition.
- All restoration work is done by hand by our team of 13 permanent employees.
- The company earns revenue by charging customers for the restoration, cleaning, and recoloring of luxury products. The amount charged varies by each product and service required for its restoration.
- Customers reach us through Instagram (23K+ followers) and our physical showroom.
- Our top priority is customer satisfaction.
- We operate as an LLC with a valid Kuwait registration.
Products & Services Overview
We are a professional company specializing in the restoration, recoloring, and cleaning of luxury bags and shoes. Customers trust us with their high-end products, and we expertly revive their original beauty and finish.
Assets Overview
Tangible assets:- Tools and Equipment.
Intangible assets:
- Instagram handle (23K+ followers)
- Client base.
- Registered LLC entity.
Facilities Overview
We operate from two rented facilities:- Our showroom measures 15 sq m.
- The workshop, where all restoration work is carried out, is 240 sq m.
Capitalization Overview
We currently have an outstanding loan of 15,000 KWD with a very high interest rate, which will be fully repaid this year. Until now, the business has been funded by the three partners.
Tags:
Luxury Accessories Company Seeking Loan in Salmiya, Kuwait
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·Lend to Luxury Footwear Company in Salmiya, Kuwait
·Luxury Accessories Company Seeking Loan
·Luxury Footwear Company Seeking Loan
·Lend to Luxury Accessories Company
·Lend to Luxury Footwear Company
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