Luxury Furnishing Business for Sale in Jeddah, Saudi Arabia
For Sale: Luxury custom rug brand, having served 2,000+ customers across the GCC market.
Premium Plan
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | General Partnership |
| Reported Sales | USD 200 - 300 thousand |
| Run Rate Sales | USD 310 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Luxury Furnishing + 1 more |
| Locations | Jeddah |
| Local Time | 5:08 AM Asia / Muscat |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.17 million
(Native Currency: OMR 450,000)
Reason: The owners are currently focused on other ventures and are unable to dedicate sufficient time to the...
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Includes physical assets worth
USD
13 thousand
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Documents
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Business Overview
- The business is a luxury custom rug brand serving the GCC market.
- Founded in Muscat, Oman, it is currently headquartered in Jeddah, Saudi Arabia.
- Over the past five years, the company has established itself as a recognized design-led brand in the luxury interiors segment.
- Most sales are generated through the company's Shopify store.
- Deliveries are handled by third-party logistics partners.
- The business is supported by a single employee who manages day-to-day operations.
- It has built an organic social media following of more than 120,000 Instagram followers.
- The business works with two OEM manufacturing partners that produce rugs exclusively to its specifications and quality standards.
- To date, it has served more than 2,000 customers across the region.
- The company operates with a valid commercial license and is fully registered.
- The owner is currently based in Muscat and uses the listed contact number for all business communications.
- Founded in Muscat, Oman, it is currently headquartered in Jeddah, Saudi Arabia.
- Over the past five years, the company has established itself as a recognized design-led brand in the luxury interiors segment.
- Most sales are generated through the company's Shopify store.
- Deliveries are handled by third-party logistics partners.
- The business is supported by a single employee who manages day-to-day operations.
- It has built an organic social media following of more than 120,000 Instagram followers.
- The business works with two OEM manufacturing partners that produce rugs exclusively to its specifications and quality standards.
- To date, it has served more than 2,000 customers across the region.
- The company operates with a valid commercial license and is fully registered.
- The owner is currently based in Muscat and uses the listed contact number for all business communications.
Products & Services Overview
Top-selling products are bespoke fine wool hand-tufted and hand-knotted rugs, purchased by customers seeking luxury furnishings and timeless rugs for their homes.
Assets Overview
Tangible assets:- Inventory.
Intangible assets:
- Website and social media accounts.
- Client base.
- Registered entity with a commercial license.
Facilities Overview
The business operates from a rented facility in Jeddah, Saudi Arabia.
Capitalization Overview
The business has been entirely self-funded since inception and has no outstanding loans or external debt. It is owned by two partners, with equity held in a 65% and 35% ownership split.
Tags:
Online Marketplace Business for Sale in Jeddah, Saudi Arabia
·Purchase Online Marketplace Business in Jeddah, Saudi Arabia
·Luxury Furnishing Business for Sale in Jeddah, Saudi Arabia
·Purchase Luxury Furnishing Business in Jeddah, Saudi Arabia
·Buy Online Marketplace Business in Jeddah, Saudi Arabia
·Buy Luxury Furnishing Business in Jeddah, Saudi Arabia
·Online Marketplace Business for Sale
·Luxury Furnishing Business for Sale
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