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Luxury Furnishing Business for Sale in Muscat, Oman

Luxury furnishing business specializing in closets and bedroom fit-outs with 100+ clients in 2.5 years.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 234 thousand
Run Rate Sales USD 265 thousand
EBITDA Margin 35 %
Industries Luxury Furnishing
Locations  Muscat
Local Time 6:50 AM Asia / Muscat
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 117 thousand (Native Currency: OMR 45,000)
Reason: The current owner is selling the business due to their inability to dedicate time for supervision an... View More
Includes physical assets worth USD 39 thousand
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Business Overview
- The business is based in Muscat and specializes in custom luxury closets and bedroom sets, catering to a high-end clientele.
- Served over 100 clients in just 2.5 years of operation, with a majority being high-end individuals and 20% representing commercial clients within Oman.
- The company's current production capacity is at 65%, leaving room for a 35% increase in production without incurring additional overhead or labor costs.
- The annual revenue averages OMR 90,000 with an annual net profit of around OMR 8,000 Omani Rial.
- There is potential for increased profit if the owner directly involves themselves in the business and reduces one staff member, potentially generating an additional OMR 500 per month without compromising profit.
- The business operates from a single branch and focuses on selling limited, custom-designed products. There is potential for scalability and increased sales, particularly through the introduction of new products and expanding the current product range.
- All our products are custom-designed for each client and are manufactured in-house with the support of an in-house engineer.
-By dedicating more time to finding and introducing new products, the profitability and revenue generation capacity of the business can increase.
- We have a complete set of registration and commercial certificates that ensure compliance with the government approvals.
Products & Services Overview
The business’s top-selling products are custom-designed, high-end items tailored for individual clients and some commercial entities. These products are manufactured in-house and are popular among high-end individuals and commercial clients in Oman.
Assets Overview
The buyer will acquire all necessary tangible assets like furniture and fixtures, along with a workshop equipped with hand tools and light industrial equipment.
Additionally, the key intangible includes unfinished sales contracts worth approximately 20,000-30,000 OMR per month, ensuring immediate profit potential.
Facilities Overview
We have a 100 square meter showroom and a 100 square meter workshop.
The showroom is available at OMR 450 per month in a prime location, while the workshop rents for OMR 150 per month with a potential expansion to 200 square meters for a 3,000 OMR investment.
The layout is single-story, with flexible lease terms available.
Capitalization Overview
The business is funded 100% by cash from a single owner. Running independently through reoccurring cash from sale since inception, without any debts and liabilities.
Recent Activity
  • Earlier than 15 days
    Managing Partner And Head M&A, Hyderabad, Financial Consultant connected with the Business
  • Earlier than 15 days
    MD, Muscat, Financial Consultant connected with the Business
  • Earlier than 15 days
    VP Operations, ISP, Bangalore, Corporate Investor / Buyer connected with the Business
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
3 Buyers contacted this Business this month. 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.
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