Newly Established Kitchen Utensils Business for Sale in Sharjah, UAE
Established | 0-1 year(s) |
Employees | < 2 |
Legal Entity | Other |
Reported Sales | USD 20.4 thousand |
Run Rate Sales | USD 49 thousand |
EBITDA Margin | Operating at loss |
Industries | Kitchen Utensils + 1 more |
Locations | Sharjah |
Local Time | 6:48 PM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Recently Active |
- The cloud kitchen sales are done through Talabat.
- We sell kitchen products on marketplaces like Noon and Amazon.
- Majority of the sales, about 60% are from the cloud kitchen.
- Strategic partnership with a third-party logistics (3PL) provider offering cash on delivery services at a competitive rate of AED 14 per delivery, enhancing the customer experience.
- The business has a trade license that permits it to operate in 7 industries.
- Buyer will get the trade license, bank account with AED 12,000 balance, and all the other intangible assets owned by the business.
- Business poised for growth in the UAE's dynamic markets with the ability to cater to a wide range of customer needs, backed by comprehensive industry permissions.
The other vertical is for selling kitchen utensils on online marketplaces, here also since the business is in a nascent stage, there is no single top selling product.
- Cash in bank of AED 12,000.
- Product inventory.
Intangible assets include:
- Non functional domain.
- Seller accounts on Talabat, Noon, and Amazon.
- Brand name.
- Legal entity with permission to conduct business in 7 industries.
- No loans or debts.
- The initial funding was done by the owner who bootstrapped this business.