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Newly Established Soft Furnishing Store Seeking Loan in Ramallah, Palestine

Business loan required to expand inventory for popular LED mirrors and home furnishing business.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 510 thousand
EBITDA Margin 13 %
Industries Soft Furnishing Stores
Locations  Ramallah
Local Time 7:07 AM Asia / Jerusalem
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 140 thousand for 10.0% annual interest, 3 years (Native Currency: JOD 100,000)
Reason: To increase the inventory to meet demand.
Collateral Available: USD 0
Includes physical assets worth USD 42 thousand
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Business Name
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Business Overview
- Located in Ramallah, this newly started business imports and sells high-quality products, focusing on LED mirrors, which are popular for home décor and bathroom applications.
- Currently serving 20-30 clients across Palestine, the business emphasizes customer satisfaction by guaranteeing the quality of all products sold.
- By selecting only the best products, the company aims to differentiate itself from competitors and establish a reputation for excellence in the market.
- The main revenue stream comes from the sale of premium LED mirrors, tapping into growing trends in home décor and modern bathroom design.
- The business sources its products from China, taking advantage of competitive pricing and innovative designs to offer unique items to Palestinian consumers.
- Focused on long-term growth, the company is not merely a small business but is committed to creating a recognizable brand that resonates with customers in Palestine.
- Offline sales constitute the primary and dominant revenue stream, complemented by online sales through social media platforms.
- Operates with a valid registration certificate.
Products & Services Overview
Offers imported high-quality products like LED mirrors and home décor items, which are popular for home décor and bathroom applications.
Assets Overview
Tangible assets:
- Stock of goods.
- Furniture and fixtures.
Facilities Overview
The business operates from a rented warehouse of approximately 100 square meters located in Ramallah.
Capitalization Overview
- Sole owner.
- No loans or debts.
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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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