Perfumes Business Seeking Loan in Dubai, UAE
UAE’s first premium homegrown solid perfume brand, offering five distinct fragrances, seeking funding.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 2.6 thousand |
| Run Rate Sales | USD 31 thousand |
| EBITDA Margin | 40 % |
| Industries | Perfumes |
| Locations | Dubai |
| Local Time | 9:29 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
68 thousand
for
10.0%
annual interest,
2
years
(Native Currency: QAR 250,000)
Reason: Loan amount will be used for marketing, portal listings, a second delivery vehicle, and for a produc...
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Collateral Available: USD 82 thousand
Includes physical assets worth
USD
20.5 thousand
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Business Overview
- First premium homegrown solid perfume brand in the UAE, offering five distinct fragrances.
- The solid perfume products are designed to be compact and easy to carry around.
- An important selling point is that the perfumes have zero alcohol content.
- The company has sold 263 pieces of solid perfume since its inception in December of last year.
- The business is in a growth stage and seeking funding to expand its operations and grow its market presence globally.
- With the potential of the market being high and minimal competition at this stage, the company aims to start small, focusing on a store as its initial point of sale.
- The solid perfume products are designed to be compact and easy to carry around.
- An important selling point is that the perfumes have zero alcohol content.
- The company has sold 263 pieces of solid perfume since its inception in December of last year.
- The business is in a growth stage and seeking funding to expand its operations and grow its market presence globally.
- With the potential of the market being high and minimal competition at this stage, the company aims to start small, focusing on a store as its initial point of sale.
Products & Services Overview
Products include 5 premium solid perfume fragrances.Which is in a compact size, easy to carry around, and with zero alcohol content.
Can be used by both men and women.
Sold through a store.
Assets Overview
Perfume mixing equipment, delivery car, perfume ingredients.
Facilities Overview
Currently the store is an 800 sq. ft. facility.A production unit is leased annually for AED 70,000.
Location is Preston Rd. Inglewood.
Capitalization Overview
Currently I have started this with the savings I had. Total of AED 185,000 has been invested in the business for manufacturing unit, office, perfume manufacturing products, and packaging. Currently, the promoter and brother own the business with 50-50 shares split.
Recent Activity
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Earlier than 15 daysPresident, Information Technology, Baku, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, IT And Food, Dubai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
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