Soft Furnishing Store for Sale in Dubai, UAE
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 160 thousand |
Run Rate Sales | USD 163 thousand |
EBITDA Margin | Nil |
Industries | Soft Furnishing Stores + 1 more |
Locations | Dubai |
Local Time | 10:56 AM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Active |
-Premium domain name.
- We sell private label decor items under our own brand name.
- The sales split between ready-made and private label products is 50-50.
- Since our inception, we have made total sales of AED 2 million.
- Business has a gross profit of over 60% but due to high administrative and marketing costs, we are currently operating close to breakeven.
- Have spent approx USD 200,000 on performance marketing.
- Received total orders of over 3,000 and we currently get around 100 orders on a monthly basis.
- Our customers are mostly Emirati women (around 1,800) from the GCC region.
- Other highlights of the brand:
* Conversion rate: 1.5 %
* Average order value: 600 AED.
* Return customer rate: 25%
* Online store sessions: 270K.
- Business has two directors, with the promoter holding the majority stake.
- Company does not have any debts or liabilities.
- The promoter has already relocated to the US and the operations are handled by an experienced operations executive in Dubai.
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Earlier than 15 daysOwner, Dubai, Business Broker connected with the Business
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Earlier than 15 daysDirector, Construction, Hong Kong, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Cosmetics, Berlin, Individual Investor / Buyer connected with the Business