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Soft Furnishing Store for Sale in Dubai, UAE

Well-established eCommerce brand with thousands of Emirati customers database and an Instagram with 32k followers.
This Business is on a Premium Plan
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
Overall Rating
Full Sale
Asking Price: USD 245 thousand (Native Currency: AED 900,000)
Reason: Founder and CEO moved to US for family reasons.
Includes physical assets worth USD 16.3 thousand
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Business Overview
- eCommerce portal selling ready-made and private label home decor items and tableware.
-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.
Products & Services Overview
Home decor, home textiles, tableware, decorative items, and candles.
Assets Overview
Customer database, social media account (32,000 followers on Instagram) brand name, website domain, inventory in stock.
Facilities Overview
Rented office and warehouse located together in a business tower located in Al Barsha, on Sheikh Zayed. We pay a yearly rent of AED 52,000.
Capitalization Overview
Not Disclosed
Recent Activity
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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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