Soft Furnishing Store Seeking Loan in Beirut, Lebanon
Established | 40-50 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Partnership (LLP) |
Reported Sales | USD 270 thousand |
Run Rate Sales | USD 540 thousand |
EBITDA Margin | 16 % |
Industries | Soft Furnishing Stores |
Locations | Beirut |
Local Time | 10:37 AM Asia / Beirut |
Listed By | Business Owner / Director |
Status | Active |
Revenue model:
- Direct Sales: Supplied to hotels, spas, and retailers. Supply frequency is daily for retailers and on order basis for hospitality businesses. Also sold through the retail showroom.
- Wholesale: Partnering with distributors for broader market reach.
- E-commerce: Offering products through online marketplaces, catering to both individual customers and small businesses.
- Promoter has over 20 years of expertise in the textiles and home linens industry.
- Proven track record of innovation and quality in product development.
- Long-standing partnerships with top-tier hotels and hospitality chains.
- Collaborative relationships with interior designers and procurement managers.
Industry Awards and Certifications:
- "Best Luxury Linens Supplier" by the Hospitality Industry Association.
- "Excellence in Home Textiles" award at the International Textiles Expo.
These highlights underscore our commitment to quality, customer satisfaction, and industry leadership.
The sales dropped significantly last year as there was a nationwide economic crisis and this year the business has stabilized.
- High-thread-count bed sheets: Favored by luxury hotels and discerning homeowners for their softness and durability.
- Plush towels: Popular with upscale hotels and spas for their absorbency and comfort.
- Duvet covers and comforters: Preferred by boutique hotels and vacation rentals for their style and coziness.
- Pillowcases and decorative cushions: Used by interior designers and homeowners to enhance bedroom aesthetics.
- Bathrobes: Sought after by high-end hotels and resorts for guest comfort and elegance.
These products are widely used by luxury hotels, boutique accommodations, spas, interior designers, and homeowners seeking premium quality linens.
Sold through retail store, supply to hospitality businesses and retailers, wholesalers and online marketplaces.
- Factory Facility.
- Industrial Textile Machinery.
- Transport Fleet.
4 pickup trucks.
Intangible Assets:
Brand Ownership:
A luxurious brand known for over 40 years, symbolizing quality and comfort in the home linens industry.
Customer Relationships:
Long-standing partnerships with luxury hotels, boutique accommodations, and high-end home retailers.
Reputation and Goodwill:
Recognized for quality and reliability in the market.
Intellectual Property:
Trademarks and branding associated with other product lines.
Built-Up Area: 836 square meters.
Layout: Open space, ground floor with a dedicated truck facility entrance.
Ownership: Fully owned by the company.
Estimated Future Market Value: $800,000.
Equipment: Industrial textile machinery.
Transport: Fleet of 4 pickups for efficient logistics.
Leased showroom facility:
Area: 700 square meters.
Lease Details: Leased for over 40 years.
Location for both is Jisr el Wati, Beirut.
Funding History:
- Funded through family savings and bank loans.
Initially operated as a single-family-owned business.
Current Ownership:
- Recently, the family sold all shares to the younger son.
The company shares are now divided among three members.
- Share Distribution:
Younger son: 60% ownership (60 shares)
Two other family members: 20% ownership each (20 shares each)
Financial Status:
- Debt-Free: No outstanding loans from banks, private entities, or government departments.
- Tax Compliance: No pending taxes.
This funding and ownership structure showcases the company's solid financial health and concentrated ownership, ensuring focused leadership and stability.
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Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business