Soft Furnishing Store Seeking Loan in Sohar, Oman
Retail store providing furniture and carpets for commercial, industrial, and residential needs.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 325 thousand |
| Run Rate Sales | USD 220 thousand |
| EBITDA Margin | 12 % |
| Industries | Furniture Stores + 1 more |
| Locations | Sohar |
| Local Time | 3:34 PM Asia / Muscat |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
26 thousand
for
15.0%
annual interest,
2
years
(Native Currency: OMR 10,000)
Reason: We need funds to increase our inventory, as to efficiently deliver the materials.
Also our cash flo...
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Collateral Available: USD 26 thousand
Includes physical assets worth
USD
39 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Tax Certificate
(550.4 KB)
Business Overview
- Furniture and carpet store located in the city of Sohar since 1990.
- Well-established client base which include various companies in the industrial area, Government firms, universities, and hospitals in sohar.
- Currently focusing on Oman made products - Premium quality HDF furnitures and Steel furnitures from select manufacturers delivering premium quality products.
- Special relationship with manufacturers for uniqueness in the local market (Sohar).
- Well-established client base which include various companies in the industrial area, Government firms, universities, and hospitals in sohar.
- Currently focusing on Oman made products - Premium quality HDF furnitures and Steel furnitures from select manufacturers delivering premium quality products.
- Special relationship with manufacturers for uniqueness in the local market (Sohar).
Products & Services Overview
Office furnitures for government and industrial entities.Carpet flooring for homes and offices.
Mosque carpets (Turkey).
Assets Overview
Tangible assets include an average inventory of OMR 10,000 and 2 vehicles - A SUV and pickup for transportation.The company has goodwill amongst the customers in the local market.
Facilities Overview
Rented shop space of 150sqm in the city in the center of furniture market and a warehouse (250sqm) away from the city.We pay a total monthly rent of OMR 1,000 including a flat for staff just above the shop.
Capitalization Overview
- The company has 3 Shareholders in 70:20:10 ratio. 30% Omani sponsor (only on CR)- The owner has complete Stake and control over the shop.
- The company has a debt of OMR 3,000.
Recent Activity
-
Earlier than 15 daysIndependent Advisor, Delhi, Financial Consultant connected with the Business
Tags:
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·Lend to Curtain & Bedding Shop in Sohar, Oman
·Lend to Soft Furnishing Store in Sohar, Oman
·Lend to Pillow & Cushion Shop in Sohar, Oman
·Furniture Store Seeking Loan in Sohar, Oman
·Home Decor Shop Seeking Loan in Sohar, Oman
·Furniture Shop Seeking Loan in Sohar, Oman
·Wallpaper Shop Seeking Loan in Sohar, Oman
·Lend to Furniture Retailer in Sohar, Oman
·Carpet Store Seeking Loan in Sohar, Oman
·Lend to Furniture Store in Sohar, Oman
·Lend to Home Decor Shop in Sohar, Oman
·Lend to Furniture Shop in Sohar, Oman
·Lend to Wallpaper Shop in Sohar, Oman
·Curtain & Bedding Shop Seeking Loan
·Lend to Carpet Store in Sohar, Oman
·Soft Furnishing Store Seeking Loan
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