Women's Apparel Store Investment Opportunity in Salmiya, Kuwait
Luxury cloth rental and selling company with 100+ clients in a year seeks investment.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 273 thousand |
| Run Rate Sales | USD 350 thousand |
| EBITDA Margin | 40 % |
| Industries | Women's Apparel Stores |
| Locations | Salmiya |
| Local Time | 11:32 AM Asia / Kuwait |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
980 thousand
for
20.0%
stake
(Native Currency: KWD 300,000)
Reason: The owner is seeking investment because of a shortage in cash flow as she is looking to expand. The ...
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Includes physical assets worth
USD
325 thousand
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Business Overview
- Company involved in wedding clothes rental and selling of luxury clothes.
- Our monthly sales range from KWD 40,000 to KWD 60,000 during the season.
- The number of our clients during the year is approximately 100 clients.
- Customer service has greater importance in our business.
- We rent wedding dresses, from KWD 500 to KWD 3,000.
- Our clients are mainly in the regions of Kuwait, Qatar, and Saudi.
- We make sure to wash and maintain the clothes after they are returned back.
- The business receives 5-10 clients monthly; during the season, this can go up to 20.
- We have 3 tailors for handmade, 4 tailors for embroidery, 3 sales ladies, 3 brides assistant, and the owner/
- Our monthly sales range from KWD 40,000 to KWD 60,000 during the season.
- The number of our clients during the year is approximately 100 clients.
- Customer service has greater importance in our business.
- We rent wedding dresses, from KWD 500 to KWD 3,000.
- Our clients are mainly in the regions of Kuwait, Qatar, and Saudi.
- We make sure to wash and maintain the clothes after they are returned back.
- The business receives 5-10 clients monthly; during the season, this can go up to 20.
- We have 3 tailors for handmade, 4 tailors for embroidery, 3 sales ladies, 3 brides assistant, and the owner/
Products & Services Overview
Wedding dresses, evening dresses and special occasion dresses.
Assets Overview
- Decorational ornaments.- Computer.
- 4 top-quality tailoring machines.
- 80 wedding dresses.
Facilities Overview
- Workshop has a carpet area of 100 sqm and the rent for the workshop is KWD 450.- The store covers an area of 900 sqm and the rent for the store is KWD 1,800.
Capitalization Overview
The business has a single owner with complete control.There are accumulated rental debts from the pandemic.
Industrial Bank loan of KWD 80 thousand.
The pandemic loan from the Kuwait Finance house is estimated at KWD 3,000.
Recent Activity
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Earlier than 15 daysManaging Partner, Wellness And Fitness Services, Kuwait City, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Professional Services, Kuwait City, Individual Investor / Buyer connected with the Business
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