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/
Products & Services Overview
Wedding dresses, evening dresses and special occasion dresses.
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.
Assets Overview
- Decorational ornaments.
- Computer.
- 4 top-quality tailoring machines.
- 80 wedding dresses.
Partial Stake Sale
USD
1 million
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
330 thousand
Interested to connect with advisors
In talks with 1 Investor
Contact Business