Soft Furnishing Store for Sale in Riyadh, Saudi Arabia
Premier online retail brand for bedding and bath products with 320k customer database.
| Established | 1-5 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 11.7 million |
| Run Rate Sales | USD 9.6 million |
| EBITDA Margin | 40 % |
| Industries | Soft Furnishing Stores + 1 more |
| Locations | Riyadh |
| Local Time | 10:30 AM Asia / Riyadh |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
9.3 million
(Native Currency: SAR 35,000,000)
Reason: The owner wants to retire from the business.
Includes physical assets worth
USD
1.14 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Domain-Verification.pdf
(213.8 KB)
Business Overview
- The business operates as a premier online retail brand specializing in bedding and bath products.
- Has a customer database of over 320,000 and an average monthly traffic of 224,000.
- The company's revenue for the previous year amounted to almost SAR 50 million.
- 90% of sales are generated through online channels, including the website and mobile application, while the remainder is derived from retail stores.
- The company maintains strong relationships with both local and international vendors for the procurement of products, indicating a diversified and reliable supply chain.
- There has been a decrease in sales this year due to the global inflation in taxes within the retail industry.
- The company processes an average of 250 orders per day, with an average order value of SAR 400.
- In addition to its 55 permanent employees, the business also hires freelancers and temporary employees on a demand basis.
- Has a customer database of over 320,000 and an average monthly traffic of 224,000.
- The company's revenue for the previous year amounted to almost SAR 50 million.
- 90% of sales are generated through online channels, including the website and mobile application, while the remainder is derived from retail stores.
- The company maintains strong relationships with both local and international vendors for the procurement of products, indicating a diversified and reliable supply chain.
- There has been a decrease in sales this year due to the global inflation in taxes within the retail industry.
- The company processes an average of 250 orders per day, with an average order value of SAR 400.
- In addition to its 55 permanent employees, the business also hires freelancers and temporary employees on a demand basis.
Products & Services Overview
Specialized website for bedroom and bath essentials, offering bedspreads, pillows, bathrobes, carpets, and some housewares.Top selling are:
Mattress toppers.
Comforter sets.
Pillows.
90% of sales are generated through online channels, including the website and mobile application, while the remainder is derived from retail stores.
Assets Overview
Physical assets include:- Warehouse inventory.
- Vehicles.
- Store inventory.
- Other basic equipment.
Intangible assets include:
- Trademark.
Facilities Overview
Operating from a rented warehouse facility of 2,500 sqm with 3 floors, fully equipped.There are 2 more rented retail stores.
Location is Al Yasmin, Riyadh.
Capitalization Overview
Self-funded.The business has no liabilities or loans or investments.
There are two shareholders - a 90%/10% ownership split.
Recent Activity
-
Earlier than 15 daysDirector, London, M&A Advisor connected with the Business
-
Earlier than 15 daysInvestor, Lending And Holding Company, Riyadh, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysAssociate Partner, Investment Firm, Singapore, Corporate Investor / Buyer connected with the Business
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·Home Decor Shop for Sale in Riyadh, Saudi Arabia
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