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Auto Dealer Investment Opportunity in Dubai, United Arab Emirates

Highly-specialized automobile business seeks funds for expansion and a hard launch of its online marketplace.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 950 thousand
Run Rate Sales USD 1.63 million
EBITDA Margin 30 - 40 %
Industries Auto Dealers + 1 more
Locations  Dubai
Local Time 9:18 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 950 thousand for 30.0% stake (Native Currency: AED 3,500,000)
Reason: We understand the robust market for vehicle-related businesses in the UAE. With the market reaching ... View More
Includes physical assets worth USD 54 thousand
Interested to connect with advisors
Documents
Business Overview
- Group of subsidiaries operating in the automotive sector for the last 3 years.
- The group has been successfully operating in Dubai as a leading retailer of custom rims and car modification services for continental and luxury cars in UAE.
- The group is constantly expanding and recently launched a car rental service exclusively for supercars.
- Our ambition is to create an offline and online destination for dreamers to get their hands on the most ideal car. This ambition has led us to create a sophisticated marketplace for cars and related services.
- The development of the website and application are complete, and our physical showroom is being renovated.
- The marketplace will be a platform for sellers to list their cars and utilize the best deals in the market. Integrating more than just buying and selling, our platform goes a few steps further by adding more services, such as renting, car detailing, and miscellaneous services related to vehicles, which will be explained below.
- We plan to integrate our rim retail, car modification, and luxury car rental businesses under this marketplace as well.
- We will acquire the cars from sellers, refurbish them, and then sell them at a markup to earn revenue. Another revenue stream will be through advertisements on the website and apps.
- Our sales have increased due to an increase in clientele. We are receiving around 80 new customers on a monthly basis.
- The investor will get a 30% stake in the LLC that owns the subsidiaries for an investment of AED 3.5 million (USD 1.5 million).
- The company has two owners with an equal shareholding.
- Debt-free company.
- The investment is needed to acquire cars that can be refurbished and sold.
Products & Services Overview
- The group is involved in retailing custom rims, doing car modifications, luxury car rental services, and a marketplace for cars through its subsidiaries. The company now wants to integrate all the services under its marketplace. The marketplace will also have a physical showroom where buyers can test drive and view the cars.
The platform will enable users to:
- Buy a car: users can easily search for their next car, and get it delivered right to their doorstep with safe online purchases. This makes the car buying experience fair, quick, and easy.
- Sell a car: offers a hassle-free way to sell cars in Dubai. Users can get an online valuation and sell their vehicle to us. Instant sale* of vehicles within a day.
- Car rental: Prospective sellers will be briefed about the rental availability for their cars. Options will vary on the type of car.
- Boosting: Buyer retention highly depends on the images and content of the listing. Our team will refine the listing to increase CRT.
- Car servicing/detailing: to connect car owners with the nearest car wash and offer other detailing services.
- Auto dealers, service, and repair shops can advertise on our apps and website as well.
Assets Overview
Intangible assets include our team of developers, website and app source code, and domain.
The physical assets include the product stock of rims.
Facilities Overview
Headquarters in Dubai Al Quoz Industrial 3 Warehouse No 36. Looking forward to starting operations in our new showroom and workspace of 13,000 sq. ft. (AED 1 million annual rent)
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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