Auto Dealer Investment Opportunity in Dubai, United Arab Emirates
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 |
- 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.
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.
The physical assets include the product stock of rims.
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Earlier than 15 daysDirector, AI Data Centers, Dubai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
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Earlier than 15 daysGeneral Manager, Logistics, Doha, Individual Investor / Buyer connected with the Business