Corporate Financial Services Business Investment Opportunity in Dubai, United Arab Emirates

Automated safe deposit box center staffed 24 / 7 with 2 automated safes and a 3rd commissioned.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 180 thousand
EBITDA Margin
40 %
Local Time
8:43 PM Dubai
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 1 million for 25.0% stake (Native Currency: AED 3,500,000)
Reason: Require funding to expand capacity at 2nd site and fund launch of 2 new sites with projected 4 site ... View More
Includes physical assets worth USD 500 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Trade Licence
Business Overview

- We are the only private firm in UAE to offer automated safe deposit boxes that are operational 24 / 7.

- We also offer automatic insurance cover with Lloyds of London.

- Our security infrastructure in accordance with UAE regulations is actively monitored 24 / 7 directly by the Dubai Police.

- Have 2 separate automated safes manufactured by Gunnebo (CHUBB) and Japanese manufacturer Fuji Seiko.

- Also, have a third safe in transit which will be commissioned in one month at a new site.

- Each safe incorporates a separate but fully integrated privacy pod access to which is controlled electronically.

- Individual safe deposit boxes are contained within the safe and advanced safe robotics deliver the required safe deposit box to the client automatically once the client has met the access control criteria.

- The safes contain multiple different sized safe deposit boxes and so depending on the configuration, these three safes can host between 300 and 400 individual Safe Deposit Boxes.

- Our inaugural site which contains 2 safes is almost at capacity already. And a second site would open in 2 months. We have also received approval from the Dubai Financial Services Authority to open a 3rd site.

- In the future we intend to deploy a large network of small sites each servicing between 300 / 450 individual clients (or 3 safes in each site).

- We have received credible interest to launch the concept in India (Mumbai, Pune and Delhi), Thailand, Bahrain, Greece, Italy, East Africa and Brazil.

Products & Services Overview

Rental of automated, insured safe deposit boxes.

Facilities Overview
Recent Activity
  • 1 week, 3 days ago
    Lawyer, Fgura, Financial Advisor accepted business proposal
  • Earlier than 15 days
    Chief Consultant & Partner, Bahrain, Financial Advisor accepted business proposal
  • Earlier than 15 days
    Managing Partner, Ahmedabad, Financial Advisor accepted business proposal
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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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