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Ecommerce Website Investment Opportunity in Jeddah, Saudi Arabia

Startup that aims to engage football fans and increase interactivity with their clubs seeks investment.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Jeddah
Local Time 6:50 PM Asia / Riyadh
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 27 thousand for 25.0% stake (Native Currency: SAR 100,000)
Reason: We have everything ready, the application needs to be updated and maybe some other features, however... View More
Documents
Investment Deck
Financial Model
Logo
App Interface
Trademark
Business Overview

- The company has not yet launched as we are seeking experienced individuals and/or companies that can show us the way to properly launch, as the football world is sensitive to these types of apps or loyalty programs.

- We are developing a platform for football fans and providing them loyalty as a service platform.

- We believe there is a gap in the market and a loyalty scheme should be created through a platform to deepen the relationship between fans and clubs, provide a cheaper way for sponsors to advertise, and get fans to receive a fiduciary reward for their loyalty.

- The points earned by the fans can be used to redeem discounts on future match tickets, sports accessories, etc.

- Our revenue model will be through advertisements, sponsorships, and licensing fees.

Products & Services Overview

The goal is to create a platform to deepen the relationship between fans and clubs, provide a cheaper way for sponsors to advertise, and get fans to receive a fiduciary reward for their loyalty (win–win–win scenario)

Business model-

Fans choose their favourite clubs and receive points in exchange for their loyalty.

League - Benefits from more engagement of the fans with their clubs leading to higher viewership.

Clubs - Clubs get data on their fans and communicate with them through newsletters, and competitions, therefore, deepening the relationship with them.

Sponsors - Higher loyalty and more sales.

Fans - Fiduciary rewards for their viewership and loyalty.

Assets Overview

The business does not own any physical assets.

Intangible assets include -

1. Logo.

2. Application.

Facilities Overview

Currently, we are working remotely in Saudi Arabia.

Capitalization Overview

We have zero debts and loans.

The company is funded by the shareholders. The company has 4 shareholders each owning a 25% stake in the company.

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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