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Elevator Business Investment Opportunity in Cairo, Egypt

Pioneering online eco-system for the Egyptian elevator industry seeks funding to launch a marketing campaign.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 53 thousand
Run Rate Sales USD 50 thousand
EBITDA Margin 0 - 10 %
Industries Elevator + 1 more
Locations  Cairo
Local Time 2:36 PM Africa / Cairo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 43 thousand for 10.0% stake (Native Currency: EGP 800,000)
Reason: The funds are needed for three purposes - to launch an aggressive marketing campaign, cover salaries... View More
Includes physical assets worth USD 5.3 thousand
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Business Overview

- Online eco-system for the elevators industry.

- The website has sales GMV of EGP 1.575 million, 2,500 registered items, 70 registered companies & vendors, and 300 registered customers.

- Reputed brands like Kone and Schneider are also registered on our website.

- Five pillars of income streams - 5% sales commission, registration fees, quotation requests for maintenance/installation, advertisement fees, and technical training courses.

- Maximum revenue till now has been from requests for quotation followed by registration fees and sales commission.

- Platform's services were temporarily halted to complete legal formalities, which led to a fall in sales.

- The company was earlier part of a group but is now an independent legal entity. The investor will get a 10% stake in this independent legal entity.

Products & Services Overview

Our e-commerce platform has:

• Service providers index.

• Quotations platform.

• Elevators technical training online/offline courses.

• Recruiting section.

• Elevators news.

• Leads for sourcing material; installation and maintenance of elevators.

Assets Overview

The physical assets owned by the business include essential office infrastructures such as furniture, computers, and routers.

Intangible assets include the source code and domain for the website.

Facilities Overview

We operate from a rented office in Cairo.

Recent Activity
  • Earlier than 15 days
    Partner, Stuttgart, Business Broker connected with the Business
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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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