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.
Partial Stake Sale
USD
16.8 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...
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Includes physical assets worth
USD
2.1 thousand
Interested to connect with advisors
In talks with 1 Investor