Event Management Company Investment Opportunity in Dubai, UAE

- We are a one stop shop that provides various party supplies.
- It is a unique concept in the UAE and we have been taken in under a well known incubator started by a large software developer group.
- We operate through a mobile app that has been developed for both iOS and Android. We are looking to develop our website going forward to mirror the app.
- Have been running for over 8 months and we have over 20 vendors for bakery products. Some of the vendors are listed with their brand name and some are white label on our platform.
- We also have party talent such as clowns and dancers listed on the platform but currently the bookings for these are minimal.
- For party supplies we have a supplier from whom we procure all the materials as white label.
- We charge a commission of 20% to the bakery vendors on every transaction and for the party supply products we have a margin of 60%.
- Have a dedicated temperature controlled van for delivery of cakes and flowers. The van also has a helium attachment for filling up balloons.
- On a daily basis we receive around 7 orders per day for different combinations of party supplies or cakes.
- In our first 3 months of operations our total revenue was AED 25,000. Our revenue has been growing exponentially but since we are still in the initial phases we have been operating below breakeven.
- We aim to develop the brand through marketing and technology upgrades to help generate a profit in the future.
- Promoters have over 7 years of experience in the field of marketing and vendor management.
- Value of the mobile app by itself with the licenses is expected to be AED 450,000.