↩ Go Back
Need help?

Event Management Company Investment Opportunity in Dubai, United Arab Emirates

Platform providing supplies and food for parties and celebrations having over 20 vendors.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 20 thousand
Run Rate Sales USD 46 thousand
EBITDA Margin Operating at loss
Industries Event Management + 1 more
Locations  Dubai
Local Time 6:28 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 100 thousand for 7.0% stake (Native Currency: AED 350,000)
Reason: Require funding for marketing the brand across channels such as radio spot and cinema ad campaign. A... View More
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- 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.

Products & Services Overview

Mobile app for party planning and party supplies such as cakes, balloons, flowers and party talent (clowns, dancers and magicians. )

Assets Overview

The business does not own any physical assets.

Facilities Overview

Rented office for our operations in Dubai which is operated from within our Incubator.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

8 Investors already contacted this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more