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Food Delivery Company Investment Opportunity in Doha, Qatar

Technology based startup for food delivery services in Qatar is looking for an investor.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Doha
Local Time 1:36 PM Asia / Qatar
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 274 thousand for 15.0% stake (Native Currency: QAR 1,000,000)
Reason: We are seeking funds to cover our operating and marketing costs.
Includes physical assets worth USD 13.7 thousand
Interested to connect with advisors
Documents
Business Overview
- Recently established technology based food delivery platform in Qatar.
- Company will offer a mobile application that is ready to be launched.
- Have already signed contracts with more than 150 merchant restaurants.
- We will offer food delivery services from restaurants to customers within Qatar.
- Restaurants and customers will use the same mobile application.
- Will have a fixed service fee on each order for all our customers.
- Merchant restaurants on our app will be charged a certain percentage of the order value as a service fee.
- The application has been in development for 6 months and is being developed by a third party.
- The application is only for food delivery from restaurants.
- Promoter has been closely monitoring the development for the past 8 months.
Products & Services Overview
Mobile applications for Android and iOS, food ordering service.
Assets Overview
Mobile applications for Android and iOS, admin dashboard.
Facilities Overview
Office space of 95 sq. m. in Lusail, at a rent of QAR 12,500 per month.
Capitalization Overview
Not Disclosed
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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