Internet of Things Company Investment Opportunity in Dubai, United Arab Emirates
Established | 10-20 year(s) |
Employees | 5 - 10 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 540 thousand |
Run Rate Sales | USD 650 thousand |
EBITDA Margin | 40 % |
Industries | Internet of Things |
Locations | Dubai |
Local Time | 4:39 PM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Active |
- We are subcontracted manufacturer of home automation, smart home, energy saving and IOT products.
Our clients are H H Shk Abdullah Qassimi - Ruler of Sharjah, Etihad Railways, H H Shk Hamdan - Crown, Prince of Dubai, Crown Price of Fujairah, IHG group of Hotels.
- Our head office is registered in UK but acts as a virtual office. Our operations mainly take place in Dubai and we have an office in Dubai.
- The product manufacturing is subcontracted to European countries but the products are sold under our own brand name.
- We sell our products through channel partners and home automation integrator.
- Have over 5 channel partners and integrator we sell to in the Middle East with 3 of them being from Dubai.
- Our products are compatible and on par with brands like ABB and Schneider.
- Due to our low manpower costs we are able to price products at 30% lower than competition.
- Promoter has over 15 years of experience working in the field of home automation and IoT.
- Physical assets of the company include only stocks and inventory.
Wired and wireless home automation, lighting control, energy saving products to control lights, HVAC, curtains, music and security.
Our customers are hotels, luxury apartments, entire building, villas, community villa, luxury restaurants,
Inventory, all trademarks, and software application licenses.
Virtual head office in UK and rented office in Dubai.
Current fund is by utilizing own funds, with local sponsors, total 2 share holders. 49 and 51 (local) percent.
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1 day, 5 hours agoAdvocate, Hyderabad, M&A Advisor connected with the Business
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Earlier than 15 daysHead Of Customer Relationship, Mumbai, Financial Consultant connected with the Business