Leisure and Recreation Company for Sale in Dubai, UAE
For sale: Recently launched mobile application platform that takes care of sports venue booking.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Leisure and Recreation + 1 more |
| Locations | Dubai |
| Local Time | 1:52 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
68 thousand
(Native Currency: AED 250,000)
Reason: The promoter is out of funds to run this.
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Trade License
(511.4 KB)
Business Overview
- Company with a mobile application for booking locations for sports (tennis courts, gymnasiums, recreational sports centers).
- The app recently went live on multiple app stores. Our complete efforts right now are on adding sports location listings to the application as we have none at the moment.
- Complete in-house development of the application.
- Users will book the activity through our application and we will charge a 20% commission on the total amount from the sports business.
- Our aim, is a planned market size of 300 locations within the first year.
- The UAE market today stands at 1,000 locations.
- The business has 4 shareholders with a shareholding pattern of 5%, 10%, 1%, and 84% respectively.
- Business does not have any loans.
- The app recently went live on multiple app stores. Our complete efforts right now are on adding sports location listings to the application as we have none at the moment.
- Complete in-house development of the application.
- Users will book the activity through our application and we will charge a 20% commission on the total amount from the sports business.
- Our aim, is a planned market size of 300 locations within the first year.
- The UAE market today stands at 1,000 locations.
- The business has 4 shareholders with a shareholding pattern of 5%, 10%, 1%, and 84% respectively.
- Business does not have any loans.
Products & Services Overview
- Marketing platform for all the sports business owners in the country.- Contactless & remote listing for the businesses without the need to visit all of them.
- Non-discounted price listings to keep the value high for the businesses while providing discounts to users who only have discount cards.
- Users can book and pay online for their favorite sports out of 35+ sports in the market.
Assets Overview
The business owns intangible assets, they include the mobile application and the trade license.The mobile application and other intangibles are valued at AED 1 million as per our recent round of funding.
Facilities Overview
We have an office in the Dubai International Financial Centre. and team of 3 developers.
Capitalization Overview
Funded by the promoter, the business has three shareholders, the promoter owns 94% of the shares and the remaining is split equally amongst the two.
Recent Activity
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Earlier than 15 daysManaging Director, Technical Consulting, Hobart, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProprietor, Plants Supply, Kadiam, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Real Estate Development, Dubai, Individual Investor / Buyer connected with the Business
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