Leisure and Recreation Company for Sale in Dubai, United Arab Emirates

- 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.

- 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.

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.

We have an office in the Dubai International Financial Centre. and team of 3 developers.

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.