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Mobile App Investment Opportunity in Manama, Bahrain

Company with app for finding the best nearby restaurants, reserving tables, and ordering takeaway.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps
Locations  Manama
Local Time 9:56 PM Asia / Bahrain
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 133 thousand for 30.0% stake (Native Currency: BHD 50,000)
Reason: Need funds to hire more staff, do more marketing, and expand the business to other countries.
Includes physical assets worth USD 4 thousand
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Business Overview
- The company has developed an app as a solution to cater to the food sector.
- One-stop marketplace for restaurants. It is a perfect app for researching favorite cuisines and easily making bookings & takeaway orders from restaurants.
- Along with this, we include exclusive offers from selected restaurants.
- Customers can order takeaway, pay online, and even pre-order their food.
- Within a month of launching, we have tied up with 30+ restaurants.
- Currently not generating revenue as the app is in the testing phase.
- We plan to expand to all GCC countries, India, Malaysia, and Indonesia.
- The company has 2 directors with equal shareholding and has no debts or liabilities.
Products & Services Overview
The company is involved in the development of an app for reserving tables of their choice and order for takeaways.
Assets Overview
The tangible assets include office furniture, 3 desktops, 2 tablets, and 2 mobile phones.
Facilities Overview
Office area of 100 square meters with a monthly rent of BHD 400.
Capitalization Overview
There is one other partner, he holds 50% of the total share. There are no loans or debts in the company.
Recent Activity
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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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