Need help?

Mobile App Investment Opportunity in Sharjah, United Arab Emirates

Implementing mobile app connecting the auto repair garages and service providers with the cars owners.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 230 thousand
EBITDA Margin 10 - 20 %
Industries Mobile Apps + 1 more
Locations  Sharjah
Local Time 5:50 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 2.7 million for 20.0% stake (Native Currency: AED 10,000,000)
Reason: Required for marketing campaigns and operating fees.
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Marketplace for auto service providers and car owners through a mobile application.
- More than 300 premium garages registered on the application.
- App is available on Google Play and App store.
- More than 300 transaction monthly.
- Phase 1 includes adding garages/service providers and marketing the app among car owners.
- We will earn revenue by charging certain percentage fees on the total invoice from the workshops.
- Phase 2: plan is to create the marketplace for buying and selling cars.
- Investor will receive a 20% stake in the company that owns and operates this marketplace.
Products & Services Overview
Marketplace for the service providers where they can create their accounts and will be able to receive bookings and enquiries.
Also, a mobile application for the cars owners so they will be able to see the available and nearest garages in their area.
Assets Overview
No physical assets.
Intangible assets include database and source codes for the program which is valued at AED 6 million.
Facilities Overview
No physical office at the moment, the company operates virtually.
Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
5 Investors already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more