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Mobile App for Sale in Abu Dhabi, United Arab Emirates

For Sale: Mobile app to help food retailers reduce food waste with real-time discounted deals.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 22 thousand
Run Rate Sales USD 23 thousand
EBITDA Margin 10 - 20 %
Industries Mobile Apps
Locations  Abu Dhabi
Local Time 11:46 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 230 thousand (Native Currency: AED 850,000)
Reason: Lack of resources to make the business grow. The selling price is approximately how much the founder... View More
Includes physical assets worth USD 2.7 thousand
Documents
License
Business Overview

- A mobile app to help food retailers reduce food waste with real-time discounted deals.

- Based in Abu Dhabi, UAE.

- A restaurant that is using our app can create real time deals and post it for customers to see. For example - If a bakery did not sell the expected number of cakes for a particular day, they can then create a deal for "x"% off.

- Customers can purchase these deals and redeem them at the restaurant / cafe.

- Have a fully integrated payment gateway.

- Currently have 150 restaurants on boarded.

- Have 10k downloads with an average of 10 daily transactions taking place.

- Available on Apple and Android.

- We collect the money, deduct a commission and transfer the amount to the restaurants / cafes.

- Business does not own any large physical assets.

- Sale would include entire business.

Products & Services Overview

Mobile app to help food retailers reduce food waste with real-time discounted deals, 150 restaurants on-boarded and 10k app downloads.

Facilities Overview

Have a rented office space in Masdar, Abu Dhabi.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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