Newly Established Radio Station Seeking Loan in Ras Al-Khaimah, United Arab Emirates
One of the first English language radio-station in Ras Al Khaimah, Northern Emirate of UAE.
Premium Plan
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Radio Stations |
| Locations | Ras Al-Khaimah |
| Local Time | 7:37 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
163 thousand
for
2.0%
annual interest,
3
years
(Native Currency: AED 600,000)
Reason: The funds are required to help set up the operation which will start in early next year.
We are als...
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Collateral Available: USD 0
Includes physical assets worth
USD
163 thousand
Interested to connect with advisors
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Business Overview
- The promoter behind the venture has prior experience in setting up three successful radio stations, including Channel 4FM, Emirates Radio 1, and Emirates Radio 2, which provides a strong foundation for the current undertaking.
- With the location in Ras Al-Khaimah, the business is positioned to attract sponsorship and advertising opportunities from prominent local entities such as RAK Bank, RAK Gas, RAK Ports, and RAK Properties, fostering potential revenue streams.
- As the first English language radio station in Ras Al-Khaimah, the business holds a unique market position, offering a valuable opportunity to capture the attention of the diverse population within the Northern Emirate of UAE.
- The FM licence is imminent. The station is a SME that has the official backing of His Highness Saud bin Saqr Al Qasimi and the RAK Government Media Office.
- With the location in Ras Al-Khaimah, the business is positioned to attract sponsorship and advertising opportunities from prominent local entities such as RAK Bank, RAK Gas, RAK Ports, and RAK Properties, fostering potential revenue streams.
- As the first English language radio station in Ras Al-Khaimah, the business holds a unique market position, offering a valuable opportunity to capture the attention of the diverse population within the Northern Emirate of UAE.
- The FM licence is imminent. The station is a SME that has the official backing of His Highness Saud bin Saqr Al Qasimi and the RAK Government Media Office.
Products & Services Overview
- The business is a newly established English-language radio station located in Ras Al-Khaimah, UAE.- The radio station has already initiated online streaming for approximately 6 months now, catering to a 24-hour broadcast schedule listened to worldwide.
Assets Overview
The significant tangible assets owned include the radio station playout system and the intangible assets are the music and playout licenses.
Facilities Overview
Currently operating completely in Ras Al Khaimah.
Capitalization Overview
The business is currently run by two shareholders who have a 50/50 ownership. There are no debts or liabilities as a part of the business.
Recent Activity
-
Earlier than 15 daysCEO, Dallas, Financial Consultant connected with the Business
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