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Newly Established Yachts and Boats Company Investment Opportunity in Dubai, United Arab Emirates

Seeking investment to start a self drive EV hydrofoil boat rental company in Dubai.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Yachts and Boats
Locations  Dubai
Local Time 5:09 PM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 660 thousand for 12.0% stake (Native Currency: AED 2,425,515)
Reason: Looking for investors to help us purchase the 9 self drive, no license required, EV hydrofoil boats ... View More
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Name, Phone, Email
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Business Name
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User Verification
Documents
Business Plan
Self Driven
Hydrofoil Boat
Business Overview

- We are planning to rent self drive, no license required, EV hydrofoil boats in Dubai.

- Need funds to purchase 9 EV hydrofoil boats.

- We will be renting boats to local Emiratis, UAE residents, surrounding Middle East countries and the 16 million tourists visiting Dubai every year.

Products & Services Overview

Rent self drive, no license required, EV hydrofoil boats to the public/tourists.

Assets Overview

None currently. Once the EV hydrofoil boats and the extra rechargeable batteries have been purchased, the tangible assets will be AED 1,218,098.00.

Facilities Overview

Mooring will be at the new Dubai Harbor.

We are yet to get an office space.

Capitalization Overview

The business is not operational yet and is looking for either a single investor or multiple investors for funds to start the business.

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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