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Payment Services Business for Sale in Dubai, United Arab Emirates

Scalable Business For Sale: Company provides payment services via 55 payment kiosks installed across Dubai.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 4.9 million
Run Rate Sales USD 1.63 million
EBITDA Margin 10 %
Industries Payment Services
Locations  Dubai
Local Time 2:22 AM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 540 thousand (Native Currency: AED 2,000,000)
Reason: The owner plans to move to another country and has insufficient funds to grow the business and maint... View More
Includes physical assets worth USD 410 thousand
Interested to connect with advisors
Documents
Logo
Business Overview
- We provide a faster, accurate, and totally secure way of making payments to service providers.
- Users can make payments to any service provider in UAE through our kiosks.
- Have tie-up with a local manufacturing unit to make customized kiosks as per our requirements.
- Over 55 kiosks have been set up across Dubai and each station handles 50-300 transactions on a daily basis.
- Have over 400+ service provides including telecom operators, gaming companies, transportation companies, ISPs, charity organizations, and eCommerce brands, for which payments can be made through the kiosks.
- Revenue model: Advertising revenue and commission for each transaction based on the service provider. The commission is charged from either the end customer or service provider depending on the service.
- Our revenue has dropped significantly as we have removed machines from our business that have not been generating profit for us.
- There are several cross integration opportunities to increase revenue such as integration with POS terminals, cash counter machines in groceries or normal PCs in hotels, and also mobile top-up channel or even web top-up Gateway.
- Additionally available opportunity to launch your own payment wallet.
- Selling price includes the full business, license, software, kiosks, network equipment, and hardware.
- An interested investor without a technical background can also manage and handle the whole system independently.
- The sale price includes the cost of a 1-month intensive training program that could help the investor to handle all operations.
Products & Services Overview
Payment systems that help customers to pay their bills for nearly all services in the UAE. It can also be used for recharges.
Our company is offering payment services through recharge machines. We mostly engaged with recharge machines necessary to note that our server processing system is cross-platform and multi-modular which has integration opportunities to add such modules as POS device operating or mobile operating or PC operating or wallet operating system.
Assets Overview
Physical assets include:
- Hardware.
• Duo server system with capacity serving of 5,000 machines (rent base)
• Complex of sim bank gateway system (USD 25,000) include module monitoring and auto refilling sims system for normal sim gate (unprecedented solution)
- Include module 1aed outer charge special sim gate solution.
• 55 recharge machines (USD 165,000)
- coin accepting solution (can be added for an extra USD 200 per machine separately)
- CCTV camera solution (can be added for an extra 150$ per machine separately)
- Software (USD 155,000)
• 1 server cross-platform system.
- Include module accepting & queue of payments.
- Include module processing of payments.
- Include module of web administrating system.
- Include module personal cabinet of the agent.
- Include module of exchange rates commission method for international top-up (unprecedented solution)
- Include module generating of reports.
- Include module of gateways.
- Include module of side monitoring the security and stability of the system.
- Include module of coin accepting solution.
- Include module of CCTV camera management solution.
• 55 terminal license.
• 5 workplace agent licenses (cash counter app for groceries)
# Additionally (USD 65,000)
* Valid Activity Documents (USD 25,000)
* Office & PO. Box: With 8. month valid remained period (USD 12,000)
* Office furniture & appliance & tools: All basic things which need to conducting activities (USD 15,000)
* Adviser Support: 2-3 Month master class lessons to be able to independently handle the system (USD 10,000)
Facilities Overview
Rented 900 sq ft office with 9 months left in the contract, and can be extended further.
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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