Phone Accessories Company Investment Opportunity in Salmiya, Kuwait

Manufacturers of Arabian brand patented mobile accessories having raised seed funding by Kuwait National Fund.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 120 thousand
EBITDA Margin
26 %
Industries
Locations
Local Time
9:11 AM Kuwait City
Listed By
Management Member
Status
Active
Overall Rating
Seeking Investment
USD 2 million for 25.0% stake (Native Currency: USD 2,000,000)
Reason: Currently raising funds for expanding in the Middle East to invest in Inventory, Marketing, R&D and ... View More
Includes physical assets worth USD 300 thousand
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Business Name
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Business Overview

- Manufacturers and supplier of Arabian brand patented mobile accessories based in Kuwait.

- Products are designed and prototyped by us and and we outsource it to third party manufacturers in China.

- Our products include mobile accessories such as chargers, power banks, mechanical touch pen, screen protectors, phone case.

- We manufacture 16 different products with 110+ variations.

- We supply our products to more than 50 retail channels.

- Some of our partners are Astore Kuwait, Saveco, Carriage Kuwait, Electroz and Mashkor.

- Have sold more than 12K pieces of accessories since inception.

- The seed round was financed by Kuwait National Fund and the project was appreciated by Mohammed Bin Rashid Al Maktoum Global Initiatives.

- Current revenues generated with zero spend on marketing.

- Startup has a great potential to scale globally and to be a dominant player in the Middle East.

- Our products can be easily launched in the global market at a rapid pace and can mount up higher volume in a short span.

- Our assets include land, building, stock and office equipment.

- Promoter has more than 5 years of experience in this business.

Products & Services Overview

Mobile Accessories, Chargers, Powers Banks, Mechanical Touch Pen, Screen Protector, Phone Case.

Facilities Overview
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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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