Social Network Website for Sale in Dubai, United Arab Emirates

International social network platform specifically for cyclists and travelers having 20,000 registered users.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 400
EBITDA Margin
Operating at break even
Industries
Mobile Apps + 1 more
Local Time
5:48 PM Dubai
Listed By
Management Member
Status
Active
Overall Rating
Full Sale
Asking Price: USD 250 thousand (Native Currency: AED 900,000)
Reason: Since we are self-funded, we are low on funds to support such a large scope social network and to de... View More
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Business Overview

- We are a software company having developed a Social Network for Cyclists and Travelers targeted at cyclist of any level of training all around the world.

- Based in Dubai and we have registered users globally through a fully functional website and a mobile app.

- We offer a fully functional website that works together with the mobile app.

- We also have a free app for iOS and Android as well as paid app with additional premium features.

- Some premium features include offline maps, auto pause, auto map rotation, no ads and 24 / 7 support.

- Have over 20,000 users with most of them being from India, UAE and Russia. A small percentage of these users are paid.

- Our app has unique features such as chat, track editor, organisation of cycle events as well as many under development.

- Our social network and app has high potential to become an extremely large sports network with proper development.

- Company does not have any physical assets. Buyer would receive access to all our technology and IP.

- The firm has mainly focused on building the application and not on advertising and monetizing the product. Product has high potential in the hands of a buyer who is willing to take the time to scale it up.

Products & Services Overview

Unique "Route creator" that allows one to build their own track, Offline maps, "Garage" feature that tracks bikes and bike parts mileage, Import and export of routes and sharing of the routes.

Facilities Overview
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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