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Spiritual & Psychic Services Company Investment Opportunity in Tetouan, Morocco

Mosque prayer broadcasting startup in fundraising stage seeks an investor for 30% equity stake.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Tetouan + 1 more
Local Time 3:40 PM Africa / Casablanca
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 500 thousand for 30.0% stake (Native Currency: USD 500,000)
Reason: - We are looking to hire remote workers for our company from different countries of our target marke... View More
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Business Overview

- Company has developed an electronic system to connect mosques with mobile apps to listen to the prayers and spiritually connect with other worshippers.

- We plan to install this system in 80% of mosques in Islamic countries over the next 10 years.

- Revenue model: Build contracts with governments through B2G marketing. We will negotiate contracts with the local government and municipality to set up and maintain the system. The end consumer will not be charged to access the broadcasts.

- We target to obtain contracts worth USD 5 million by the first year and up to USD 30 million in five years.

- Our initial target countries include nations with the most number of mosques such as Qatar, UAE, Bahrain, Kuwait, Oman, Turkey, Singapore, Saudi Arabia, and Egypt.

- The mobile applications have been developed in-house and are in the trial phase.

- Promoter is a lawyer with over 5 years of experience.

- Business is registered as an offshore company in Delaware, and Tétouan, Morocco will be the base of business operations.

Products & Services Overview

Electronic system and mobile apps broadcasting mosque prayers to Muslims across the world.

Assets Overview

An innovative electronic system, mobile apps (iOS & Android), and an official website.

Facilities Overview

Currently, we are in the startup stage and do not have any facility and are working remotely.

Capitalization Overview
Not Disclosed
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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