Sports Facility Equity Stake For Sale in Riyadh, Saudi Arabia
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 84 thousand |
| Run Rate Sales | USD 84 thousand |
| EBITDA Margin | Operating at loss |
| Industries | Sports Facilities |
| Locations | Riyadh |
| Local Time | 6:23 AM Asia / Riyadh |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
- The business has also developed a scalable SaaS software and integrated B2B services for climbing businesses through an outsourced developer. This will eventually be moved completely in-house.
- The SaaS platform is in 3.0 version and is not launched yet. We right now have an unpaid test client for this product.
- Business aims to have a hybrid diversified B2C/B2B revenue model, right now 100% of the revenue comes from climbing activities.
- Our climbing facilities receive a daily average of 10 walk-ins (total across the 2 facilities).
- We have 2 full-time employees and the founder works full-time but is unpaid and not counted as an employee. We have an additional part-time employee for one climbing space located inside a school. The development of the software is being done by an outsourced agency but is monitored in-house by the founder.
- Founder-led with the founder having three years experience.
- Our institutional partnerships including KSU, and strong supplier network.
- Our business has an active trade license.
- Business's competitive advantage is the scalable proprietary climbing industry SaaS platform, which is getting growing traction.
We also aim to provide software, and vertically integrated services for other climbing businesses. We will provide our platform to other climbing facilities as well. Our software and vertically integrated services are growing in traction and not launched yet.
- Climbing walls, holds equipment,
Intangible assets include:
- Brand, software platform.
- One space is inside a school. We only require a part-time staff for this space.
- The other space is in Riyadh as well and it is completely managed by one full-time employee and the founder helps here too.