Stationery Store Investment Opportunity in Dubai, United Arab Emirates
|Employees||2 - 5|
|Legal Entity||Limited Liability Company (LLC)|
|Reported Sales||USD 5.4 thousand|
|Run Rate Sales||USD 40 thousand|
|EBITDA Margin||40 %|
|Industries||Stationery Stores + 1 more|
|Local Time||4:34 AM Asia / Dubai|
|Listed By||Management Member|
- Our company hosts online raffle contests on our e-commerce website by selling eco-friendly stationery products.
- We currently have 5 different SKUs listed on our website with each product made from sustainable raw materials. Manufacturing is outsourced.
- Each customer who visits our website must register in order to purchase products and participate in the raffle. We currently have over 3,000 registered users. There is no registration fee.
- Once the user is registered, they must check the raffles that are currently being hosted. Each raffle is supported by a specific eco-friendly stationery product with an assigned quantity.
- Users must purchase the stationery product of that particular raffle as per their desired quantities. Purchasing larger quantities translates into higher chances for a user to win the raffle contest.
- Typically, each contest lasts either 2 months or when the stationery product gets sold out, whichever is at a shorter duration.
- Once the raffle is over, one winner is declared among all the participants using chits.
- The winner receives a prestigious prize which could either be AED 10,000 worth of gold, iPad Air, iPhone 12, cash prize worth AED 5,000, VIP car number plates or watches. There is only one winner per raffle.
- So far, we have hosted over 6 raffle contests with another 5 more to be completed by the end of this year. Each contest typically has over 500 participants.
- The users also have the option to purchase the eco-friendly stationery product assigned to a raffle and then donate it to our partnered NGOs. In such a case, our company provides these users with additional points which boost their chances of winning the raffle contest.
- Our company generates revenue by selling eco-friendly stationery products at an extremely high margin. Enrolling more and more users in a raffle contest increases our profitability.
- Our company is extremely valuable primarily due to the niche industry our business operates in. As we host scale and host more raffle contests, our profitability will increase.
We sell a variety of eco-friendly stationery products on our website such as:
- Pencils made with eco-friendly wood and newspaper.
Physical assets include:
- Office furniture & interior fittings.
- Inventory of stationery products and prizes.
- Our business runs operations from a rented facility spread across 500 sq. ft.
- The facility is further split between an office space and a warehouse.