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Used Car Dealers Company for Sale in Dubai, United Arab Emirates

An innovative tech-enabled company that cannot be easily categorized into traditional automotive market segments.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 20 million
Run Rate Sales USD 16 million
EBITDA Margin 10 %
Industries Used Car Dealers + 1 more
Locations  Dubai
Local Time 8:32 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 3.6 million (Native Currency: AED 13,200,000)
Reason: Relocating back to UK.
Interested to connect with advisors
Documents
Business Overview

- Dubai-based 4-year-old tech company that specializes in buying and selling used cars.

- We deal with all types of cars without any constraints.

- We buy cars from customers and sell them using our online portal.

- On average we buy 130 cars in a month with a potential of reaching 500-1000 cars per month with bigger capital deployed within the company.

- Our sales have reduced this year due to certain market changes, we hope to end this year at higher revenue than last year.

- Very scalable model, all techs are set off.

Products & Services Overview

Buying and selling used cars.

Online car valuation based on AI, machine learning, and big data.

Assets Overview

The intangible assets include the brand name, tech innovation, big data, and customer tractions.

These intangible assets are worth AED 1.5 million.

Facilities Overview

We operate operating from 4 different locations within Dubai, that include Marina Mall, Palm Jumeirah, Jumeirah, and Al Mamzar. With two office as operating centers, all the facilities are rented.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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