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Gifting Businesses for Sale in Hawally

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Gifting Company for Sale in Hawally, Kuwait

Kuwait-based online app selling digital gift cards globally with 36,000 users, strong retention, and growth.
The business is a Kuwait-registered LLC operating a fully online consumer app that sells digital gift cards across multiple countries. - Based in Hawalli, Kuwait, the app has been downloaded by around 36,000 users and enjoys very high retention rates, with some customers completing over 1,000 transactions and many others with 40, 200, or 500 purchases. - The app processes an average of 4,000 monthly orders through a Kuwait-based payment gateway, with iTunes (USA) and PSN (Kuwait) being the top-selling categories and the USA and Kuwait the main markets. - Last month, the business generated approximately USD 120,000 (KWD 36,675) in revenue with a ~7% net/EBITDA margin, while last fiscal year revenue was around USD 500,000 (KWD 152,814). - The business has shown significant growth this year compared to last year, driven by achieving a marked increase in downloads and purchases. - Operations are lean, with the owner as the only permanent employee supported by two part-time freelancers for accounting and SEO, while marketing spend is variable. - Revenue is generated through digital gift card sales and in-app advertisements. - The company holds a Kuwait e-commerce license and has a registered trademark.
7.7   Hawally
Run Rate Sales
USD 1.43 million
EBITDA Margin
7 %
Business for Sale
USD 200 K
Contact Business
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Gifting Company for Sale in Hawally, Kuwait

Kuwait-based online app selling digital gift cards globally with 36,000 users, strong retention, and growth.
The business is a Kuwait-registered LLC operating a fully online consumer app that sells digital gift cards across multiple countries. - Based in Hawalli, Kuwait, the app has been downloaded by around 36,000 users and enjoys very high retention rates, with some customers completing over 1,000 transactions and many others with 40, 200, or 500 purchases. - The app processes an average of 4,000 monthly orders through a Kuwait-based payment gateway, with iTunes (USA) and PSN (Kuwait) being the top-selling categories and the USA and Kuwait the main markets. - Last month, the business generated approximately USD 120,000 (KWD 36,675) in revenue with a ~7% net/EBITDA margin, while last fiscal year revenue was around USD 500,000 (KWD 152,814). - The business has shown significant growth this year compared to last year, driven by achieving a marked increase in downloads and purchases. - Operations are lean, with the owner as the only permanent employee supported by two part-time freelancers for accounting and SEO, while marketing spend is variable. - Revenue is generated through digital gift card sales and in-app advertisements. - The company holds a Kuwait e-commerce license and has a registered trademark.
7.7   Hawally
Run Rate Sales
USD 1.43 million
EBITDA Margin
7 %
Business for Sale
USD 200 K
Contact Business
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