Nutrition Food Startup Investment Opportunity in Dubai, United Arab Emirates
Established | 0-1 year(s) |
Employees | 5 - 10 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 60 thousand |
Run Rate Sales | USD 180 thousand |
EBITDA Margin | 2 % |
Industries | Nutrition Food + 1 more |
Locations | Dubai |
Local Time | 3:12 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- UAE's first meal subscription online platform in Dubai.
- Offers an AI-powered platform that caters to the needs of working executives and fitness enthusiasts.
- The business provides meal plans tailored to customers' budgets and lifestyles, offering a SaaS platform for kitchens to establish and expand their meal subscription operations.
- The company is positioned to tap into the substantial $10 billion meal plan subscriptions market, showcasing significant growth potential.
- With active partnerships with 85 cloud kitchens and restaurants, the business has successfully attracted 600 active subscriptions from individuals and corporate clients across Dubai.
- The business operates on a B2B model, catering to corporate partnerships, as well as a B2C model, targeting individual working professionals.
- The average subscription cost ranges from AED 600 to 750 per month.
- Business has an e-commerce license.
- The business started operations 7 months back, which is the reason for the high growth in annual turnover from last year to this year.
- The promoter is a Dubai resident, but he is currently in India.
An AI powered meal subscription platform that helps working executives and fitness enthusiasts to discover and subscribe to meal plans that suit their budget and lifestyle, and helps meal providers to tap into the $10B meal plan subscriptions market.
We offer meal plans to customers, a SaaS platform for kitchens to build and scale meal subscription businesses.
Business doesn't have any physical assets of significant value.
Operating from a co-working office space in Silicon Oasis, Dubai. Rent is AED 5k per month.
Business is bootstrapped.
Having outstanding founder's loans.
There are 3 shareholders.