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Internet of Things Company Investment Opportunity in Dubai, United Arab Emirates

OEM manufacturers of designer unique bespoke smart home automation facia switches, & related IOT products.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 500 - 600 thousand
Run Rate Sales USD 980 thousand
EBITDA Margin 30 - 40 %
Industries Internet of Things
Locations  Dubai
Local Time 1:29 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.36 million for 50.0% stake (Native Currency: AED 5,000,000)
Reason: Seeking investment to expand existing business in the region & in the hotel segment for overseas mar... View More
Includes physical assets worth USD 41 thousand
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Business Overview
- We are subcontracted manufacturer of home automation, smart home, energy saving and IOT products.
Our clients are H H Shk Abdullah Qassimi - Ruler of Sharjah, Etihad Railways, H H Shk Hamdan - Crown, Prince of Dubai, Crown Price of Fujairah, IHG group of hotels.
- Our head office is registered in the UK but acts as a virtual office. Our operations mainly take place in Dubai, and we have an office in Dubai.
- The product manufacturing is subcontracted to European countries, but the products are sold under our own brand name.
- We sell our products through channel partners and home automation integrator.
- Have over 5 channel partners and integrator we sell to in the Middle East with 3 of them being from Dubai.
- Our products are compatible and on par with brands like ABB and Schneider.
- Due to our low manpower costs, we are able to price products at 30% lower than competition.
- Promoter has over 15 years of experience working in the field of home automation and IoT.
- Physical assets of the company include only stocks and inventory.
Products & Services Overview
Custom design smart switches. Wired and wireless home automation, battery operated and wireless, brings down the installation cost by 30%
Our customers are hotels, luxury apartments, entire building, villas, community villa, luxury restaurants,
Assets Overview
Inventory, all trademarks, and software application licenses.
Facilities Overview
The busiess operates from rented offices in Dubai and in the United Kingdom.
Capitalization Overview
Business is currently funded by utilizing its own funds, with local sponsors, and a total of 2 shareholders. 49 and 51 (local) percent.
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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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