Payment Services Business Investment Opportunity in Kuwait City, Kuwait
Mobile app allowing users to avail special discount at stores, having over 400 paid users.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 325 |
| Run Rate Sales | USD 11.7 thousand |
| EBITDA Margin | 28 % |
| Industries | Payment Services + 1 more |
| Locations | Kuwait City |
| Local Time | 2:52 AM Asia / Kuwait |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
325 thousand
for
50.0%
stake
(Native Currency: KWD 100,000)
Reason: For marketing.
Includes physical assets worth
USD
16.2 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Presentation
(30.5 KB)
5 Year Financial Projection
(90.9 KB)
Brochure
(437.8 KB)
Ministry of Interior Abu Dhabi Certificate
(753.5 KB)
Application Development Document
(923.4 KB)
Business Overview
- A mobile app allowing customers to avail special discounts at stores, based in Kuwait.
- Our business is registered in UAE, but we are operating in Kuwait. It is easier to register businesses in UAE.
- Customers can avail special discounts at restaurants, cafes, retail stores, clinics.
- Currently have 130 stores listed on our application.
- We charge our customers KD 5 per year to avail these discounts.
- Have over 400 paid users.
- After 2 years we intend to begin charging the businesses listed on our application a yearly subscription fees as well.
- We began operations late last year, hence the revenue we have generated is not very significant.
- We are valuing the business at KD 200k as we expect the the business to increase strongly as a result of our marketing campaigns. We expect to have over 5,000 paid customers by the end of this year.
- Business does not own any large physical assets.
- Our business is registered in UAE, but we are operating in Kuwait. It is easier to register businesses in UAE.
- Customers can avail special discounts at restaurants, cafes, retail stores, clinics.
- Currently have 130 stores listed on our application.
- We charge our customers KD 5 per year to avail these discounts.
- Have over 400 paid users.
- After 2 years we intend to begin charging the businesses listed on our application a yearly subscription fees as well.
- We began operations late last year, hence the revenue we have generated is not very significant.
- We are valuing the business at KD 200k as we expect the the business to increase strongly as a result of our marketing campaigns. We expect to have over 5,000 paid customers by the end of this year.
- Business does not own any large physical assets.
Products & Services Overview
Mobile application allowing customers to avail special discounts at restaurants, cafes, retail stores, clinics.
Facilities Overview
Have a rented office space in Kuwait City.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysInvestment Advisor, Kuwait City, M&A Advisor connected with the Business
-
Earlier than 15 daysCOO, Manama, Business Broker connected with the Business
-
Earlier than 15 daysMD, Civil Contractors, Delhi, Corporate Investor / Buyer connected with the Business
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