Vehicle Rental Business Investment Opportunity in Abu Dhabi, United Arab Emirates
Micro mobility platform for shared e-kick scooter rental with a fleet of 200 scooters.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 370 thousand |
| Run Rate Sales | USD 390 thousand |
| EBITDA Margin | 33 % |
| Industries | Vehicle Rental + 1 more |
| Locations | Abu Dhabi |
| Local Time | 9:57 AM Asia / Dubai |
| Listed By | Management Member |
| Status | Moderately Active |
Partial Stake Sale
USD
540 thousand
for
50.0%
stake
(Native Currency: AED 2,000,000)
Reason: To add to fleet, increase operational regions and diversify the current operations.
Includes physical assets worth
USD
330 thousand
Interested to connect with advisors
Documents
Company Profile
(4.4 MB)
Trade License
(348.8 KB)
Business Overview
- We are an e-kick scooter rental platform with a NOC to run in mainland Abu Dhabi.
- Have more than 200 scooters but we plan to increase the number as we expand.
- Also plan to expand into other regions of UAE until we cover the entire UAE.
- Have around 17,000 registered users on the platform that book through our Play Store and iOS applications.
- Revenue model is a time based model where the amount depends on the how long the scooter is used.
- On average we acquire around 1,000 additional customers a month and we have a high rate of recurring customers.
- Promoter has over a year and a half of experience in the field.
- Have more than 200 scooters but we plan to increase the number as we expand.
- Also plan to expand into other regions of UAE until we cover the entire UAE.
- Have around 17,000 registered users on the platform that book through our Play Store and iOS applications.
- Revenue model is a time based model where the amount depends on the how long the scooter is used.
- On average we acquire around 1,000 additional customers a month and we have a high rate of recurring customers.
- Promoter has over a year and a half of experience in the field.
Products & Services Overview
Scooter rentals, fleet management system and operators app.
Assets Overview
200 scooters, iOS and android app, fleet management system.
Facilities Overview
We currently have rented facilities for storage and a shared warehouse.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysGroup Owner, IT Hardware, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Tech, Schwetzingen, Individual Investor / Buyer connected with the Business
Tags:
Vehicle Rental Business Investment Opportunity in Abu Dhabi, United Arab Emirates
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·Bike Rental Business Investment Opportunity
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·Invest in Abu Dhabi, United Arab Emirates
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·Invest in Vehicle Rental Business
·Phone App Investment Opportunity
·Invest in Bike Rental Business
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