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HIGHGROWTH EDUCATIONAL TOY DISTRIBUTOR WITH STRONG CHANNEL PARTNERS

HIGHGROWTH EDUCATIONAL TOY DISTRIBUTOR WITH STRONG CHANNEL PARTNERS

  • BXB Listing ID :

    13870
  • Type :

    Buy Business
  • Business Type:

    Business
  • Business Name:

  • Country:

    United Arab Emirates
  • State:

    Dubai
  • Area:

    Jebel Ali
  • Asking Price:

    1,500,000 AED
  • No of Employees:

    7
  • Year Established:

    2019
  • Annual Revenue:

    500,000 AED
  • Trade Licence:

    Mainland
  • Total Net Assets:

    300,000 AED
  • Inventory Value:

    300,000 AED
  • Real Estate:

    Leased by the Business
  • Reason for Sale:

    Owners are relocating

Business Overview

The company is the exclusive distributor of a global 3D printer brand for kids in GCC. Its retail channels cover organize retail (Virgin Megastores and B8ta Store), online marketplaces (Amazon, Mumzworld, Noon) and own e-commerce channel. Company also operates direct sales mainly schools (Arbor International, GEMS) and corporate B2B sales. There are number of service partners in place with long and tested relations from all relevant business needs (e.g. payment processing, digital marketing, door-to-door delivery, accounting and custom processing). Company achieved penetration into GCC market in one year via distributing over 500 printers thanks to its premium image vs competition. It is currently the only 3D printer product in many retailers toy portfolio in GCC, as a result a number of large retail groups approached to be reseller of the product.



Please click on thumbnail to view Teaser

STEM (Science, Technology, Engineering, Mathematics) Education is a global growing trend which UAE and many GCC countries are focusing on. Company created a market from scratch in GCC, it is the only technology firm focused solely on educational 3D printing. Company has very strong and preferential treatment from several reputable channel partners (Virgin, Amazon) as a result of successful sales management. Significant digital marketing spent has been done, therefore there is accumulated machine learning data in Facebook and Instagram which translate into strong customer awareness and traffic. The buyer will take-over the team, inventory and relationships with business partners. This is a saleable business to bring high double digit profitability once the right mix of marketing investment is done.

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