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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:
1,200,000 AED
Projected gross income for next year:
1,300,000 AED
No of Employees:
7
Year Established:
2019
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
Information on staff:
All employees are freelancers.
Information on transition to New Owner:
Support will be provided during the transition period.

HIGHGROWTH_EDUCATIONAL_TOY_DISTRIBUTOR_WITH_STRONG_CHANNEL_PARTNERS_712202052830

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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