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MEAL PLAN BUSINESS SUMMARY
The world is moving towards fitness and eating well and eating clean. Dubai with his average income being high is a booming market for health and fitness. The climate of Dubai is also such that more than outdoor, indoor things are more in demand.
Using the same latent demand and considering that many people in Dubai are young and single and hence there is a good demand to have meal plans that take away the hassle of cooking and cleaning and also sticking to a diet.
The Meal Plan business in Dubai is in middle maturity stage where there is market leader with 3000+ subscribers to the meal plan and there are very few companies that have more than 30-50 subscribers.
The business leverages on providing a nutritionist consultation and various options for meal plans that are targeted towards the expected outcome. This includes meals such as Vegan, for bulking, for shredding, Keto, Mediterranean etc.
Energy Meal Plan has had almost 100 subscribers at its peak. Right now with ongoing Ramadan month and other reasons the subscriptions are at 40 pax levels.
Currently the company is having a revenue of AED 100,000/- per month having breakeven sales or minor losses.
The owner who is based in Italy has got new business engagements in Italy and is now finding it difficult to travel frequently to UAE and also facing some limitations in managing the operations locally through his representative and as a result the revenues have seen a decline in recent months. Hence the owner would like to sell the well established running company to an experienced buyer who could reconstruct and develop the business efficiently.
Asking price for Full exit is AED 200,000/-. The owner would provide all assistance for a smooth handover.
There are 7 staffs on company visas including kitchen and marketing staffs and a manager.