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#Business ID: 38828

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Growing Charity Water Devilry App For Sale

Business Location: Riyadh, Ar Riyad, Saudi Arabia

Asking Price: $ 18,000,000 Revenue: $ 3,000,000 Cash Flow: $ 1,500,000

Business Summary

Summary of Business for Sale

This innovative platform is revolutionizing the gifting and donation process by focusing on water delivery across Saudi Arabia, Kuwait, and the UAE. The platform offers a seamless solution for individuals and businesses to order and deliver water to designated locations, aligning with cultural traditions that consider water one of the highest forms of charity. With an easy-to-use app, users can gift water to mosques, offices, and households, ensuring convenience and reliability.

The business operates in a rapidly growing market. Saudi Arabia, the third-largest per capita consumer of water globally, offers a booming bottled water industry projected to grow at a compound annual growth rate (CAGR) of 8.55% through 2032. The company leverages this growth by offering premium-priced, customized water delivery services, addressing the increasing demand for convenience.

Key Financial Highlights:
Gross Merchandise Value (GMV):
2021: $1,251,614
2022: $3,069,021
2023: $2,763,554
Net Profit:
2021: $443,340
2022: $1,170,636
2023: $1,230,094
Average Order Price:
2021: $49
2022: $51
2023: $51
Operational Metrics:
Total app downloads (2023): 195,997 (iOS and Google Play combined)
Registered users (2023): 112,255
Total transactions (2023): 54,075
The business is built on strategic partnerships with water producers and operates with low overhead, ensuring strong margins and scalability. Its strong brand, proven traction, and efficient operations make it a highly attractive investment opportunity poised for continued growth in the GCC market. The company’s mission to combine profitability with social impact creates value for both its customers and the community.

For potential buyers, this represents a turn-key opportunity in a high-growth industry with established profitability and a clear pathway for regional expansion.

Property Details

Other Business Details

Business Location:

Riyadh - KSA

Miscellaneous Details

Reason For Selling:

Investment

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