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The Proposal We want to raise US$1m We offer a 30% stake. Mehirr@audiorepublic.com +97155 9922622. The Business We provide music to businesses Hotels , Malls, Retails Stores, Banks, Restaurants & Cafes Via the Internet
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The Proposal We want to raise US$1m We offer a 30% stake Mehirr@audiorepublic.com +97155 9922622
The Business We provide music to businesses Hotels, Malls, Retails Stores, Banks, Restaurants& Cafes Via the Internet We also mix messages and branding with the music to provide Branded Music channels, for example: Radio Giordano Marina Home Radio ADCB Radio
Why Invest? Service based product Minimal working capital No inventory Subscription fee paid annually in advance: U$ 100/store/month EBITDA is above 45% Payback 2-3 years
Where are we now? Market penetration successful 2 of the 8 biggest retail groups tapped! Signed annual contracts of AED 500,000 in first 4 Months Own studio set-up Strong supplier relationship
Our Aim Hit annual turnover above $2Mn by Year 5 Potential In UAE alone there are 50 Malls 600 Hotels 1,000 Bank branches2,500 Restaurants/Cafes 8,000 Retail outlets … They ALL need music And then there is KSA, Qatar …