This can be a multi-million AED business in UAE and GCC, since most schools, colleges, universities, libraries, purchase books, magazines, educational material in bulk and there are not many players with valid NMC and UAE DED registrations.
Clean business, no financial liability, no overheads, clear files with immigration and labor department, low sponsor fees, scope for business turnover is very big.
Limited Liability company incorporated in Dubai
Problem or Opportunity
Problem: Sourcing of books has to be done through only registered NMC licensed companies. KPPT has that license.
Publishing is done only by licensed companies. KPPT has the license.
Solution (product or service)
Sourcing and distribution of books, magazines, educational material, stationery and supplying it to Universities, Colleges, schools, libraries. Usually no payment default. Its not a perishable item. Repeat business.
Publishing of books and magazines.
20-30 across UAE. But each one will have different focus.
Advantages or differentiators
Focus only on Universities and colleges.
Can concentrate on publishing various titles, books, magazines in UAE.
Working capital can be rolled over 4-7 times a year depending on client profile.
In publications, if advertising revenue is good, no need for bank finance at all.
Source from publishers world over, get local pricing, negotiate discount, deliver order directly to client or through KPPT office, collect payments upon delivery or within credit period.
Publish magazines, books for authors in UAE. (Revenue: advertisement and subscriptions).
Launch various publications catering to niche segments.
Reason for sale
Current owner can not dedicate time for this business.
Over 400 colleges, universities across UAE. Over 100,000 students. Potential market size is over AED 10 million pa for each player, if managed properly.
For publishing business, lot of scope for self publishing, reprint, translation etc.