Terms of Service

1. Who we are

PHLEET is operated by Phleet FZ-LLC, a free zone limited liability company registered in the United Arab Emirates (“PHLEET”, “we”, “us”). We operate the website and platform at phleetdeals.com (the “Platform”).

You can reach us at support@phleetdeals.com.

2. Agreement and electronic acceptance

By creating an account, ticking an acceptance box, or using the Platform, you enter into a binding agreement with us consisting of these Terms and our Privacy Policy. If you use the Platform on behalf of a company or other entity, you represent that you are authorised to bind that entity, and “you” includes it.

Records of electronic acceptance on the Platform (including the accepted content, your identity, and a timestamp) are intended to be valid and enforceable to the fullest extent permitted by applicable law, including UAE Federal Decree-Law No. 46 of 2021 on Electronic Transactions and Trust Services.

3. What PHLEET is — and what it is not

PHLEET is a venue. The Platform lets sellers list online businesses for sale, lets buyers discover those listings, and provides workflow around a potential transaction: access requests, non-disclosure agreements, messaging, secure document sharing, offers, deal tracking, and standard agreement templates.

PHLEET is not:

• a party to any transaction between buyers and sellers;
• a broker, dealer, investment adviser, or financial services provider;
• a law firm, accounting firm, tax adviser, or valuation firm;
• an escrow agent, payment processor, or holder of transaction funds; or
• a guarantor of any listing, statement, party, or outcome.

Nothing on the Platform — including agreement templates, calculators, scores, and educational resources — is legal, financial, tax, or investment advice. Engage your own professional advisers before entering into any transaction.

4. Eligibility

To use the Platform you must:

• be at least 18 years old and have legal capacity to contract;
• use the Platform for business purposes connected with buying or selling a business;
• not be subject to sanctions or located in a jurisdiction where use of the Platform is prohibited; and
• comply with applicable anti-money-laundering, sanctions, and export laws.

5. Accounts and security

Sign-in uses one-time codes sent to your email address; we do not store passwords. You are responsible for keeping your email account secure and for all activity under your PHLEET account. Provide accurate information and keep it current. We may suspend or restrict an account to protect the Platform, its users, or to comply with law.

6. Sellers and listings

If you list a business, you represent and warrant that:

• you own the business or are authorised to offer it for sale;
• the information and documents you provide are accurate, complete in all material respects, and kept up to date;
• the business and its sale are lawful; and
• you have the right to share everything you upload — including any personal data of third parties contained in your documents — and you remain responsible for that content.

We may review, decline, edit the presentation of, or remove any listing at our discretion, including where a listing appears inaccurate, unlawful, or harmful to trust in the marketplace.

7. Verification

Where a listing or seller is marked “verified”, this means PHLEET has performed limited, good-faith checks — such as identity, ownership, or basic metric checks — at a point in time. Verification is not an audit, a valuation, an endorsement, or a warranty of any information in a listing. Buyers must perform their own independent due diligence before transacting.

8. Buyers, NDAs, and confidentiality

Access to a listing’s confidential information (including the company’s identity, detailed financials, and data room) requires the seller’s approval and, where required, acceptance of a non-disclosure agreement on the Platform. If you receive confidential information, you must:

• use it solely to evaluate the potential transaction;
• keep it confidential in line with the NDA you accepted; and
• not contact the business’s customers, employees, suppliers, or partners without the seller’s prior consent.

9. Non-circumvention

If you are introduced to a counterparty through the Platform, you agree not to bypass PHLEET to avoid fees that would otherwise apply. A transaction concluded with a counterparty introduced through the Platform — on or off the Platform — within 12 months of the introduction remains subject to any applicable success fee under section 12.

10. Deal documents and electronic signatures

The Platform lets parties accept NDAs and sale agreements electronically. Those agreements are between the buyer and the seller; PHLEET is not a party to them. We store acceptance records — the accepting user, their role, the exact accepted content, a cryptographic hash of that content, and a timestamp — as evidence of the agreement for both parties.

If a listing-specific agreement (such as an NDA or sale agreement accepted on the Platform) conflicts with these Terms, the listing-specific agreement governs its own subject matter between its parties.

11. Closing happens off-platform

PHLEET does not process payments or hold funds. Payment of the purchase price, transfer of assets, escrow arrangements, taxes, and any regulatory approvals are exclusively the responsibility of the buyer and the seller. We are not liable for a counterparty’s failure to pay, transfer, or perform.

12. Fees

The Platform is currently free to use. We may introduce fees — including a success fee calculated on the value of transactions concluded through, or as a result of an introduction made on, the Platform — by giving you advance notice on the Platform or by email. New fees will not apply retroactively to transactions already closed. Your continued use of the Platform after fees take effect constitutes acceptance of them.

13. Acceptable use

You must not:

• post content or listings that are unlawful, misleading, or infringe another person’s rights;
• misrepresent your identity, authority, or the nature of a business;
• scrape, harvest, or systematically extract data from the Platform;
• probe, disrupt, or attempt to gain unauthorised access to the Platform or other users’ data;
• use the Platform to launder money, evade sanctions, or finance unlawful activity;
• send spam or unsolicited commercial messages to other users; or
• copy, resell, or reverse engineer the Platform.

14. Your content

You retain ownership of the content you submit (listings, documents, messages, profile information). You grant PHLEET a worldwide, non-exclusive, royalty-free licence to host, process, transmit, and display that content as needed to operate, secure, and improve the Platform. We may use data in anonymised or aggregated form — never identifying you or a specific business — for analytics and marketplace insights. If you send us feedback, we may use it without restriction.

15. Free tools and resources

Our calculators, scores, and educational resources produce estimates from the inputs you provide. They are for general information only, are not advice, and must not be relied on for any transaction decision.

16. Intellectual property

The Platform, including the PHLEET name, logo, design, and software, belongs to Phleet FZ-LLC or its licensors. We grant you a limited, revocable, non-transferable right to use the Platform under these Terms. No other rights are granted.

17. Third-party services

The Platform is built on third-party infrastructure (such as hosting, database, storage, and analytics providers, described in our Privacy Policy). We are not responsible for outages or failures of third-party services beyond our reasonable control.

18. Term and termination

You may stop using the Platform and ask us to close your account at any time. We may suspend or terminate your access for breach of these Terms, legal or security reasons, or extended inactivity. Sections that by their nature should survive — including confidentiality, acceptance records, fees owed, disclaimers, limitation of liability, and governing law — survive termination. NDAs and sale agreements accepted on the Platform survive according to their own terms.

19. Disclaimers

The Platform is provided “as is” and “as available”. To the fullest extent permitted by law, we disclaim all warranties, express or implied. We do not warrant that listings or user-provided information are accurate or complete, that any transaction will complete, or that the Platform will be uninterrupted or error-free. You transact with other users at your own risk.

20. Limitation of liability

To the fullest extent permitted by law: (a) we are not liable for indirect or consequential loss, loss of profits, revenue, goodwill, or data, or for the acts or omissions of other users; and (b) our aggregate liability arising out of or relating to the Platform is limited to the greater of the fees you paid us in the 12 months before the claim arose and AED 1,000. Nothing in these Terms excludes liability that cannot be excluded under applicable law, including liability for fraud or wilful misconduct.

21. Indemnity

You will indemnify and hold PHLEET harmless from claims, losses, and expenses (including reasonable legal fees) arising from your content, your listings, your transactions with other users, your breach of these Terms, or your violation of law or third-party rights.

22. Changes to the Platform and these Terms

We may change the Platform, and we may update these Terms. If a change is material, we will give notice on the Platform or by email before it takes effect. Continued use after the effective date constitutes acceptance. The “Last updated” date above reflects the current version.

23. Governing law and disputes

These Terms are governed by the federal laws of the United Arab Emirates. The courts of Dubai, UAE have exclusive jurisdiction over disputes arising out of or relating to these Terms or the Platform, subject to any mandatory law to the contrary. Before starting formal proceedings, please contact us at support@phleetdeals.com — most issues can be resolved informally.

24. General

These Terms, the Privacy Policy, and any listing-specific agreements you accept on the Platform are the entire agreement between you and us about the Platform. If a provision is unenforceable, the rest remains in effect. Our not enforcing a provision is not a waiver. You may not assign this agreement without our consent; we may assign it to an affiliate or successor. Notices to you may be given by email or on the Platform; notices to us go to support@phleetdeals.com. The English version of these Terms controls.

25. Contact