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Ecommerce Website Investment Opportunity in Baghdad, Iraq

E-commerce platform supplying a variety of products to customers in Iraq.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 40 thousand
EBITDA Margin 20 - 30 %
Industries Ecommerce Websites
Locations  Baghdad
Local Time 8:06 PM Asia / Baghdad
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 190 thousand for 20.0% stake (Native Currency: IQD 275,000,000)
Reason: Funds and investor experience shall be used to increase headcount to expand the structure, and inves... View More
Includes physical assets worth USD 20 thousand
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Business Overview

- E-commerce platform was established last year with approx 5k subscribers on the website and 42k subscribers on Instagram.

- We deliver different product categories like beauty care, perfumes, electronics, home appliances, clothes, shoes, books, and tools.

- We are a team of 5 with different experiences in marketing, operations, and procurement.

- The business utilizes a drop shipping model and does physically store all the goods.

- Business earns revenue through the 15-20% margin between the wholesale and retail price of the goods sold.

- Most of the advertisement efforts were concentrated on social media ads.

- We have good local vendors and plan to have international suppliers as well.

- Our platform has several partnerships with companies like Rakuten Viber, IQ Pro & IQ Celeb (social media outlets), and strong business relations with the local corporate scene in sectors of marketing, tech, telecom & FMCG.

Products & Services Overview

E-commerce platform for beauty products, apparel, electronics, home products, footwear, and clothing.

Assets Overview

Minimum physical assets such as IT equipment and furniture like racks.

Facilities Overview

Leased office space in Baghdad for 5 employees and 1 leased fulfillment center in Baghdad (small size warehouse).

We are currently in the process of optimizing our operations and plan to move to a different warehouse.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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