Ecommerce Website Investment Opportunity in Baghdad, Iraq
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 20 - 30 thousand |
Run Rate Sales | USD 46 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Ecommerce Websites |
Locations | Baghdad |
Local Time | 11:10 AM Asia / Baghdad |
Listed By | Business Owner / Director |
Status | Active |
- 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.
E-commerce platform for beauty products, apparel, electronics, home products, footwear, and clothing.
Minimum physical assets such as IT equipment and furniture like racks.
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.
-
Earlier than 15 daysCEO, Cryptocurrency, Moscow, Individual Investor / Buyer connected with the Business