Ecommerce Website Investment Opportunity in Baghdad, Iraq
|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 %|
|Local Time||8:06 PM Asia / Baghdad|
|Listed By||Business Owner / Director|
- 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.