Ecommerce Website Investment Opportunity in Dubai, UAE
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | INR 11.7 crore |
Run Rate Sales | INR 7 crore |
EBITDA Margin | Operating at loss |
Industries | Ecommerce Websites |
Locations | Dubai |
Local Time | 5:34 PM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Active |
- Have tie-ups with 12 bank networks who are our loyalty partners and provides Credit card points redemption facility.
- Good customer database and repeated customers from UAE and Saudi Arabia mostly.
- Partnered with 6 different courier services to provide delivery across the world.
- Have around 70 to 80 wholesale suppliers and manufacturers in Dubai for product procurement's.
- We procure products only after order confirmation, then we pack it and ship the same. All orders are back to back only.
- For the last 2 years our average monthly sales was around AED 700,000+ as a result of strong marketing. It has now reduced due to lack of funds for marketing.
- Promoters have more than 15 years of experience in eCommerce business.
- We aim to achieve break even in 2020 and profitable in 2021.
- In talks with one of the big loyalty partner in the Middle East and if signed this would be a big boost to our business.
- We offer reward points and free gifts for purchases greater than AED 500.
- Have good corporate orders from clients. Currently we are not supplying as their repayment time is around 90 days and we lack funding to fulfil the orders.
- Only website in Middle East having India Delivery option where the customers in GCC can gift their loved ones in India without paying any customs.
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Earlier than 15 daysHead Of Strategy, Retention Solutions, Singapore, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business