Ecommerce Website Investment Opportunity in Dubai, United Arab Emirates
|Run Rate Sales||USD 800 thousand|
|EBITDA Margin||Operating at loss|
|Local Time||10:36 PM Dubai|
|Listed By||Business Owner / Director|
- We are a 3+ year old eCommerce platform selling different products in 10 categories.
- 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.
Ecommerce platform selling Mobiles, Electronics, Fashion, Games, Books, Toys, Gifts, Baby Gear, Laptops, Cameras.
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with this business