Ecommerce Website Investment Opportunity in Dubai, United Arab Emirates

Online shopping platform in the Middle East with 10 categories and B2C & B2B business.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 800 thousand
EBITDA Margin Operating at loss
Industries Ecommerce Websites
Locations  Dubai
Local Time 10:36 PM Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 1 million for 48.0% stake (Native Currency: AED 3,500,000)
Reason: Additional loyalty tie ups in GCC. To also add bookstore to our offerings. To start in-house fleets ... View More
Includes physical assets worth USD 27 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- 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.

Products & Services Overview

Ecommerce platform selling Mobiles, Electronics, Fashion, Games, Books, Toys, Gifts, Baby Gear, Laptops, Cameras.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with this business
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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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