Ecommerce Website Investment Opportunity in Dubai, United Arab Emirates
|Legal Entity||Limited Liability Company (LLC)|
|Reported Sales||USD 1.3 million|
|Run Rate Sales||USD 312 thousand|
|EBITDA Margin||15 %|
|Local Time||7:31 AM Asia / Dubai|
|Listed By||Business Owner / Director|
- E-commerce group with 3 websites, each with its own unique identity.
- The group sells high-quality mass-market contemporary art through its websites.
- Product line includes acrylic skateboards, canvas art, fine art photography, neon signs, and neon prints.
- Each website has a unique brand identity and its respective digital assets (Instagram and Facebook pages).
- The Instagram and Facebook pages for all three websites have 300,000+ followers.
- Customers buy the products through the websites.
- Each website has dedicated manufacturers, suppliers, and fulfilment partners.
- 50,000+ monthly visitors across all the websites and have served 20,000+ customers to date.
- 90% of our marketing budget is spent on Facebook and Instagram ads, and 10% on Google Ads.
- The investor gets a stake in the group company that owns all three websites and its digital assets.
- This year's revenues are a direct reflection of:
• Increase in COGS and shipping rates.
• Marketing became harder from late 2021.
• Founder acquired the 50% stake in one of the websites from a silent business partner.
• This acquisition left them with little capital to sustain the entire group only on their shoulders.
- The company has been a one-man show, with contractual help taken as and when it was required.
- No loan has been taken by the business and it has one owner with 100% ownership of the company. The founder has spread themselves and their capital thin over too many projects. They had to scale down marketing and decided to start thinking about raising funds and or partnerships/merge opportunities.
Acrylic skateboards, acrylic surfboards, canvas art, fine art photography, neon signs, and neon prints.
We have 1,000+ product SKUs across the three websites.
We do not own any physical assets. But on the other hand, we own an incredible amount of digital ones.
Intangible assets include 3 online brands; 3 websites with a total of 50,000+ monthly visitors; 3 Instagram pages with a total of 230,000+ followers; 3 Facebook pages with 69,000+ followers.
The business runs remotely and the founder is based in Dubai, United Arab Emirates.
The main company is based in Dubai, but we still own an Ltd entity in London, United Kingdom.
4 days, 9 hours agoCEO, IT, Chicago, Corporate Investor / Buyer connected with the Business
1 week, 1 day agoPartner, Singapore, Business Broker connected with the Business
1 week, 1 day agoFounder & CEO, Wine Manufacturer, Berlin, Corporate Investor / Buyer connected with the Business