Kitchen Utensils Business Investment Opportunity in Bogota, Colombia

- Digital department store based in Bogotá, focused on bridging the gap between informal wholesalers and small businesses, along with final consumers.
- Offers a wide variety of innovative and exclusive products at affordable prices, making them accessible for all customers.
- Leverages social media platforms like Facebook, TikTok, and Instagram as primary sales channels, enhancing customer engagement and product visibility.
- Currently supplying to two wholesalers, facilitating a seamless connection between suppliers and end-users.
- Products are procured from China while logistics and warehousing are outsourced to a specialized company, ensuring efficient handling and delivery.
- Provides fast delivery services, same-day delivery in Bogotá and two-day delivery in other Colombian cities, with the option for cash on delivery.
- Average order volume is 10 orders per day, with an average ticket size ranging from USD 25-30, contributing to steady revenue generation.
- Actively invests in social media advertising to increase brand awareness and attract more customers.
- Future plans include expanding operations to Mexico and Spain using a drop shipping model, aiming for broader market reach and increased sales opportunities.
- The business is officially registered in Colombia.