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Online Marketplace Business Seeking Loan in Mexico City, Mexico

E-commerce store selling kitchen/home goods via Amazon & Shopify to customers in Mexico seeks loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales USD 38 thousand
Run Rate Sales USD 99 thousand
EBITDA Margin 20 - 30 %
Industries Online Marketplace
Locations  Mexico City
Local Time 9:55 PM America / Mexico City
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 25.7 thousand for 12.0% annual interest, 2 years (Native Currency: MXN 500,000)
Reason: Growth capital. We wish to grow our catalogue and expand into other Amazon marketplaces including C... View More
Collateral Available: USD 7.7 thousand
Includes physical assets worth USD 7.7 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- We are an e-commerce store operating through Amazon and Shopify for kitchenware and home goods. We are planning to launch our website in Q4.
- The products are branded under our company but manufacturing is outsourced. Products are manufactured in China, we have four or five different suppliers.
- We have a high growth rate in terms of sales and customer traffic. Our Amazon store averages 7,600 sessions per month.
- Have aspirations to expand into international markets with the launch of our website. Our growth rate is expected to be doubled by next year with this plan.
- Company is co-founded by a British e-commerce veteran and a Mexican e-commerce consultant who have around 15 years of experience in this industry. We have a partner company that is already running operations in the same domain but in a different region and has its own website.
- We haven't had the need for a warehouse yet, we ship directly from China to Amazon Mexico. However, we plan to rent a small space to store products in order to comply with Amazon's new storage limits.
Products & Services Overview
Main product offering is kitchenware and home goods, as well as some lifestyle products.
Assets Overview
Inventory.
Laptops.
Our operation is a light as possible and we work remotely.
Facilities Overview
Business is managed remotely, although we are planning to rent a small storage space.
Capitalization Overview
Not Disclosed
Recent Activity
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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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