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Online Marketplace Company for Sale in Erbil, Iraq

For Sale: Start-up online car listing portal with a patented logo and trademarked brand.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Online Marketplace
Locations  Erbil
Local Time 3:34 AM Asia / Baghdad
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 220 thousand (Native Currency: IQD 290,000,000)
Reason: The owner has already spent USD 100,000 of their personal funds on this website and cannot invest an... View More
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Business Name
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Business Overview

- Online portal to purchase and sell new and pre-owned vehicles.

- Website and mobile applications for Android and iOS support multiple languages which makes them user-friendly.

- One year IT maintenance contract with a Dubai-based IT company.

- Have a 10-year German patent on the logo and an official trademark.

- Website receives almost 500 visitors per month without active advertising.

- Have listed lots of cars and car dealerships in UAE, India, and Iraq.

- Buyer will get the website, domain, Android and iOS app source code, maintenance contract, patented logo, and trademark.

- The website is fully launched but has not recorded any sales.

- Promoter has work experience of more than 7 years which includes work on this platform for 4 years.

- The owner ideally wants a buyer from either India, Iraq, or UAE.

- Buyer can register the company in their home country and the owner will liquidate the company in Iraq at the buyer's request.

Products & Services Overview

Website and mobile applications for buying and selling used/new cars.

Assets Overview

Website and domain, Android and iOS applications with source code, maintenance contract, patented logo, and trademark.

Facilities Overview

We operate out of an office cum living space of 180 sq. m. The owner pays the rent for this office in their personal capacity.

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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