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Online Marketplace Startup for Sale in Dubai, United Arab Emirates

Sale: Company offering an online multi-channel marketplace in the form of mobile applications and website.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 54 thousand
Run Rate Sales Nil
EBITDA Margin 10 - 20 %
Industries Online Marketplace
Locations  Dubai
Local Time 10:14 AM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: AED 1,500,000)
Reason: The owner does not possess the adequate time to run operations and wishes to sell this business.
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

- Our company offers a proprietary online marketplace for fulfilling a diverse set of needs of our clients.

- The marketplace is in the form of an online website along with mobile applications for IOS and android.

- The business commenced operations at the beginning of last year. However, due to the operational inefficiencies caused by the pandemic, we had to shut down the business within 7 months of operations. The scope of operations was only within UAE.

- The business is currently non-operational and has been for over a year. We have not recorded any revenue this year.

- Our company has a fully developed website along with mobile applications. Currently, none of them are operational and active as we had to shut them down to avoid taking orders from customers. However, they can also be reactivated and customised for the prospective buyer.

- During the period when we ran operations, the business fulfilled over 10,000 orders across UAE. We had over 50 vendors listing over 5,000 different products along with affiliations with over 50 businesses offering maids and car washing services listed on our portal. The website also had multiple individuals selling home-grown products on our marketplace.

- Relationships with the vendors, affiliate businesses, and distributors can be reactivated by the owner for the prospective buyer.

- The business earned revenue by earning a fixed percentage of profit from vendors and affiliate businesses in the three channels of the marketplace.

- This transaction includes the entire business entity, rights, and ownership of the online marketplace, website, mobile applications, licenses, and other legal documentation.

Products & Services Overview

Our platform is a multi-channel market place which includes:

- Sale of a variety of products such as toys, clothes, bags, shoes etc.

- Booking a variety of services such as maids and car washing.

- Home-grown section which provides opportunities to people making small products at their homes to sell them on our portal.

Assets Overview

The company does not own any physical assets.

Facilities Overview

The business is currently non-operational and does not have any facility or office.

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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