Online Marketplace Startup for Sale in Dubai, United Arab Emirates
|Legal Entity||Sole Proprietorship/Sole Trader|
|Reported Sales||USD 54 thousand|
|Run Rate Sales||Nil|
|EBITDA Margin||10 - 20 %|
|Local Time||10:14 AM Europe / London|
|Listed By||Business Owner / Director|
- 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.
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.
The company does not own any physical assets.
The business is currently non-operational and does not have any facility or office.
1 week, 2 days agoGeneral Manager, Floor Covers, Karachi, Corporate Investor / Buyer connected with the Business