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Online Marketplace Startup for Sale in Dubai, United Arab Emirates

For Sale: Online marketplace for the listing of cars that has tie-ups with 13 showrooms.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 33 thousand
EBITDA Margin Nil
Industries Online Marketplace
Locations  Dubai
Local Time 1:38 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 90 thousand (Native Currency: AED 325,000)
Reason: Not enough time to dedicate as the owner has a full-time job.
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Business Overview

- The business posts car listings on behalf of showrooms.

- We endorse both used as well as brand new cars.

- Launched the website, iOS, and Android very recently.

- We have made a few shipments and are about to partner with Dubicars for their exports.

- There has also been quite a bit of interest from showrooms on our Platinum Package for listings.

- This space is ripe for disruption as some showrooms are ready to pay AED 150,000.

- The business makes money through listing packages, and advertising.

- We receive traffic of around 150 users per day on our website.

- The business has tied up with 13 showrooms currently and can be expanded to around 600 showrooms with a good and efficient team.

- The 2 employees in the business are in charge of marketing and development of software.

Products & Services Overview

- Listing cars for sale in the UAE.

- Listing cars for rent in the UAE.

- Shipping (import & export)

- Sourcing.

- Inspecting.

- Storing.

Assets Overview

Nothing is tangible as it's an online platform (website/iOS/Android). All services are conducted with partners.

Facilities Overview

The team is working remotely and does not have a physical office.

Capitalization Overview

- This is a self-funded business.

- There is only one single owner in the business.

- There is no debt or loans.

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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