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Online Marketplace Startup Seeking Loan in Mexico City, Mexico

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

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales USD 36 thousand
Run Rate Sales USD 95 thousand
EBITDA Margin 20 - 30 %
Industries Online Marketplace
Locations  Mexico City
Local Time 5:21 PM America / Mexico City
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 25 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 7.4 thousand
Includes physical assets worth USD 7.4 thousand
Interested to connect with advisors
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Business Name
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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.

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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