Small Ecommerce Website Investment Opportunity in Makati, Philippines

Classifieds website to buy and sell that has 8 million users and 130K online sellers.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 25 thousand
EBITDA Margin Nil
Industries Ecommerce Websites
Locations  Makati
Local Time 6:32 AM Philippines
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 1 million for 15.0% stake (Native Currency: PHP 50,000,000)
Reason: Invest in website, R&D, hire team of 15 members, take up a bigger office space.
Includes physical assets worth USD 3 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Company runs a classifieds website and is looking to raise funds to restructure the website as an eCommerce platform. Have a database of 8 million users and 130K verified sellers.

- We acquired all the users purely with our own digital marketing activities and haven't spent anything on marketing expenses.

- Our website follows an automated verification process to verify seller's credentials. We have built a strong technology for it and do not require a large team. We only have 3 permanent employees.

- We started our classifieds website as a hobby and did not generate any revenue till date from the website. But since we have built a large database, we plan to convert our website into an eCommerce platform to generate sales.

- To step into eCommerce industry and to test the market, we created a website for a soft launch and we received 900K registrations in just 2-3 weeks and generated PHP 100K in revenue (revenue in the form of commission charged to sellers).

- Revenue mention on the profile is from this website we created for soft launch. This website is also under our company name.

- Founder of the company has 26 years of experience in sales & marketing. Since the founders also specialize in digital marketing field, we provided digital marketing services to 1 food company and generated PHP 300K in this year.

- After raising funds, our classifieds website will be launched as a eCommerce website to provide end-to-end services. We are in talks with 10-12 delivery companies and payment gateways in order to establish collaboration with them.

- Our brand is our strength. There is a lot of revenue potential as we have done well even during the pandemic.

Products & Services Overview

- Classified website.

- Digital marketing / partnerships.

Assets Overview

Physical assets owned by the company include 3 laptops.

Facilities Overview
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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