Businesses For Sale in SingaporeSingapore

Listing ID: 13401
Total Viewed: 1122
Last Refreshed: 03/04/2018

Singapore based Local Classified Portal Business Needs Investor

Central Area, Singapore

Asking Price : SGD50K - 100K

Revenue: SGD50K - 100K

Cash Flow: SGD50K - 100K

Payable: Not Disclosed

Established: 2018

Gross Profit: SGD50K - 100K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD50K - 100K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason To Sell
Investment Partnership Required
Business Description

We are a team of highly experienced IT professionals intend to launch a local classified- listing & search portal business for Singapore and neighboring South-West Asian countries. Apart from business listing, it will also act as a local marketplace where users can list their products and services for FREE. We have innovative plans to monetize the business as the traffic escalates on the site gradually. Some examples are- asking fees for featured ads, create membership packages, selling banner ads, monetize unused spaces via PPC ads, promote affiliate products etc. which all has great profit potential.

 

We will be adding up many first-time features and best-in-class functionalities to take the concept to a higher level. The platform is highly innovative in concept and extremely futuristic in execution, which intends to revolutionize the local classified services space.

 

(1) Experienced team with strong IT background. Successfully executed 3 similar ventures in the past.

(2) Already a pool of 500+ vendors ready to get engaged with this project- an essential ingredient for success of this venture.

(3) New age E-business which is greatly in demand and still lacks dynamism in services & utility. The business model is here to stay for long time.


After Singapore we have plans for the portal to act as a local classified site also for Malaysia, Philippines, Indonesia, Taiwan and Hong Kong. We plan to develop the portal using the most modern and cutting-edge technology tools which will also have the best mode of communication integrated like- Text Chat, Whatsapp messages and Video Communication. Apart from web application, the portal will also have an Android and iOS apps for the users. We have also ensured a swift customer support mechanism so that users concerns could be immediately resolved in case they have any.

Business Operations
Staff:
Not Disclosed
Property Information
Premise Status:
Rent
Rental Fee:
SGD0

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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