Singapore  Singapore

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Listing Id: 13401 Last Refreshed: 07/05/2019 Total Views: 8873

(Expired)Singapore based Local Classified Portal Business Needs Investor

Central AreaEcommerce Websites and Online Stores
Asking Price: S$50K - 100K
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type N/A Premise Size
  • Monthly Rental S$0 Rental Desposit N/A
  • Revenue S$50K - 100K Liability N/A
  • Gross Profit S$50K - 100K Net Profit S$50K - 100K
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 0
  • Established 2018 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Ana Vernes

Reason For Sale

Investment Partnership Required

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.

Property Information

Rent
Premise Status
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