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Korea's Best Shopping Mall Solutions E-commerce Business For Sale

Gangnam-gu, Seoul, Rep. of Korea
Asking Price:
$20,000,000 (USD)
Sales Revenue:
$1,010,000 (USD)
Cash Flow:
$540,000 (USD)

[Open source shopping mall solutions company]

A company that develops open source programs used on the web. We distribute bulletin boards and shopping mall programs that are difficult to develop by the public ‘for free’ and make profits from additional services that are compatible with the programs. The main product is currently no. 1 in the Korean bulletin board solution category.

A domestic rival
Most companies, organizations and individuals are dedicated to developing only cms solutions.
So, for open source bulletin board solutions, there are no competitors in Korea.

Foreign rivals
Overseas, bulletin boards in the form of forums tend to be used primarily. It's hard to find anything comparable outside the country.

Stand-alone type shopping mall
Although the competitors for shopping mall solutions are Cafe 24, Make Shop, and Godo Mall, we are relatively competitive in the stand-alone shopping mall market as most of them offer shopping malls on lease.

Commission revenue
Most of our revenue is based on e-payment fees. The fees which had been accumulated as private businesses before 2012, have been accumulated through corporate earnings since the company switched to a corporation in 2012.

Monthly earnings
The monthly fee is over 0.1 million dollars.

Fees from payment agencies
When a shopping mall joins a payment agency, a subscription fee is incurred

Profit from payment agency
There will be a fee when the subscription shopping mall pays.

Sales agency fee
There will be a commission for selling content at the content mall.

Profit-to-sales ratio is high
。Operating profit ratio exceeded 50% of sales based on accounting standards for 2018.
。The reason why sales are small is because sales are calculated based on fees, not credit card sales.
。As of 2017, there were a total of 95 million dollars in sales at numerous shopping malls using our solutions.
。In 2017, 2,259 franchises were added.

Solution users
。The cumulative download of the solution has exceeded 300,000.
。Google displays more than 3.7 million solution searches.
。When searching for solutions on Naver, more than 230,000 search results are displayed

Number of site visitors
。Alexa traffic ranking is 8,000th in the world.
。According to google analytics, there are an average of 20,000 visitors a day.
。The number of visitors has increased by 40% compared to last year.

Competitor
We don't have a competitor.
。Uber is the largest shipping company in the world, but it doesn't have any taxis.
。Airbnb is the largest lodging company in the world, but it doesn't own any hotels. Airbnb is the largest lodging company in the world, but it doesn't own any hotels.
。Although we are developing a solution to producing the most independent shopping malls in Korea, we do not have any shopping malls.
。It's very difficult to make a profit from an open-source solution.
the revenue base from fees is small, making it difficult to make a profit even if you know the business process.

Vision
。Diversification of profits
We've diversified our profit structure so that we don't have any problem running our company without selling solutions.
。Switch to open source
We've completely stopped selling our main revenue base, the mall solutions, and allowed anyone to use them and share them.
。Minimize customer support
The advantage of open source is that it can minimize customer support. We spend less time supporting our customers and are investing more in development.

Etc.
。One representative owns 100% of the shares.
。We have fewer employees, only 8, including our executives and employees.
。Fee revenue is generated continuously, regardless of the existence of our company.
。This is a site that is usually visited by website developers.
The value of the solution is high, but please rate the value of the site higher.

Thanks.

If interested, please contact the seller through the form on this page.

Property Information

Real Estate:

Lease

Business Operation

Trading hours:

24/7 operation

Employees:
8
Years established:
8

Contact Information

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