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Social Shopping Website Allowing Group Purchases For Sale

Home Based, New York, US
Asking Price:
$2,500,000 (USD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Website business for sale, offering social shopping cart feature subscriptions, that allow general online retail customers to browse, shop and buy together from participating e-commerce sites, all from one place. Ideal for entrepreneur with links to retail e-commerce and manufacturing or supply industries. Website offers downloadable app for retail sites wanting to offer their customers key features, such as, online group purchases, group chat, best-price search function, and translation feature that accommodates buyers and sellers from all over the planet, doing away with empty carts, and encouraging higher profit and sales margins for business owners.
This website was launched 5 years ago, and is being used by some e-commerce sites.
Requires a dedicated entrepreneur willing to grow and market the company, investing time and energy in to it. Must be business and marketing savvy, with some capital. Familiarity with general accounting, marketing, human resources, client management and sales a plus.

Property Information

Location:

Virtual (Online)

Business Operation

Expansion Potential:

The room for growth for this particular product is unlimited within the US and internationally. The need for an online group ordering app is great, whereby many offices, families and colleagues would find it a very useful day-to-day purchasing tool. At the moment, there are no competitors in the online group purchasing retail sector.

Competition / Market:

There are many online retailers with ordering-to-carts functions, but none for groups, allowing group ordering and bill splitting

Reasons for selling:

Owner has other business interest that requires his time.

Trading hours:

24/7

Employees:
1
Years established:
2016

Other Information

Support & training:

Owner will work with a buyer to insure a smooth transition.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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