Social Shopping Website Allowing Group Purchases

Relocatable, NY

Asking Price: Annual Revenue:
$2,500,000 Not Disclosed

Technology: Internet, Websites

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RE: Social Shopping Website Allowing Group Purchases Broker: George Bradbury
Owner Financing is Available!

Quick Facts

Asking Price: $2,500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 1
BBN Listing #: 36376351
Broker Reference #: WEBSITE1

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Business Overview:

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.

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Market Competition and Expansion:

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

Reason for Selling:

Owner has other business interest that requires hi

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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