Antiques Business for Sale in Izmir, Turkey
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 370 |
Run Rate Sales | USD 220 |
EBITDA Margin | 6 % |
Industries | Antiques + 1 more |
Locations | Izmir |
Local Time | 11:09 PM Europe / Istanbul |
Listed By | Business Owner / Director |
Status | Active |
- Our business is an online marketplace for antiques vintage, retro, also handmade items.
- Based on the lack of a marketplace system for antiques in Turkey, we had such a system installed four years back. It is still the only system for antiques at the moment.
- Many antique dealers or individual sellers sell their products on Instagram. We wished to close this gap and create a system that both the seller and the buyer can easily trust.
- We believe that Turkey is a paradise in terms of hosting antique products and the increasing international trade will get easier in the future.
- We have created a great SEO for the system. Ranks are among the top for antiques on Google. This means that it is far ahead of the big organizations that contain antique products.
- Currently, the website has close to 10K monthly users without any ads. When one allocates a budget of 50 TL per day, this figure easily doubles.
- There are currently 203 active stores and 1,605 products.
- The company has no debts.
- The business generates income from the sales of antiques and google ads. Also, there is an incredible shortage of antique expertise in Turkey at the moment. hence sometimes we make money just by sending customers to antique shops.
- The average monthly income is about USD 500. The sales are falling because we cannot invest enough. But as mentioned above, the number of users never falls below 200 people per day.
- We had the system installed by KMK Information Technologies and it has an application too. The advantage of this is that if one decides to buy the system, we will transfer all the rights to the buyer.
- The company is a sole proprietorship. Sole proprietorships cannot be sold. So, if we come to an agreement, we can handle this in 2 ways.
- As soon as we close the company, one can apply for a company with the same name.
- Provided that you pay the difference, we first convert the company to a limited liability company and then we make the sale.
Online marketplace system for antiques, vintage, retro, also handmade items.
Website, official mail system, and system knowledge training for employees.
A system set up through a virtual office. We have no physical office.
It is a sole proprietorship, so there are no outstanding debts or share distributions. Since it is not possible to sell sole proprietorships, I have written the details about this at the bottom of the description.
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Earlier than 15 daysManager, IT Services - Digital Marketing, Antalya, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Stuttgart, Business Broker connected with the Business