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Online Marketplace Company for Sale in Riga, Latvia

For Sale: Multilingual online classifieds platform with trademark, domain names, and complete software package.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Online Marketplace
Locations  Riga
Local Time 2:29 PM Europe / Helsinki
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 176 thousand (Native Currency: EUR 150,000)
Reason: We have developed this platform to be sold and we do not intend to run the classifieds business by o... View More
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Business Overview
- Company has developed an online classified platform that is intended for sale and we do not intend to run the classifieds business by ourselves.
- Here is what we have made for the buyer to enter classifieds business almost instantly:
* We have created a multilingual online classifieds platform. Ideal for countries with multiple languages in use.
* This platform consists of a software package that is easy to deploy and administer.
* Platform software is developed and constantly improved by the seller.
* Flexible customization of the visual and functional parts is possible. The software may be set up on any server. The software can be serviced both by your in-house IT team or by outsourced external specialists, including the developer itself.
* We have registered a trademark and set of domain names, including com, and eu domains. Plenty of other options are still available, as the name and trademark are unique and distinctive at the same time.
* We have figured out that there is either no real competition in target markets or a real chance for competition. Our classifieds platform is targeting several countries in Central Asia and South Asia with a total population of 1.65 billion and can be easily expanded to any region. This means that the buyer can add more countries you wish to enter with the current trademark, or simply add another name + trademark and deploy the same software.
* Highlights of the classified business industry:
- The global online classified market is expected to reach USD 32.33 billion in 2024 (according to research available online),
- Both horizontal (wide range of categories) and vertical (focus on single category) models are witnessing increasing popularity subject to the region,
- Huge deals have been seen in the recent years (e. g. eBay's Classifieds business unit sold for USD 9.2 billion in 2020),
- Top players are expanding aggressively (message me and I will send you exact names),
- There are still areas/countries with no coverage from main players – a window of opportunity will exist for no more than two years, as corporations are slow but merciless.
- We can push you ahead of the competition, by saving precious time you will need to spend on coding your own classifieds platform. This will save you approximately one year which is usually spent on development.
- Promoter is the owner and manager of the company and there are no debts or liabilities.
Products & Services Overview
Right now, our platform is set up on one of the domains, it is customized for the country this domain belongs to and is ready to be put into business as it is. However this was implemented as a demo version, so the potential buyer could look at the functionality.
Our platform offers end-users to register, place and manage advertisements. The platform can generate income from the following sources:
* External network advertising (Adwords, Google, etc. ).
* External direct advertising (text, banners).
* Internal advertising (text, banners from sections sponsors).
* Paid user services (posting ads, ad ratings, adding videos, etc).
Assets Overview
1) Platform includes a software package, which consists of three parts:
- Templates (HTML, JS, CSS) are responsible for the visual part and interfaces (for the web page);
- Scripts (controllers) have their own functionality and algorithms for each page accepting some parameters at the input and using the required template at the output;
- Database contains all dynamic information and settings values.
- Administration of the platform is run through the web-based admin front-ends.
2) Registered trademark.
3) Domain names.
Facilities Overview
There is no physical office. It is an online business, which can be run from any location.
Capitalization Overview
Not Disclosed
Recent Activity
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Contact Business
4 Buyers already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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