The offered online business is an online sales platform where local, physical retailers can sell their products through one web store. In addition, service providers offer their services, allowing consumers to submit quotes. The platform operates on the basis of an annual subscription and a commission percentage on sales.
The fixed annual subscriptions provide a stable income and offset the fixed costs. The remaining revenue, generated by the commission percentage per sale, is an additional source of income.
In addition to the sales platform, there is also an app in development that will be launched soon. With this app, consumers can show their account at the store using a QR code. This allows them to earn discounts and redeem discount codes. This offers an additional revenue model for the online business.
The reason for the sale is family expansion of the owner. Although the development of the platform has just been completed, there is no longer time to scale it up. Nevertheless, the platform has already received a lot of word-of-mouth advertising and the concept of local businesses on one website where people can shop by region/city is well received, according to the current owner.
Characteristics |
|
|---|---|
| Annual revenue | € 40.000 |
| Visitors / month | 500 |
| Industry | Other |
| Net Annual Profit | For Full Members |
| Staff | For Full Members |
| Time spent / week | For Full Members |
| Exists since | For Full Members |
| Order processing | For Full Members |
| Webshop Platform | For Full Members |