Application Software Company Investment Opportunity in Stocking Pelham, United Kingdom
Established | 10-20 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 190 thousand |
Run Rate Sales | USD 190 thousand |
EBITDA Margin | Nil |
Industries | Application Software |
Locations | Stocking Pelham |
Local Time | 9:37 PM Europe / London |
Listed By | Business Owner / Director |
Status | Active |
- Business offering a Software as a Service (SaaS) platform for building mobile eCommerce stores, providing a website builder for professional designers and developers to create responsive, highly functional websites.
- The platform is comparable to Shopify, Square Online, and WooCommerce, and is specifically tailored to be affordable for African merchants.
- It is manageable via mobile devices, catering to the mobile-centric nature of eCommerce in Africa.
- The platform has established partnerships with global entities such as Worldpay and Getty Images, adding credibility to its service offerings.
- It has secured corporate clients, including Reach PLC, one of the UK's leading media companies, which resells the platform's products to its own customers.
- The business boasts a client base of over 1000, which mainly consists of web developers.
- The business operates on a monthly subscription model, offering basic to enterprise-level packages priced at EUR 8 to 55.
- Additionally, the business generates supplementary revenue through website design and hosting.
- Currently, the business is at breakeven because they are re-investing in their product development.
SaaS platform for building mobile eCommerce stores.
Website builder for professional designers & developers.
Can create responsive, highly functional websites.
Sold as a monthly subscription model, offering basic to enterprise-level packages.
No physical assets.
Our proprietary software has been valued by leading IP consultants - Mathys & Squire at £6m with a current build cost of £10m+
Currently all the operations are remote. No dedicated office facility.
The company has previously raised £500,000 and the two founders are the majority shareholders.
No outstanding loans or liabilities.
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Earlier than 15 daysManager, Marketing, Dubai, Individual Investor / Buyer connected with the Business