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Application Software Company Investment Opportunity in Stocking Pelham, United Kingdom

Business providing SaaS platform for building mobile eCommerce stores, with 1,000+ clients, targeting African merchants.

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
Overall Rating
Partial Stake Sale
USD 600 thousand for 15.0% stake (Native Currency: GBP 500,000)
Reason: Seeking investment for global expansion across other European and African countries.
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Business Overview

- 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.

Products & Services Overview

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.

Assets Overview

No physical assets.

Our proprietary software has been valued by leading IP consultants - Mathys & Squire at £6m with a current build cost of £10m+

Facilities Overview

Currently all the operations are remote. No dedicated office facility.

Capitalization Overview

The company has previously raised £500,000 and the two founders are the majority shareholders.

No outstanding loans or liabilities.

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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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