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Search Engine Website Investment Opportunity in Yongin-si, South Korea

World first new concept online retail trade area market information search service provided via PC/mobile.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity C Corporation
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Search Engine Websites
Locations  Yongin-si
Local Time 5:36 PM Asia / Seoul
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 370 thousand for 40.0% stake (Native Currency: KRW 500,000,000)
Reason: *The total of KRW500 million is being sought for up-to 40% dilution of the total company's stake, if... View More
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Business Overview

- A globally-oriented, world-first, innovative, new concept online retailer trade area analytic market information search system service, provided for a small affordable cost of either e. g. , KRW 10M (i. e. , less than US$10) per search or for a yearly member, a monthly membership fee of e. g. , KRW 10M (i. e. , less than USD 10) for the unlimited search via PC and Mobile.

- A patent has been applied in Korea (#10-2023-0056841) for its business methodology, its name and also its Website name.

- The core target market groups are the Small/Medium (S/M) -sized retailers (some 5 million in Korea) for their more effective business operations and the S/M-sized to-be retailers (some 0.5 million every year) for use in their successful new site locations.

- So far, only the large companies can afford such trade area market analysis information because such the micro trade area market information as mentioned above can only be obtained at a very high cost that the S/M retailers cannot afford. Our system service will be the first-of-its-kind online small micro area market analysis system service for S/M retailers.

Products & Services Overview

*An online system service easily accessible via PC or Mobile for a small cost (e. g. , KRW100,000 (some US$80 per search) or the unlimited search, for a monthly fee of some US$80 in the case of yearly members), mainly for use by small/medium (S/M) -sized retailers.

*This system is specifically designed to help S/M-sized retailers meet their unmet trade area market information needs for them to effectively operate their existing retail stores and To-Be retailers to successfully locate their new store sites.

Assets Overview

* The knowledge and the documents defining and describing the methods in detail to develop the above mentioned system, the base of our business.

* The patent applied for the system service methodology.

Facilities Overview

Initially, our business will operate out of the founder's home office including a separate room with a large enough space to accommodate a team of 5 full-time members.

Capitalization Overview

- So far, the founder has been bootstrapping the business from his personal resources.

- No debts and no loans.

Recent Activity
  • Earlier than 15 days
    Connecting Companies With The Right Investor, Sydney, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, IT, Bangalore, Individual Investor / Buyer connected with the Business
  • Earlier than 15 days
    Director, Brussels, M&A Advisor connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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2 Investors viewed this Business this month.
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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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