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

New concept online retail trade area and site location area market information search system service.
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 3:46 PM Asia / Seoul
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 356 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 nominal affordable cost of either KRW 10,000 (or USD 8) per Search or the unlimited Search by becoming a yearly member with the yearly membership fee of KRW 120,000 (or USD 96) that can be paid, if preferred, on a monthly basis, that is KRW 10,000 (i. e. , USD 8) per month.
- 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 (5 million in Korea) for their more effective business operations and the S/M-sized to-be retailers (some 0.4 million every year) for use in their successful new site locations.
- So far, only the large companies can afford such analytic micro/trade area market information as the ones to be provided by us, because such micro/trade area market information as mentioned above can only be obtained with a time-consuming offline analysis service at a very high cost that the S/M retailers cannot afford to access/obtain. Our system service will be the first-of-its-kind online micro/small area market analysis system service for S/M retailers.
- No sales and revenues yet since we are at the system development stage.
Products & Services Overview
* An online micro area retailer market information search system service, easily accessible via PC or mobile for a small cost of KRW 10,000 (USD 8) per search or the unlimited search for the yearly membership fee of KRW 120,000 (USD 96) a year that can be paid every month, i. e. , KRW 10,000 (or USD 8) per month, if preferred.
* This system is specifically designed to help small/medium-sized retailers meet their unmet trade area market information needs 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
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7 Investors 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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