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Listing ID: 18682 Last Refreshed: 17/02/2020 3657 Views

(Expired)Event Marketplace Looking For Takeover

Asking Price S$40,000

Overview

Financial Performance

Monthly Figures
Revenue
S$2,000
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$0

Operations & Ownership

Owner Role
Full Time

Property Information

Premise Status
Rent

Operations & Growth

Reason For Sale

Studies

Description

Hello!

We are selling off a local event platform startup(SPAZES) that was spinned off from a student project. It is actually an event platform marketplace where we crowdsource all kinds of temporary retail spaces like bazaars, flea market and even pasar malam spaces. We worked on this for 2 years but we do not have time to focus on it due to studies.
In the past 2 years, although we were occupied by studies most of the time, we managed built up a fan base of 5.3k organic fans on facebook, 1000+ vendors network and contacts with events organisers/ landlords.

Here are some key highlights

Traction:
2018: Revenue: $9,650 # Bookings: 40 Profit: $1278
2019: Revenue:$20,000 # Bookings: 135 Profit: $4000

Revenue Stream:
Adsense from website
Commission from every transaction

What you will get:
Entire database + platform
Facebook page with 5.4k organic fans
All event contacts

Yearly cost:
Hosting+Server = S$70

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