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SELLER GUIDE
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Marketplace

Currency:

Marketplace | Automotive

Verified Listing
4-year web & mobile marketplace with iOS/Android apps, proven ROAS, VC-backed, fully built to scale internationally beyond current successful market
Marketplace Automotive Sponsored Confidential
Business Location
Site Age
7 years
Monthly Profit
CAD $762 /mo
Profit Margin
18%
Profit Multiple
2.0x
Revenue Multiple
0.3x
Marketplace Automotive
Asking Price (Classified)
USD $21,972
USD $13,153
Reduced 40%
CAD $17,959

Includes USD $114,041 of inventory

About the Business

A company founded in 2022 aimed to simplify boat booking akin to popular vacation rental platforms. Initiated during the pandemic, this online marketplace, supported by venture capital, has developed into a fully customized platform with mobile applications, surpassing revenue expectations. Initially launched in a city with a short boating season, the platform achieved over $300,000 in gross bookings, proving its market fit and demand. Following this success, a $300,000 pre-seed investment was secured. After refining product and unit economics, the company briefly tested new markets, focusing on conversion efficiency and scalability. Year-over-year metrics demonstrated significant growth: web visitors increased by 41.3%, sales volume by 105%, gross merchandise value by 150%, conversion efficiency by 47%, and the average order value rose by 22.5%. Importantly, return on ad spend yielded 3.68 times the investment, reflecting the platform’s ability to convert traffic into customers efficiently. The business is seeking a new owner to lead its upcoming phase, involving expanding into multiple markets and forming partnerships. The founders are shifting their focus due to personal commitments; hence, they are selling the business as an asset. The sale includes a fully developed technology platform, brand infrastructure, and a conducive foundation for scaling. The buyer will receive a robust marketplace, validated demand, operating systems for non-technical teams, and growth plans, along with post-sale support from the founders. This presents an opportunity for the buyer to expand the business further. With performance marketing and inventory growth, it can become a profitable venture with the potential for future funding rounds. It is positioned as a ready-to-scale business, promising high profits and sustainable cash flow.
Marketplace Automotive
Asking Price (Classified)
USD $21,972
USD $13,153
Reduced 40%
CAD $17,959

Includes USD $114,041 of inventory

Vetted Listing

This quality listing has been vetted by the Flippa team or the broker to ensure accuracy of the information provided.

Our vetting team has reviewed this listing and verified:

  • Revenue
  • Primary Expenses
  • Traffic
Payment Methods
Escrow.com
FlippaPay
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0 Comments
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80 Watchers

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