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Online Business For Sale

Location  Canada
Asking Price Range  $250K - $500K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2009
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Yes.
Reason for Sale  No working capital.

Description  
Selling a recently developed online penny auction website (ore-auksjon). We have been running for 4 months in the Norwegian market. Currently we have just finished development on our expansion plans for Sweden and Denmark. Both sister sites are ready for launch with all payment gateways, bank accounts and admin functions in place. This is a great income maker and a unique business model with very few competitors. the concept can easily (and cheaply) be expanded to other markets. Our original business plan included expansion to north American by 2010. We are seeking 3,000,000 Norwegian kroner (ca. $460,000 USD or _335,000 Euro) for 100% ownership. I would be willing to stay on as a minority shareholder or as an employee should the buyer wish. Please email or contact me for full information on this Online business for sale, by telephone at +47 98445398 (serious enquiries by telephone only please). This is a great opportunity to take over a definate money maker concept. All the ground work is done and the sites are ready to go live (Norwegian site is already live). I am selling because I do not have the funding for operating expences. Thank you for your interest.


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