Showcase Your Creativity on this Proven and Profitable eCommerce Marketplace

Profitable Marketplace with $4,028,048 in TTM revenue and $744,034 in TTM profit, that is a top brand of creative products, visited by nearly 30 million people since 2015. It's now a Marketplace for local handcraft product manufacturers, with over 1100 sellers in just 9 months. Despite not running any paid ads, our startup has been running for 16 months thanks to organic traffic and has the potential to be the region's largest handcraft gift and product brand. Currently, the company has 250K email subscribers. The new owner can develop the business as e-commerce or a Marketplace. ✅ $4,028,048 in TTM revenue ✅ $744,034 in TTM profit ✅ $3,500 in revenue last month ✅ $2,100 in profit last month ✅ Competitors: Etsy.com, Ciceksepeti.com, Shopier.com

Asking Price

$116k

Multiples

Asking Price Reasoning

Woohoobox Turkey has proudly thrived in the e-commerce market for over 8 prosperous years, boasting a remarkable total revenue of more than $4 million, with profits exceeding $700 thousand. On social media platforms, the Woohoobox brand has garnered immense recognition, captivating the attention of over 70 million individuals. The brand's magnetic presence on platforms like Youtube has left a lasting impression on millions of young hearts. In a remarkable transformation, we have evolved our e-commerce-focused site into a vibrant marketplace, now home to over 1000 esteemed vendors across Turkey. As we embark on a new journey to another country, driven by health and family considerations, we believe it's the opportune moment to entrust this venture to the next generation of dynamic and visionary individuals. Our aspiration is to empower those who aspire to elevate Turkey's local brand into the pinnacle of prestige within the region.

$4M last 12 months gross revenue

$744k last 12 months net profit

$3.5k last month gross revenue

$2.1k last month net profit

500-999 Customers

$0 ARR

+30% Annual Growth Rate

Date Founded

January 2015

Team Size

Small (2-20)

Business Model

Commission- The business will take a commission on each sale. 2. Quality Assurance: If the seller doesn't ship within a pledged period, the business has the right to fine the seller. The customer will also be rewarded with a discount for their next purchase. 3. Ad Income: This is a system where our sellers pay to compete with each other and to promote their products.

Tech Stack

Woocoomerce Magento Aws Php Wordpress Laravel

Growth Opportunities

Improve conversion rates
Increase digital marketing
Expand to new markets
Social media marketing
Focus on SEO
Increase content marketing
Add new product features

This business emerges as a formidable e-commerce and marketplace endeavor, singularly focused on capturing the hearts of Turkey, the Mena region, and the surrounding geography. The sprawling landscape of this region witnesses a remarkable market share, exceeding 350 billion dollars, dedicated to online gift products. As it sets forth on its ambitious venture, guided by astute marketing investments, it aspires to secure a substantial slice of the market, an impressive 0.05%, amounting to a staggering 180 million dollars. Meanwhile, its closest rival in Turkey's similar category flourishes, boasting an annual income of over $40 million.

Competitors

https://www.etsy.com
https://www.ciceksepeti.com
https://www.shopier.com

Key Assets

Website
Social media accounts
Domain
Marketing materials
Customers
Brand

Selling Reasoning

A Proven and Profitable E-Commerce Marketplace I am the founder and CEO of this business, an e-commerce marketplace that was launched in 2015 with only $2,000. My wife and I bootstrapped the business to over $4 million in revenue without any outside investment. In 2022, we transformed the business into a marketplace, which has allowed us to grow even faster. However, due to a personal loss and health problems, I am no longer able to devote the time and energy needed to continue growing the business. I am therefore looking for a buyer who is energetic, excited, and has the vision to take Woohoobox to the next level. The business is currently profitable and has a strong track record of growth. I believe that this business has the potential to be a major player in the e-commerce marketplace space. With the right leadership, I am confident that the business can continue to grow and thrive. Thank you for your time and consideration.

Financing

This is a bootstrapped company and does not have any investor partners. The company has a total of 25K USD of debt and 78K USD of salable products. The debt is owed to a variety of lenders, including banks, credit card companies, and family members. The salable product is inventory that is ready to be shipped to customers. The business is currently profitable and does not need additional funding. However, the company may seek funding in the future if it decides to expand its operations or launch new products.

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Showcase Your Creativity on this Proven and Profitable eCommerce Marketplace

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