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Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Patented Mobile Couponing App Business

Location  New York,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2011
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Reason for Sale  Looking for a strategic partner for up to a 40% stake.
Description  The company has developed and patented a smart phone app and system that makes coupons easy for consumers, painless for retailers, and powerful for manufacturers. The consumer scans the product's barcode in the store and the manufacturer offers a discount. The company's mobile integrated technology uniquely and precisely measures individual shopper behavior (to individual product precision) and can gauge degrees of brand/product loyalties, price sensitivity, and the precise price threshold to trigger a different purchase. The system enables manufacturers to use each shopper's personal behavior heuristics in real time to actively compete for sales at the precise moment the shopper is making a buying decision in the store with product in hand. The patented technology is currently fully prototyped with controlled scale live trials completed. It will be live in on regional grocery stores beginning 2/13. The company can continue to grow organically but would prefer to add a strategic partner and to assist in taking it to the next level. Broker will provide website to see demonstration. Selling Price: $2.5m. For more information, please contact Russell Miller at 908-928-0088.
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