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13 Year Old B2B Online Printing Service Platform

Seoul, South Korea
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    13 Year Old B2B Online Printing Service Platform

    Asking Price:

    $1,350,000

    Gross Revenue

    $1,000,000

    EBITDA

    $250,000

    Established

    2006

    Property ID:

    L#20210055

    Country

    South Korea

    City:

    Seoul

    Description

    Printing can be categorized into different products including magazine, catalog, book, label and industrial prints of all kinds. 
 This business runs a platform that specializes book printing of all types such as magazine, catalog, etc. Printing orders range from hundred copies to thousand copies therefore operated as a B2B form of business. Price per order can vary from thousand to million dollars.

    Such type of business system company adopts is often referred to as “online printing” business. Business features a very distinctive service; an automatic online quote generating system for customers to calculate printing prices on their own. Customers can choose their printing options and specifications, upload files, and complete payment to see a generated quote before order. Business team then proceeds to printing and handles all procedures from printing to delivery with contracted printing factories and freight companies.

    Printing price is determined by factors such as binding, size, paper type, page, colour, and quantity of projects that differ depending on the need and demand of customers. Unlike standard papers used for office and day-to-day purposes by kinkos, industrial printing papers often come in full sizes. Such full sized papers are to be managed to fit multiple pages for printing hence complicated to generate prices. Additionally, there are more variances for printing demands such as special after effects (foil stamping, embossing, etc) and change of paper, size, color for covers and texts. Developing an automatic calculating system that generate printing quotes involves complicated process therefore.

    This company is a company based in South Korea, it has been in the printing industry from customers across countries for the past 10 years. Heavily specialized in dealing with customers in the United States, over 99% of the orders came from customers in the United States. Since 2017, the company has spent over 2 years inventing a creative in-depth quoting system to be used for a launch of a sub-brands.

    Business Model

    The company offer service with an online platform connecting Printing factories with customers. Print on demand service with no storage spaces required.

    Printing Services

    • Magazine
    • Catalog
    • Periodicals
    • Publishing Books
    • Comic book
    • Cook book
    • Manuals
    • Textbook
    • Book printing of all kinds

    Direct Mailing

    • Delivery service via USPS
    • Selected printing factories handle all processes

    Profit

    • Prices for printing services : can vary from thousand dollars to million dollars
    • Net-Profit : 20-30% of selling prices of our printing services

    Detail

    Updated on April 10, 2021 at 10:54 am

    Property ID:L#20210055
    Property Type:Internet Businesses
    Property Status:For Sale
    Asking Price: $1,350,000
    Gross Revenue:$1,000,000
    EBITDA:$250,000
    Established:2006
    Business Description:Company generates profits from the differences between the payment from print buyers and payment of production/printing fee from printing factories.
    Facilities:100% Online Business Model
    Competition:Vistaprint, GotPrint, MOO, Snapfish, CanvasPop, Minted, Zazzle.
    Support & Training:6 Months
    Reason for Selling:New Venture
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