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Cyprus | Software & SAAS | L#20220252

SaaS Online Virtual Fitting Room for large and small retailers offering Virtual Fitting Room (VFR), the online equivalent of an in-store changing room. The Virtual Fitting Room helps shoppers to understand if a particular piece of ...

TBD
TBA

Software & SAAS

€1,585,000TBD/EBITDA

Bank account in CY, no business yet, no software. Opportunities transfer money worldwide issuing e-wallets, prepaid & contactless cards transfer money including e-money from one user account to another ...

€1,585,000TBD/EBITDA
TBD

Internet Businesses


Cyprus For Sale

MergersCorp is a team of expert Cyprus’s business brokers. We have a panel of the finest Established Businesses for Sale in Cyprus. MergersCorp brings a list of established Businesses for Sale in Cyprus. Our mission is to empower businesses in acquiring the best business in Cyprus with our expert services. In today's economic era, one right move towards buying a flourishing business can be highly profitable. As a result, MergersCorp came into existence in Cyprus. With professional brokers at MergersCorp, you can find an ideal business. Further, you get connected with the right seller. Our expert brokers proffer a unique combination of strategic insight and technology. Therefore, the deal turns out beneficial for you. It's crucial to assess the right value of a business before proceeding with the paperwork. Our expertise will compute the exact value of assets and liabilities. Along with this, our team knows the importance of confidentiality in such business affairs. Our representatives will maintain secrecy for a successful transition. Whether you are looking for a buyer or a seller, our team is here to assist you in each step. Our professional team will provide the best suggestion. But the final call will always be yours. Our mission is to establish the largest business buying-selling ecosystem. Also, we aim to spread our footprint worldwide. We strive to act as a connection between investors and business owners. Join our hands for continuous expansion and growth of the economy. If you are looking for established Businesses for Sale in Cyprus, then MergersCorp is an ideal firm for you. We will bring suitable opportunities and ensure the growth of your firm.

SaaS Online Virtual Fitting Room for large and small retailers offering Virtual Fitting Room (VFR), the online equivalent of an in-store changing room. The Virtual Fitting Room helps shoppers to understand if a particular piece of clothing fits their body parameters and what size fits best. Company has already helped 10+ M shoppers. It helps clothing e-commerce to improve business metrics (LTV, retention, conversion etc.).

SaaS, which is provided:

– A self-service Virtual Fitting Room widget to be installed into e-commerce websites and/or mobile applications.

– A self-service clothing digitization cloud software that enables our customers to digitize (a set of data related to physical properties of the garment) men, women, and children’s clothing.

– A recommendation bot that looks for clothing that fits the user’s (and user’s family) body perfectly. Think of it as a (Youtube or Netflix) recommendation engine that delivers offers to users on a daily basis.

Investment Rationale

Company is a growing self-funded business based on the SaaS subscription model. The fitting room market is growing right now, especially since the pandemic COVID-19. Clients stay with service for at least 1 year, but most of them for 3-5 years. The average check depends on the size of the company. Starts from $49 a month and goes up to $3,000 a month. The service works on most European and US markets. The sales model has been worked out and is ready for scaling.

Customers

Multinational customers: ie. Decathlon, etc.
Countries: USA, UAE, Sweden, New Zealand, Germany, Norway, Switzerland, Holland, Finland, UK,Italy, France, Spain, Portugal, Turkey.
 Service is offered into 10 languages

MergersCorp M&A
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