Offers Forum
Business for sale: Innovative and highly promising
madzon started this topic @ 15:02 on 09/06/2004
Business for sale: Innovative and highly promising ecommerce entertainment/gaming startup venture.
Business Overview:
Madzon(r) (www.madzon.com), an innovative concept for brand new electronics distribution, is the world's largest brand new electronic PRIZES provider (store) and is the only web site professionally dedicated to provide top brand new electronics as prizes through variety of innovative, user-attractive, totally-fair, easy-to-play, no-special-knowledge-needed but Strategy-based proprietary entertaining prize models – “uVote”, “uFind”, “uRisk”, “uGuess”, “uBid”, “uBuy” and “uTrader”. Madzon(r) has plans to file several patents for the prize models mentioned above and was planned to be headquartered in Las Vegas NV USA.
The project started out in the beginning of 2000 with extensive market research while the web site is on-line since 2001 but has never been advertised or formally launched. The site has thousands of web pages developed and lots of additional features, specifics, solutions, services, programs and tools have been added to and generally compliment and enrich the main concept. The entire project development process took us nearly 2 full years until somewhere the fall of the year of 2002 and I have invested considerable amount of resources, including but not limited to, money, time, knowledge, man power and experience up to date.
What inspired us to start our research and then form this venture, a few years ago, was the fact that over the past decade the consumers were demanding for new generations of brand new electronics distribution channels and Madzon® has planned to aggressively enter into this market niche and try to capture a dominant market share in this specific and rapidly growing category. In some aspects the placement ability is planned to exceed even the middle level of all traditional both online and "brick and mortar" shops for electronics, which is the main idea behind the entertaining business model of Madzon(r).
Madzon(r) believes the traditional shopping is no longer attractive enough for significant portion of the public and this tendency, is believed, to continue at future and that is why Madzon® keeps on researching over some of the following products acquiring models such as buy, lease, win, barter, bid, risk, rent, wholesale, trade in, buy back, get now pay later etc., in an effort to improve or at least change them in behalf of the consumers. Madzon(r) is not supposed to replace the traditional buying behaviors of the consumers, but, giving them an alternative is what it targets at all.
Reason for sale:
In November 2002 I’ve got an angel investor who has promised to back Madzon(r) up, but during the next 2003 year due to improper investments made in China by the same private investor he has backed his plans off and the funding deal for Madzon(r) has just failed and currently I am totally out of resources, capital and motivation to properly operate further and bring it to commercial operations.
Pricing details:
The price is just $20,000 which pays off only a bit of what I have personally invested in so far in terms of resources spent such as money, time, knowledge, man power and experience… and everyone who is willing to and feels him/herself capable enough to run and brand it further turning it into profitable company is welcomed for discussions. I would be happy to open a dialogue with anyone seriously interested in while I’ll be staying very flexible on the deal terms so that we would be moving ahead very quickly.
Business Plan:
All details will be revealed in the comprehensive business plan which is consisted of over 50 well written pages rich of well thought marketing, branding and globalization strategies, financial projections, as well as industry-specific information and is immediately available to interested buyers.
Support and training will be given to the new owner for a period of 90 days at no additional payments; however I would be interested to stay on after the sale if the company is well capitalized and minor equity stake is left to me as founder.
Because I may be unable to often visit this site, so to make future updates of this announcement, I have created a dedicated static page for up-to-date details regarding this sale: http://www.madzon.com/business-for-sale.php
Best Regards,
Oleg Lazarov
oleg.lazarov@madzon.com or
oleg.lazarov@usaexportimport.com or
ventures_group@hotmail.com
http://www.madzon.com
http://www.madzon.com/corporate
http://www.madzon.com/corporate/press
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