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Listing Id: 26450 Last Refreshed: 15/11/2022 1994 Views

Doors opened for Distributors! ONLY selecting 3 suitable fit.

Expired
Asking Price S$50,000
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$7,000

Business Operations & Assets

Staff
30 Employee
Owner Role
Full Time
Premise Type
Commercial Street
Premise Size
7000 sqft / 650 sqm

Business Details

Reason For Sale

Looking for Distributors in Singapore

Description

Dear Potential Distributor,
Aivo is a company that is bootstrapped since inception and we have been in business for the last 2.5 years. We are the first mover for this technology in Singapore and we are currently approved vendor on a few major insurers(this would mean users on these companies have reimbursement packages thus making it an easy sell of our products)and our clientele spans across all sales industries(i.e Insurance, Property, Credit companies, loan broker etc)and we are currently opening up our doors to the local business because our solutions have been approved under EDG, Enhanced Development Grant which also calls for the need for a 3 more Distributors to hop onboard now.Company has projected a 1000-2000% growth in revenue over the next 2 years from the current business as well as the new vertical which we are already seeing vast onboarding for new clients in the new market (local businesses) with EDG grant support (up to 80% support) for the clients.
Our aim over the next 2 yearsis to bring the company up 10-20 folds from where we are now.
We will be opening up 3 slotsfor new distributors to join us.
Mass market (approx $800-1300 profit per account / month (recurring profits on active accounts) )1) Insurance Agents (20,000 licensed agents)2) Property Agents (25,000 - 30,000 agents)
3) OTHER sales related brokers i.e Loans, Mortgage, Services (Unknown)
SME / Local businesses Market (approx $10,800 - $32,400 profit per company for 1 year package (U.p 3 Bots) )4) Locally registered businesses that have a need for Lead Generation / Instalment reminder / Service Updates / 24/7 Customer Hotline.
Currently, as of this post, we already have 15 new applications from local companies pending within a span of 2 weeks. The projected revenue from these 15 is approximately $1,360,000.
Sales Team BuildingEach inhouse sales staff has a KPI to meet each month. Each Sales staff should comfortably bring in $23,200in profits each month.- SME business (2 AIs x 12 months)- Mass Market accounts (2 AIs x 3 months)
Approved VendorWe are approved vendor in different companies
largely because we have met their standards in
terms of quality and pricing, and these
companies have authorized purchasing agents
and others within the company structure to
place orders that comes with reimbursements (up to 100%) as and when our service is required. Thus making our solution an easy sell.
Approved SolutionsOur product has been approved under the Government's grant for up to 80% reimbursements for local companies. There are 400,000 registered businesses in Singapore. This is one of the reasons we decided to open our doors to Distributors to join us in this exciting business.
Potential of businessThe potential of this business is boundless. As this cutting-edge technology is unique and the solution generates revenue for users, it forms an essential part of any business. Customer acquisition is the core pillar for any business to sustain and thrive. Thus, adoption of this technology is only a question of affordability.
Expansion plansWe are already in talks with potential distributors in the said regions. With your onboarding as a Distributor, you can extend your services to other regions we are in.
ProfitabilityWe have been profitable over the last 2.5 years and throughout covid. You do not need to take on the risk of a new business idea, thus this is a rare opportunity for you to join the franchise that has a strong proven track.

Conclusion
If you think you have what it takes, drop me a mail and we will be in touch.

Cedric@aivo.asia
92324242 (WhatsApp)

Initial Deployment for AI inventory is $50,000.

Thank you for your time.
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