Confidential overview for Favorit Auto

AutoPark

This material sets out the partnership proposal for AutoPark: a digital platform for used-car sales in Albania (web, API and mobile app). General Software Solutions Albania (gss.al) takes responsibility for product development and technical operations, while Favorit Auto takes on growth and market presence. The goal is a clear basis for cooperation before final legal documents are drafted.

50% equity · €30,000 capital Three instalments Platform ready for launch

At a glance

What we already have

A complete platform for the online used-car market, built and tested over about two years. It includes structured inventory, tools for sellers, analytics and AI-assisted features. The hardest technical work is done. What we need now is liquidity and a strong market presence.

What this proposal offers

The offer is straightforward: 50% ownership in AutoPark in return for €30,000, paid in three €10,000 instalments, each tied to clear objectives. GSS will continue to manage software development and technical operations. Favorit Auto will lead marketing, seller recruitment and field activity. Every detail can be discussed and adjusted during the talks, together with counsel.

The figures below are planning estimates for discussion. Economic details will be set in the final agreements.

What GSS brings

We have invested about two years of focused work to build and simplify the whole system: the website, the API, the mobile apps and the infrastructure. Our internal view of that investment is above €100,000. GSS will continue to cover all technical costs: servers, security, updates and ongoing product development. The €30,000 is there to accelerate commercial growth, not to reimburse past development spend.

Division of responsibilities

GSS (gss.al)

Technology and platform operations

  • Product development, updates and quality
  • Servers, database, storage and CDN
  • Integrations with third-party services (including AI)
  • Security, compliance and incident management

GSS also provides

  • Card payments automation: Visa and Mastercard through Stripe or through local payment APIs, depending on technical fit, cost and regulatory compliance.
  • Marketing automation, integrations and campaign optimisation: integrations with marketing channels (for example pixels, transactional email, CRM), automation and measurement to improve campaign performance.

Favorit Auto

Marketing and market growth

  • Advertising campaigns and marketing budget
  • Seller recruitment, field visits and partnerships
  • Branding, public relations and events
  • Budget management for promotional activity

Example: about €8,000 per month and who funds what

Balanced split: about €4,000 per side according to roles.

Ownership structure

After the full €30,000 is paid and agreements are signed, ownership will be 50% GSS and 50% Favorit Auto. Exact details (vesting, ESOP, etc.) will be set by counsel.

€30,000 in three instalments

First instalment

€10,000 upfront payment

Paid after the agreements are signed. Used for marketing preparation and legal formalisation.

€10,000

Second instalment

€10,000 when the platform is live

Paid when AutoPark is open and usable for sellers and buyers (a working product for users, not a stock-market “going public” event). Exact wording in the contract.

€10,000

Third instalment

€10,000 when we reach 100 active paying sellers

Paid when the platform has one hundred sellers on active paid subscriptions.

€10,000

How we earn revenue

Revenue is expected from three main sources: monthly seller subscriptions, in-platform ads and boosts, and premium AI-assisted services. The charted example assumes about €50 per month per subscription on average.

Subscription revenue

€50 × number of sellers

Revenue mix (example)

About 100 to 120 sellers → roughly €8,000 per month

Source How Notes
Subscriptions Showroom / Dealer / Group packages Fixed monthly billing in ALL.
Ads and boosts Spotlight, bump, premium packs Credits for better placement.
AI services Auto descriptions, price hints, photo help Lower cost thanks to efficient model choices.

Spend and growth

Monthly spend may reach about €8,000 once the model is steady. About half goes to technical development (covered by GSS), about half to marketing (mainly by Favorit Auto).

Phase 1-2

0 to 100 sellers: keep spend low and test seller activation.

Phase 3

100 to 150 sellers: revenue approaches the spend level.

Phase 4-5

Above 150 sellers: growth and reinvestment of profit.

Growth objectives

Balance point

~€8,000

per month with about 100 to 120 active sellers.

300 sellers

€22-24,000

per month, net profit after expenses.

600 sellers

€40-45,000

per month, upper potential in the Albanian market.

Timelines

  • 4-9 months Reaching the balance point, depending on recruitment pace.
  • 9-14 months Investment payback in the base scenario.
  • 12-18 months Sustainable profitability if the market responds well.

Main risks

Next steps

  1. Sign the NDA and get access to the data room (demo, architecture, statistics).
  2. Draft the main terms: 50% ownership, payments, division of roles and decision rights.
  3. Legal structuring of the company and transfer of intellectual property.

Prepared for Favorit Auto. Technical development: General Software Solutions Albania · gss.al

Terms and conditions (outline)

This section is a framework for negotiation. It creates no legal duty until final documents are signed. Counsel will turn these points into full agreements.

1. Nature of this document

This material is only an invitation to talk. Reading or discussing it does not create a partnership, obligation or employment until a binding agreement is signed.

2. Risk management

  • Business risk is shared in proportion to shareholding, unless a separate agreement says otherwise.
  • No guarantee of revenue, seller count or dates. All projections are illustrative only.
  • Responsibility stays with each side for its own activity (technology versus marketing).
  • Data security is handled under GSS standards, with detail to be set in a schedule.

3. Rules for selling shares

  • Right of first refusal: shares are offered first to the company or to the other partner.
  • Tag-along and drag-along: protection for large or required sales.
  • Valuation by an independent expert or a pre-agreed formula.

4. Ending the deal and unforeseen events

  • Termination for serious breach after notice and a cure period.
  • A mechanism for decision deadlock (mediation or sale).
  • Force majeure, insolvency or legal change.

5. Confidentiality and governing law

All shared information remains confidential. Governing law and dispute resolution will be set by counsel in line with both sides’ interests.