Back to Listings Advertising - Video Games - $74K net/mo

Asking Price : $2,250,000

Annual Gross Revenue : $952,000

Annual Net Profit : $892,000

Profit Multiple : x2.52

Inventory Value: -

R-Index : 144

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From the Broker

Main Benefits

  • 18% compound monthly growth rate
  • $74K net/mo for trailing three months
  • 13 Facebook pages with 14 million likes
  • 8.7M average monthly visitors in the trailing three months
  • 90% net margin

Description

Established in late 2015, the website has rocketed to success through the deployment of a Facebook-first strategy. The sale includes 13 Facebook pages with a combined total of over 14 million likes.

By focusing on console gaming, this network has organically grown to become one of, if not the, largest social media gaming networks in existence. The website has generated over 144 million page views over the last 12 months, propelling the site to a top 2,500 global Alexa spot.

A great team of part-time contractors has underpinned the network’s impressive growth. Two writers, three social media managers, and a video creator each work two hours per day creating content and engaging users. The three owners currently spend a total of fifteen hours per week editing content and managing various aspects of the business.

The company's social gaming network is well-suited for a new owner looking to add to an existing entertainment portfolio or break into the highly profitable video gaming space. With explosive growth to this point, a new owner will have multiple opportunities for expansion both on and off of social media.

* Revenue and profit figures are annualized on a L3M basis.

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Sale Pending: No

First Seen: Fri, Jan 13th 2017

Last Updated: Tue, Apr 25th 2017


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