Back to Listings Online Sports Betting Portal - International Channels

Asking Price : $100,000

Annual Gross Revenue : $3,250,000

Annual Net Profit : $32,000

Profit Multiple : x3.13

Inventory Value: -

R-Index : 121

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From the Broker

This listing represents a lucrative subscription revenue opportunity in the exciting, fast moving online sports betting industry. This Internet Business has positioned itself comfortably in the space, offering a safe and trusted site for its 55,000 subscribers to bet on sporting events globally, taking in clients from all corners of the globe, operating from an offshore location legally and safely.

The company’s website is well-established, with 11 years of profitable operation on the books, maintaining a niche in a highly competitive segment by earning the trust of a worldwide sport betting community. Thanks to contractors providing IT support and core bookie labor, ownership is able to maintain a hands-off approach and is not required to delve deeply into the industry to maintain smooth operation.

To date, the business has focused much of their efforts on organic marketing, seeing success with little to no ad spend overall. Featuring 55,000 subscribers as of this writing, the company recently invested in an additional 200,000 new records from a data supplier, offering outbound marketing efforts a leg up moving forward. The company has also started development work on a live sporting events betting app to be completed within 4 months, which is included in the sale of the business.

Expanding the existing marketing strategy to include social media, affiliate marketing, mobile app access and more email marketing could be the boost this company needs to truly realize its maximum potential.

Business Listed by:

WebsiteClosers.com

Technology & Internet Business Brokers

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Sale Pending: No

First Seen: Thu, Jun 15th 2017

Last Updated: Thu, Jun 15th 2017


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