This business also maintains big B2B lists, and in some cases, this business is a reseller as it uses a third party to offer the service at very low rates. There are also iOS and Android apps. They are independent products and they use the API to provide the service. People advertise by using the platform sending B2B telecommunications in bulk. These are on a credit system basis.
Some people also purchase B2B data from this business since it has huge marketing databases in the US and Europe. Just in the US are over 28M contacts and emails of professionals. To acquire customers the business does PPC advertising, Adwords (majority), Twitter, Bing, and Facebook. The business doesn't do any aggressive acquisition at the moment.
*Though the business is complex, not that much time is needed. The Buyer must simply be semi-knowledgable about internet businesses.
*Though the Seller will sign the non-compete they will continue operating as a telecom company offering different types of services from this business.
Average Monthly Revenue: $43,645
Average Monthly Expenses: $25,774
Average Monthly Net Profit: $17,871
* We are using the last 12 months to determine the averages.
Assets Included in Sale
Included in the sale of this business are:
3 different but related custom sites, including all site content/files
4 different but related mobile apps
All social media accounts (Facebook, Twitter, Linkedin, Youtube, Google Plus)
Server rack (this can be transfered or hosted for the new owner).
The Seller currently spends around 5-10 hours per week:
Day to Day
Check with the support team if there is any big client or big request that needs attention. Everything else is managed by the team.
Take care of reports. If there are any bugs that need to be passed on to developers, they usually fix it quite fast.
Give feature lists to the developers for improvements which they execute. The business is quite mature in terms of features so a new owner can keep operating as it is or have one developer improving things and improving monetization channels.
Run reports which help with business decisions.
Reason for Sale
The Seller really wants to work on a new business. Selling will help the Seller raise cash upfront to invest in the new business and go all in.
Sale Pending: No
First Seen: Tue, Jun 12th 2018
Last Updated: Mon, Jun 18th 2018