For sale is a digital training course and publishing business that revolves around producing and distributing digital training and services. They create online educational content and sell it to clients via various platforms. Thus far they have managed to acquire an audience of 460,000 students over their 2+ years of history. Also included is their popular YouTube channel.
Freelancers design, create and produce educational content. The set up is such that 100% of products manage to produce an ROI on all the money that was invested into the production of the content (normally less than one month if all goes well). Since the products are digital, it can be sold indefinitely and the profits from a single product are used to finance the production of additional products. The business model is entirely self sufficient and the creation of new content is financed via the sales of current products. At the moment all that is required is to manage the existing pool of freelancers producing the content. This means that tasks and deadlines need to be set and payments made which takes up to 4 hours a day on average.
A single freelancer can produce 1-2 courses per a month. They require all content producers to deliver just one course per a month as they feel it delivers higher quality results and lower expenses since they can work at their leisure. The beauty of the set up is that all of the products from the freelancers end up earning enough to pay a monthly salary to the freelancers and make a profit on top of that.
Highlights & Key Assets:
– High quality products & proven freelancers who are able to produce the unique content ongoing with minimal supervision
– Strong customer loyalty – all of the current customers are also repeat customers as they continue to purchase updated material and new content
– Time commitment is about 4 hours per a day
– Annual growth and large customer pool
– Content sales and distribution accounts for Stackskills and Udemy
– Virtual business – can be run from anywhere with an internet connection
– Enormous market place with no shortage of clients
Support and Training Period:
Owner will provide transition, training and support as needed for up to 6 months (longer if desired). The team will remain in place for a new owner if desired.
Reason For Selling:
The business has been built up from scratch and it has grown year after year. After three years of continuous growth, with growth predicted for the foreseeable future, the owner feels the business is positioned well for a new owner to step in and take it to the next level. Also, the owner has bought a good share of a start up that they plan to build up from scratch. On top of that, there is another project that deals with the development of an AI to which they are devoting a considerable amount of their time at the moment. They are looking to free up their time and some capital with the sale of this business.
Sale Pending: No
First Seen: Thu, Apr 5th 2018
Last Updated: Sat, Nov 10th 2018