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Asking Price : $2,500,000

Annual Gross Revenue : $2,025,790

Annual Net Profit : $800,161

Profit Multiple : x3.12

Inventory Value: N/A

R-Index : 121

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From the Broker

For sale is an SBA loan approved portfolio of web assets including content sites and an internationally recognized daily deals site. The daily deals site was founded in 2010 and is the portfolio’s primary income stream. It quickly gained recognition in design and development communities around the world for being the first daily deals site to specialize in the promotion of web design and development products and services. The owners took advantage of this market position and have used the last 8 years to grow the business into a recognizable brand with an extensive customer base. The other sites publish design and development related news to a burgeoning community of web entrepreneurs.

The owners spend a combined 20-24 hours a week working on the business. Owner responsibilities include administration, vendor/business development, bookkeeping, and contractor oversight. The remaining tasks are delegated to 8 contractors, who handle customer services, marketing, ad writing, graphic design and development. The trained staff should make the transition relatively seamless.

The turnkey portfolio presents a number of untapped opportunities for its future acquirer to exploit. The package includes 10 websites, 7.7 million annual users, millions of active email subscribers and a large social media following.

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Sale Pending: Yes

First Seen: Fri, Jun 1st 2018

Last Updated: Thu, Jul 11th 2019

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