Back to Listings Listing #44717: Events

Asking Price : $225,287

Annual Gross Revenue : $202,243

Annual Net Profit : $90,115

Profit Multiple : x2.50

Inventory Value: N/A

R-Index : 145

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From the Broker

This listing is for a service business created in September 2016 in the events niche. The custom built site features a marketplace for team building events. The business is also the liaison between team building providers and corporate teams. Pricing is based on a negotiated commission from the vendor and a service fee from the corporate client. This business regularly works with large clients like Facebook, Google, Apple, Airbnb, and eBay. It requires minimal work from the Seller.

All traffic is organic from Google. An email list of over 4000 leads from inbound requests has been segmented but not monetized. This is an opportunity for the Buyer to pursue. Content is outsourced to the team building vendors. A contractor has worked with the Seller since the beginning and is looking forward to continuing with the new owner.

The business is primarily focused on three main US locations. Focusing further within these three areas and expanding the footprint is still an option as there is room to grow. The business is also scalable across the US and could potentially be franchised down the line.

*This is a cyclical business with January and February being low income months. The Seller chose to keep the contractor working full time to work on other parts of the business during these months. It is up to the Buyer whether they would like to continue doing that.

Site Highlights

Average Monthly Revenue: $16,854

Average Monthly Expenses: $9,344

Average Monthly Net Profit: $7,510

* We are using the last 12 months to determine the averages.

Assets Included in Sale

Included in the sale of this business are:

  • Primary domain & all site content/files
  • Social Media accounts
  • Email list
  • Employee relationship
  • Vendor relationships

Work/Skills Required

The Seller currently spends around 1-2 hours per week:

  • Meeting w/ employee
  • Decision making on which vendors to bring on board
  • Editing newsletter
  • Checking analytics
  • Quarterly SEO audit

Reason for Sale

The Seller is exploring relocation options.

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Listed By

Sale Pending: No

First Seen: Mon, Sep 10th 2018

Last Updated: Thu, Feb 14th 2019

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