Back to Listings Online Freelancing Platform for Writers & Content Developers - Website & App - Strong Growth

Asking Price : $3,895,000

Annual Gross Revenue : $4,013,760

Annual Net Profit : $1,180,330

Profit Multiple : x3.30

Inventory Value: -

R-Index : 116

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From the Broker

The target is a Freelancing Platform website, catering specifically to online writing labor and content development professionals. This Internet Service is a one stop destination for writers of all methods and verticals, offering job listings, training materials and a selection of tools to help writers manage and share their work. And for those business owners looking to get matched with and hire a writer, the platform has powerful, proprietary tools to ensure the work received is always high quality. A great value proposition presented by this company is the built-in document editors that perform over 2,000 grammar, style and readability checks to help ensure a high quality of output at all times.

The website contains portals for clients and freelancers by way of a customer-facing, easy-to-use website. There is also a proprietary, in-house-developed mobile app that offers freelancers a variety of online educational tools geared towards improving their trade, which synergistically feeds revenue by providing subscribing freelancers with as many tools as possible to offer clients the highest quality content. Catering to beginners and pros alike, this exciting Internet Company offers core memberships, coaching bundles, freelance writing tool-kits and video courses, alongside the core underlying matchmaking platform.

Client purchases average $65 per order and there is an average of 350 NEW SUBSCRIBERS PER DAY! This freelancing platform is realizing tremendous user base growth and shows no signs of stopping - showing well over 40,500 users annually based on current run rate. Since inception, this business has seen substantial growth with little to no marketing investment in terms of PPC, SEO or Social. Focused on a highly trendy and consistently-salient service industry borne of the digital age, this space continues to grow organically as more and more clients of all sizes turn to on-demand contract work to achieve higher quality-to-labor cost ratios thanks to the availability of platforms such as this.

Thanks to almost total automation in the platform's underpinning foundation, ownership is able to focus on growth strategies and making the platform better and more user friendly. There are many additional opportunities for revenue growth and user experience add-ons. This is a perfect opportunity for a serial entrepreneur looking to experiment with something new, and genuinely move the needle in one of the most in-demand and nascent spaces online today, or for a group already in the Freelancing or B2B space that wants to take a high growth company to the next level.

Depending entirely on on-demand remote contract labor for development and support, this opportunity can be operated anywhere in the world with just an internet connection, making it completely turn-key and easy-to-transition in every regard. This organically grown business comes complete with over 219,000 email subscribers - new ownership will realize instant growth at the push of a button with even the most cursory paid advertising efforts and comprehensive search optimization campaigns. Seeing an average daily visitor rate of over 6,900 unique hits to its website, this business is ripe and ready for expansion in any number of directions, including international avenues, to name one of the most obvious opportunities.

Current ownership points out that the most natural additions to the platform for new ownership initially will be to expand the service package lineup by adding tier level subscriptions, growing course library content, charging to post jobs, charging writers for profile building services, adding coaching/editing services and offering additional educational platforms. This automated profit center is in a category all to itself; its value proposition speaks for itself and is most certainly an opportunity not to be missed.

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Sale Pending: No

First Seen: Wed, Mar 6th 2019

Last Updated: Wed, Mar 6th 2019


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