Back to Listings $10.2K Per Month Service Site in the Education Niche

Asking Price : $148,577

Annual Gross Revenue : $121,968

Annual Net Profit : $57,516

Profit Multiple : x2.58

Inventory Value: N/A

R-Index : 141

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From the Broker

This listing is for a service and subscription business created in January 2015 in the education niche. The custom-built site aims to help students prepare for college in the US and UK. The business earns revenue from three different subscription tiers. There is a team in place included in the sale.

The primary source of traffic is direct, with the US and UK combined accounting for about 50% of the traffic. New clients are gained via word of mouth and Facebook ads. The Seller runs lead generation ads on Facebook, sharing content in exchange for an email address. The potential customers are then put in an automated email sequence. The email list has about 650 subscribers and it is also used for monthly newsletters. In addition to the Facebook account, there are also LinkedIn, Instagram, and Twitter accounts, though they aren’t important to the business.

The Seller spends about 35 hours per week on this business, though this could easily be reduced. They create content, manage the Facebook and email marketing, provide customer support, and work to develop relationships with potential partners. There are two employees — one works to grow the business in other European markets, while the other works to improve the software. These employees could take on more responsibilities to lower the Buyer’s involvement.

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Sale Pending: No

First Seen: Mon, Apr 1st 2019

Last Updated: Tue, Jul 30th 2019


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