Back to Listings Digital Products - Leading Astrology & Horoscopes Platform - c.74% Repeat Business / $7.5M Gross/Yr

Asking Price : $10,640,000

Annual Gross Revenue : $7,507,000

Annual Net Profit : $2,018,000

Profit Multiple : x5.27

Inventory Value: N/A

R-Index : 82

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From the Broker

Main Benefits

  • Diversified portfolio of four global brands in the horoscopes and astrology niche
  • Proprietary platform allowing for unique horoscopes and psychic readings
  • Clear market fit driving a 73.5% repeat customer rate and fuelling revenue CAGR of c.57.5% over 2017 to 2019
  • Impressive traffic with 68.5M annual visitors and c.176.7M page views
  • Highly capable team of 58 remote employees staying on with the business post-sale

Description

For sale is an authoritative portfolio of digital product businesses in the horoscopes and astrology niche with a 73.5% repeat customer rate.

Launched in 2016, the portfolio consists of 16 sites spread across four global brands which offer access to online psychic readings and horoscopes in 10 languages. With a proprietary platform, 1.8M active emails, and a focus on technological innovation, the portfolio has rapidly climbed in user popularity and quickly achieved product market fit.

Over the past four years, the portfolio has secured a firm foothold in the highly profitable market for horoscopes and astrological services. With the astrology services market worth an estimated $2.2 billion in the US alone, the business stands at the forefront of this lucrative niche.

The owners have built the business with scale in mind, creating a clear process, and training a fully-remote team consisting of 58 members. With a technologically robust and centralized backend, a new owner will have plenty of resources to invest in growth.

The portfolio presents a unique opportunity for a new owner to take over a well-built and diversified digital product business with a long and successful operating history, incredibly strong traffic, and plenty of opportunities to continue scaling.

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Sale Pending: No

First Seen: Wed, Feb 5th 2020

Last Updated: Wed, Feb 5th 2020


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