auction listing urls: http://marketplace.sitepoint.com/auctions/43378
estimated purchase price: $200,000 (min bid is 400k)
BIN: $677,000
slots: 20
each slot: $10,000
Organizer: tbd
Webmaster: tbd
Pledges Remaining: 0
PledgeList:
WaitList:
established date: 2006-10-30
email list count:
alexa:
compete: uv
monthly uniques: 1,033
monthly gross: $19,500
monthly net: $
status:
details:
Over $19,500.00 Every Month In Hands-Off Recurring Revenue
Established Business
Patent-Pending Web-Based Marketing Technology For Niche Market
Page views/month: 2,644
Google Pagerank: 2
Listed: Sat Aug 16 2008
Description:
For sale here is a full-blown, established web business that generates over $19,500.00 of revenue each month on virtual autopilot with about an 87% profit-margin.
Currently, our customers pay on average $129.00 a month to continue to use our online marketing technology within their business.
We designed a niche-specific web-based marketing system that uses pre-done video, audio, email, and website technology to do all of the online marketing activities for our customers.
The service the site provides is driven by our patent-pending web-based software technology, which allows it to work on autopilot for both our company and our customers.
As well, because the service being delivered is all web-based, the profit margin is astronomical.
We have a tested and proven marketing and
sales funnel, including an
extensive set of opt-in pages,
Google Adwords ads,
offline print ads, as well as an
opt-in prospect list of over 4500.
Currently, we generate over 450 new, ultra-targeted prospect opt-in leads every month.
We have over 1100 distributed articles online, and have
several #1 rankings in Google for our product name, as well as other main keyword phrases.
I am selling this business because I just launched a brand new company that I want to focus all of my attention on.
This new company really taps into my passion, and the company I don't want anything else to take away from that.
I believe that with a new owner, solely focused on this company, revenue could easily double within 3 months. This is easily a $750,000.00 a year business, for the right owner, if not more.
Revenue Details:
Our customers pay a monthly fee (average of $129.00) to continue to use our online marketing website system to grow their own businesses.
Traffic Details:
We generate ultra-targeted, niche traffic for our service that comes
mainly from PPC, with a minor percentage from organic listings.
We operate with approximately a
38% conversion rate on traffic into leads, with a
9% conversion of leads into customers.
Each new customer pays $299.00 to get started, and then $199.00 per month.
Since the owner is asking a 20x monthly multiple, it may be best to approach him after the auction expires if there are no bid.
this niche looks lucrative
20x multiple is risky because it's hard to predict the marketplace that far in advance. eg: someone else could come in and offer something twice as good for half the price.
Pro:
this niche looks lucrative
Con:
20x multiple is risky because it's hard to predict the marketplace that far in advance. eg: someone else could come in and offer something twice as good for half the price.
