Sports Bar with gaming and Property - Lake County
5 gaming Machines ave $7k per month
A fun neighborhood restaurant and sports bar serving authentic pub cuisine and cold beer with plenty of wide screen tv’s & surround sound to watch your favorite teams!
Menu features handmade burgers, pizza, sandwiches, wraps, salads, wings, meat fries, fried pickles and more. Also a delicious Friday fish fry.
Fully equipped kitchen: 18ft hood, 6 burner stove with oven & flat top, pizza deck oven, char grill, 2 fryers, 3 door reach-in refrigerator, freezer, ice machine, 3 station POS and more.
Freestanding building with ample parking. $250,000 was spent in 2013 on remodeling. Boasts 7 drafts, 10 tv’s, 7ft projection tv, pool table, darts, DJ booth and 5 video gaming machines. 2015 video gaming revenue = $76,740!
Property includes over 3 acres on the lake with an area for bags and a huge beer garden.
2016 sales up 30%! In fact, sales up every year since they opened!!
Keep the current concept or make it your own.
Prime retail space on the major road running through this growing far northwest suburb.
Highly confidential listing, please do not discuss with employees or patrons.
Sports Bar - Pub - Restaurant - Eatery
SPORTS BAR - PUB - RESTAURANT - EATERY - BIG TIME MONEY MAKER
Rare opportunity to own a very attractive, high gross, high net, big time money maker, great visibility, prime location, super low rent “Tilted Kilt Pub & Eatery.”
*High Gross *High Net *High Gross Profit
*Attractive *High Visibility *Low Rent, Long Lease - Prime Location
Tilted Kilt Pub & Eatery, where good times are always on tap. That’s because it’s more than just a restaurant, and so much more than a sports bar, festive atmosphere makes us the go-to place to watch sports, enjoy a cold beer and hang out with friends. Delicious, mouth-watering menu, more than 30 draft and bottled beers to choose from and an extensive spirit selection. All this, plus year-round, nonstop pro and college sports action on all of HD Tv screens. Then let’s not forget Tilted Kilt hostesses, gorgeous and ever so friendly, eager to put a smile on your face and an ice cold beer in your hand.
Annual Gross Year 2015: $2,895,000.00
Annual NET/SDE Year 2015: $800,957.00
Please note, that an "NDA/Confidentiality Agreement" and "Proof of Funds" will be requested prior to release of ANY information.
High Gross, High Net, Super Low Rent, Long Term Lease and the name “Tilted Kilt Pub & Eatery” makes this one a rare acquisition opportunity.
Well qualified and serious buyers are invited to contact us as follows:
Mani Singh: 951.296.7646
Wasim Rahman: 909.262.0973
11 y/o Crowdfunding Site Making $550k/year
28 Million Pageviews Annually
San Francisco, CA
Established in 2005, MyFreeImplants (MFI) is a breast augmentation financing marketplace. By allowing users to crowdfund their cosmetic surgery expenses, MFI provides an alternative to expensive cosmetic surgery loans. Over the last 10 years, the business has helped almost 1,300 women achieve their goal and processed nearly $13M in transactions.
The business has had over 600,000 users and has received coverage from CNN, BBC, Colbert, NBC, ABC and more, including two different 1-hour documentaries. The sale of MFI includes 34 domains, approximately $700k cash, all social media accounts, a mailing list with 600,000 users, and an extensive customer database full of historical data.
With a quality service, an established user base, and a recognizable brand, the new owner will be ideally positioned to take this business to new heights.
MFI derives its revenue through a number of sources. The business generates revenue via a 25% service charge on all donations to models. The business also operates a three-tier monthly subscription revenue model, and the subscription levels are priced at $4.95, $9.95, and $14.95. The subscriptions give donors access to additional features like private pics, webcam video & audio streaming, and live chat. Additionally, user message credits are sold for $1.20 per credit. Lastly, the business generates interest income from the funds being held for users.
Currently, the owners spend approximately 15 hours a week running the business. This time is primarily spent managing technical development, answering advanced customer service tickets, managing finances, and marketing/media requests. The business is also serviced by 1 freelance customer service specialist and 1 freelance developer. All outsourcing costs are accounted for on the P&L.
There are several growth strategies that present very exciting opportunities for the new owner. The quickest win would be improving the business’ social media presence. An enhanced social media focus could generate more traffic and therefore customers to the platform.
The creation of a mobile app is another very promising growth opportunity because it will enhance donor/model communication and enhance user engagement. Anything that facilitates quicker communication between models & donors will boost sales. In addition, many models struggle to upload images on their mobile devices, and images also lead to higher sales.
Another growth opportunity would be to monetize the webpage via Adsense or other advertising networks. Additionally, the owner could use affiliate programs to bring more paying customers into the business.
In 2015, the business generated $195,237.51 in Interest Income. MFI has a long term arrangement with a real estate firm that pays a generous interest rate on funds the business holds in its name. While it is possible they could extend the offer to the new owner, but this is not guaranteed.
The sale of MFI includes the approximately $700,000 that is “in play” on the platform. That's money that is either in an active model account or an active donor account. Eventually this money may get paid out to a surgeon, but in the meantime, it is available to earn interest on. It’s worth noting that if both a model and a donor account go inactive any funds held in their accounts effectively increase the company’s bottom line since there is no longer an active owner. The Revenue from suspended donations is a one time adjustment on the books at the end of the year. Per the monthly statement, it is broken up into quarterly adjustments to more accurately reflect how the adjustment should happen.
Please state your full name and company name, if it’s a corporate entity selling the website
Please briefly describe the business model
Crowd-funding for boob jobs. Yes, really!
When was the business established?
How has the business evolved since it was first established?
We’ve gone through 2 major redesigns, and 1 complete platform overhaul to better handle traffic volumes. We’ve helped almost 1,300 women achieve their goal and processed nearly $13M in transactions during in the last 10 years.
Who is your typical customer?
Men with disposable income seeking online entertainment and authentic engagement with “the girl next door.”
Are you the original owner of the business? If not, when did you purchase it and how has it evolved since?
Yes, original owner.
Why is the business being sold?
Going on 11 years and I’m ready to move on and explore new opportunities. I feel like keeping MFI is preventing me from focusing on other interests.
Are there any skills / knowledge required to successfully run this business? If so, please explain.
The person/people that take over should poses good communication skills to interact with the customers and to keep them informed of any relative updates. This also includes good customer support skills. Being well organized is important to keep surgery payments on track. From a technical POV, I would recommend at least one person have some basic relational database knowledge and understand the relationships between data tables.
Please list all domain names that are included in the sale
Are there any social media accounts included in the sale? If so, please list them along with the URLs to such accounts.
http://twitter.com/myfreeimplants is the only one currently in operation, but it’s rarely used, and is basically just a cross-post from the websites blog.
Are there any mailing lists included in the sale? If so, which service providers are such lists held with and how many subscribers do they have?
We will run ad-hoc email campaigns via emailbrain.com. The entire database of users is included in the sale and includes ~600,000 accounts (200K donors, 400K models). Note: not all accounts are still active users, but there are still email-able.
Does the sale include existing customer data? If so, in which format is this provided and how extensive is the customer database?
Yes, all 11 years of data is stored in a MS SQL database and easy enough to query. We have many built-in reports that we have accumulated over the years, but with a little SQL knowledge you can build any report you can imagine. Just to give you an idea the database is 51GB in size.
TRAFFIC & MARKETING
What are the primary traffic sources of the site?
Word of mouth is huge for us. Nearly every woman that wants free implants is constantly telling her social circle to come help her reach her goal. This brings both donors and new models alike, and those new models complete the cycle – telling their social circle.
We also (still) get fairly regular media coverage, often from very big news organizations. We’ve been covered by just about every major news network including CNN, Fox News as well as local affiliates for the top networks ABC, CBS, NBC. We’ve had countless radio interviews around the world including Playboy radio (Sirius XM) multiple times. We’ve been featured on popular shows including The Colbert Report, Tyra Banks talk show, & Tonight Show with Jay Leno. Finally, we’ve had 2 hour-length documentaries that aired multiple times all across Europe, one for Virgin 1, and another for BBC.
We have been approached multiple times to film pilots for a reality TV show, none have panned out yet, but it’s a potential opportunity with the right concept & producer. We would be happy to pass along the contact info for the last producer that approached us.
Have you done any Search Engine Optimization?
Yes, we are the #1 result for “free breast implants” or “free boob job” this brings in the traffic of models who then in turn recruit donors and more models via word of mouth (see above).
To your knowledge, has the site ever received any search engine penalties (manual or algorithmic)?
No. We just recently upgraded the site to run entirely over HTTPS to comply with Google’s recommendations. For a period of about 24 hours we weren’t using the correct 301 redirect from HTTP to HTTPS, but that was resolved and everything is nominal again.
We get lots of inbound traffic from very reputable sources (see the media overview above) so our ranking is 100% whitehat.
What level of SEO effort is required for the site to maintain its current traffic levels?
Minimal. There are no other competitors in our unique space.
Do you or have you ever purchased traffic? If so, please provide a brief overview
We ran a few ad campaigns many years ago, but our margins are pretty small so we couldn’t justify the cost. Someone with more experience in this area could probably improve upon our results with better targeting and/or an affiliate program.
Do you run any other marketing campaigns, such as display advertising, social media marketing, offline advertising or anything else?
How does the site rank for related keywords?
Which payment processor(s) does the website utilize?
Please confirm that all revenue sources are transferable to the new owner
Everything with the exception of our investment revenue source. We have a long term arrangement with a real estate firm that pays us a generous interest rate on funds we hold in their name. It’s possible they would extend the offer to the next owner, but obviously I can’t guarantee it. Regardless, there are other interest bearing opportunities that will at the very least come close to matching that particular revenue source. MFI in some ways looks like a long-term escrow company so there are literally hundreds of thousands of dollars available to earn a return on.
Are you able to provide live revenue verification?
We can provide weekly credit card statement.
Is the website’s revenue kept separate from other businesses and/or personal accounts?
Yes. We have two main business checking accounts, one for model surgery payments, one for company operations. In addition, we have our investment accounts (see above).
Can the website’s revenue be accurately tracked back to the website, i.e. do payment descriptions/details include the website’s name or reference to the website’s products?
Yes. The payment description is “MFI LLC” in order to provide a level of privacy to the donors (note: this was something they requested). Everyone in the community refers to it as MFI for short so there is no ambiguity.
Please provide a brief overview of pricing and how has it evolved over the last 12 months?
There are 3 subscription levels ($4.95, $9.95, $14.95). There are message credits which sell for $1.20 each (on average). And there are donations which have a 25% service charge. The bulk of model contributions come through donations. The service charge started out at 15%, in late 2008 it was increased to 19%. Recently it was increased again to 25%
We also recently integrated bitcoin payment options, this hasn’t seen a huge uptake yet but there is an opportunity to offer a discounted bitcoin rate to increase the profit margin on donations (since you would be bypassing all credit card fees).
What is the site’s average Refund/Chargeback rate over the last 12 months? What is the primary reason for refund requests?
0%. The donors develop friendships with the people they contribute to, so we are fortunate enough to have a community that genuinely cares about helping out their friends. We also have a generous policy where donors can recycle their funds for any model that abandons her donations. This not only keep chargebacks down, but also helps with retention since donors don’t want to leave their unclaimed funds.
What are the main expenses of the business?
Owners salaries, outside developers, website hosting. All of which provide adequate opportunity to increase net profits.
What is the approximate breakdown of clients by different price levels?
If we look just as the subscription revenue model it breaks down as such:
295 users at the $14.95 level
52 at the $9.95 level
100 at the $4.95 level
As previously mentioned there are other “products” for sale. However due to the fact that donations can be of any amount between $10 and $1000, the breakdown by tiers isn’t as clear cut. If you have a special request for a specific report across donations and/or messages we can run those numbers as needed.
If necessary, do you have tax returns available to support your revenue claims?
Yes, going back all 10 years.
OPERATIONS & MAINTENANCE
How much time, on average, does it take to operate and maintain the site, per week?
Customer service spends ~20 hrs a week and handles most of the day-to-day operations. There is probably another 15 hours/week spread out among the two founders. If it were one person taking over with a decent technical background, it could easily be a one-man/woman operation with a very comfortable salary. It’s also worth pointing out that the entire business is location agnostic and can be run from just a laptop and a wifi signal.
Please list all owner’s responsibilities
One technical founder manages development and handles more advanced customer support requests as well as custom queries/reports. The other has a business background and handles financials as well as email marketing and most media requests.
Does the owner of the site need any specific skillsets in order to successfully maintain and manage the site?
Ideally they would have a basic understanding of SQL relational databases (MS-SQL in particular). ZenDesk experience would be another plus (although easy enough to learn).
How do you handle customer support and what is the average volume?
Everything routes through ZenDesk. ~500 tickets a month
Do you employ any people or use any freelancers and if so, are such contracts accounted for on the Profit & Loss Statement and transferable to the new owner?
Our current customer support person is freelance, she would probably be available to the new owners. Also we use a freelance developer. He is not aware of the sale so I’m not sure if he would transition over to the new owners or not, I would guess an 85% likelihood that he would. All contracts are accounted for in the P&L.
What platform does the website use? (e.g. WordPress, OpenCart, OSCommerce, etc.)
ASP.NET, MS-SQL, WordPress, ZenDesk
Where is the site hosted and does this need to change after purchase?
ServerIntellect. It could remain where it is, there may be some cost savings benefits to moving it to AWS (or other cloud providers), but it’s not necessary at this point.
Please describe your main competitors
No direct competitors, but you might consider any webcam site (i.e. myfreecams) an indirect competitor.
What makes the website better than its competition?
MFI focuses on building lasting friendships between the models and the donors. The average model spends ~6 months on the site trying to reach her goal so she is in constant communication with her friends/donors throughout the process. This kind of friendship is practically non-existent on cam sites . One other unique aspect is that in MFI, the women chase the men which is a very different dichotomy than most are used to. This is a very appealing aspect to our audience.
Do you own any other internet-based businesses? If so, are any of them related to the website being sold?
Are you willing to sign a 3-year non-compete contract in the industry that the website operates in?
Will you provide 1-3 months of post-sale support & training, in order to ensure that the buyer is able to fully take over the business and its operations?
Yes, provided the payment can be arranged in such a way that I am compensated for my time. If you choose to hire the freelance customer support person she would also be an asset to you during the transition.
What are the primary growth opportunities that you see for the business going forward?
A mobile app would be huge. Anything that keeps the donors and models connected is a huge win.
Improved social media marketing could bring a lot more traffic and improve customer communications/engagement.
Advertising is a relatively un-tapped market. There are lots of women with lots of available “eye-ball time” to push ads to.
Affiliate programs to bring more paying customers into the business.
Better utilization of email lists.
Localization into other languages (German & Spanish in particular) could add lots of value and reach an entirely new customer base.
Expanding to allow for surgeries other than just breast-augmentations.
PR, especially if you can get the Reality TV show off the ground.
Are there any geographical limitations to the potential buyer of the business?
No, the entire business is location-agnostic.
Do you have anything to add to the above?
MyFreeImplants is a unique business opportunity that is a real conversation starter!
eCommerce Business with $70k/yr Cash Flow, Explosive Growth
258% increase in monthly Cash Flow from April 2015 - March 2016
San Francisco, CA
We started this business as a way for us to raise money for our daughter’s medical expenses. We learned how to apply graphics to coffee mugs. Our goal when we first started was to raise $10,000 within six months. We surpassed our goal by a sizeable margin and decided to grow the business. Our store has exploded within one year of releasing. In the same amount of time we established direct partnerships with some of the largest retailers on the internet to include: Amazon, Zulily, Jane, Wayfair and others. In addition to internet retailers we have also established relationships with brick and mortar retailers that provide us with monthly orders. This is all with only putting in about 25 hours a week into the business.
Why are we selling?
This explosive growth has had the effect of requiring more of our personal time that we are able to provide with our growing family. Our family is our primary concern and as such is also a barrier to growth for our business. This business has grown faster than we could have ever imagined and as such it is in need of someone who can dedicate the time or has the resources to hire employees to handle the ever growing volume and expand on the relationships we have worked hard to build.
The following production tools and equipment will be included in the sale.
- 3 top grade presses
- 1 shirt press
- top industry printer
- heat paper
- starter inventory (mugs, wine glasses, tumblers, shirts, over gloves, towels, totes)
- vinyl cutting machine
- heat tape
- Teflon paper
+ wide array of other tools that we have used to grow our business.
We have a VERY active social presences. All our accounts have been organically grown and are social accounts have ties with other major brand accounts who push our brand via events they have and/or contests.
Designs and Artwork
All artwork will be transferred over to new owner, along with our fonts and art accounts.
Because we have spent so much time and effort building this business and establishing relationships we will ensure a warm hand off between you and our suppliers. We have invested a great deal of time to ensure our relationships are strong. We are confident that you will be happy with the vendors and their customer service and pricing.
Retail and Wholesale Accounts
We will be transferring all wholesale, retail and dropship accounts over. These include Zulily, Jane.com, Amazon Handmade, Belle Chic, Sassy Steals, Wayfair and all our physical locations.
Tradeshows and Art Fairs
This product also does very well at art fairs and trade shows. This past weekend we made $1900 at a two day show, not including the online income.
We will personally train you for 14 days on how to press, stock, order and manage our social account business partnerships and wholesale partnerships. This can be over video or we are willing to have you come to our warehouse and have a full 3 day training course.
According to other offers from flip sites and business brokers we have had our site valued anywhere from $215k all the way up to $380k due to its ability to triple its profits merely by doing advertising and requesting more Purchase Orders from wholesalers or by simply hiring a minimum wage employee to handle all operations.
1. Please briefly describe the business model
We sell high quality mugs and tumblers via eCommerce on our own site and through major retailers at wholesale.
2. When was the business established?
3. How has the business evolved since it was first established?
It started off as a way to pay for a medical bill for our daughter. It then turned into a small hobby that allowed us to go out more and travel. Then it quickly turned into a full blown business, so big we have had to deny retailers and flash sale sites.
4. Who is your typical customer?
If it is a direct sale it is middle aged stay at home mom or young professional.
5. Are you the original owner of the business? If not, when did you purchase it and how has it evolved since?
Yes, we created this from scratch ourselves.
6. Why is the business being sold?
Time. This business is not my passion. Yes it can become a half a million dollar business quite easy, but merchandise isn’t my passion, technology and my family are and this business is eating away at both of them as it grows.
7. Are you looking to sell the company (stock sale) or just the assets of the business (asset sale).
The business as a whole
Please request more information from the broker for the complete package details.
1. Does the business carry any inventory?
Yes we carry what is called blank inventory. We are a make to order system. Meaning we store large amounts of pre pressed items. Once POs and orders come in we then convert blanks to pressed items. It allows us to control the flow of best sellers and ones that sell ones and twos. We usually carry 1k of inventory when can translate into around 7k in sales.
2. Where is the business’s inventory kept?
In our home garage
3. Is it necessary for the business to keep its inventory in a particular country or a state, in order to retain the current profitability?
4. How are shipments into and out of the warehouse / storage units managed?
We hand pack each PO and single order
1. How many suppliers does the business use?
We have 4 suppliers and have a SOLID relationship with each one. We will transfer that relationship over.
2. Does the business benefit from any volume pricing arrangements?
Yes, but it is at the low scale and can be increased to get a lower price. We have a supplier right now waiting for us to make an agreement with the lower our costs $.30 per item.
3. Explain your payment terms with your supplier(s)?
We have a NET 30 option but we don’t do that. We expect people to pay us right away so we share that respect by paying our suppliers at invoice.
4. How often and through which channel do you pay your suppliers for purchased goods?
Weekly and via our dedicated sales rep
5. What is the average lead time from the day order is placed until customer receives the good.
2 to 3 days.
6. Have you changed suppliers in the past, if so, why?
We’ve only added suppliers to make sure we never have a shortage of supplies
OPERATIONS & MAINTENANCE
1. Please provide a breakdown of ownership and the organizational structure of the business.
Myself - 50%
My Wife - 50%
We pay each other 50/50 at the end of each month
2. Please provide a breakdown of the operations of your business
Here is our daily routine:
- Print out shipping labels (1 hour depending size of singles and PO orders. Can be as little as 30 mins)
- Printing graphics (20 mins)
- Printing barcode labels (if this is a large wholesale PO) - 5 mins
- Setting up blanks with graphics - 20 mins
- Pressing items - depends on size of orders. Our current setup allows us to do 60 items an hour
We on average work only 20-25 hours a week currently on business.
3. Does the owner of the site need any specific skillsets?
If they plan on doing it themselves…yes…but it is simple to learn. I’m a programmer and within 3 days I knew enough about our business that I was able to triple our production in the same amount of time just by doing the tasks after a few days.
4. How do you handle customer support and what is the average volume?
Daily and maybe a total 1 hour of time.
5. Do you employ any people or use any freelancers?
We have no employs or freelancers.
TRAFFIC & MARKETING
1. What are the primary traffic sources of the site?
Instagram, SEO, Pinterest
2. Have you done any Search Engine Optimisation?
Very little. We still show up on page one for around 90% of our product keywords
3. To your knowledge, has the site ever received any search engine penalties?
4. What level of SEO effort is required for the site to maintain its current traffic levels?
5. Do you or have you ever purchased traffic?
6. Do you run any other marketing campaigns, such as display advertising, social media marketing, offline advertising or anything else?
We boost a FB post once a week.
7. How does the site rank for related keywords?
Usually on page one of google
1. Which payment processor(s) does the website utilise?
We use shopify’s gateway and our vendor’s pay us direct deposit
2. Please confirm that all revenue sources are transferable to the new owner
Only one that isn’t is Etsy. We can transfer the NAME but not the shop. It is blinded to our tax id. The name and products we can help get them back into the top rankings. There is a way to transfer the store but it can violate etsy TOS.
3. Are you able to provide live revenue verification?
4. Is the website’s revenue kept separate from other businesses?
Business money goes into one account besides Etsy which is tired to my wife’s bank. For some reason they can never change this.
5. Can the website’s revenue be accurately tracked back to the website?
6. Please provide a brief overview of your average profit margins and how have they evolved over the last 12 months?
Average profit is now around 10k/mo. This is from an average of 3k just 6 months ago. This is due to fast growing business relationships not only went vendors but also large social media accounts.
7. What is the site’s average Refund/Return rate over the last 12 months?
I would say under 1%. 9/10 times it is due to USPS breaking a mug.
8. What are the main expenses of the business?
Main expenses is the blanks. They are about 30-35% of the revenue eaters
9. If necessary, do you have tax returns available to support your revenue claims?
For last year yes.
1. What platform does the website use?
2. Has the website changed platforms in the last 2 years?
3. Where is the site hosted and does this need to change after purchase?
We just change the owner name and banks account.
1. What makes the website better than its competition?
Selection and our 5 star reviews across all our platforms.
1. Do you own any other internet-based businesses?
2. Are you willing to sign a 3-year non-compete contract in the industry that the website operates in?
For the items we sale on the site yes. I will not be bound to not sell anything online.
3. Will you provide post-sale support & training?
I will offer a 2 week training after close of escrow and then 30 days of support being 1 hour a week.
4. What are the primary growth opportunities that you see for the business going forward?
Our current setup can make around 30 other products. We also only deal in US and have not put more than $100 a month into social media boosts, so the door for advertising is WIDE open
5. Are there any geographical limitations to the potential buyer of the business?
US seems to be the hot spot for mugs, but international growth is possible as well.