15 Year Old Web Application, 15M Visits per Month, 2M+ Members

San Francisco, CA (San Mateo County) (Relocatable)

Seller Financing Available
15 Year Old Web Application, 15M Visits per Month, 2M+ Members
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Asking Price: Get Financing: $3,000,000

Cash Flow: $739,000

Gross Revenue: $742,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2002

15 Year Old Web Application, 15M Visits per Month, 2M+ Members

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Business Description

For sale is a popular website started in 2002 that allows users to share information online. It was the first of its kind and is still the most popular and most used. It has averaged 15M visits per month for the last 4 years and has over 2M registered users.

Revenue has grown from $480,000, $560,000, to $742,000 in the last 3 twelve month periods. Recurring revenue from monthly pro membership payments made up over 25% of the total revenue in the last year. This continues to grow.

Detailed Information

Employees:
1
Facilities:
Domain(s), website files, images, content, email lists, social media profiles, ad network accounts and/or manager relationships, etc. will be transferred in this sale. For full list, please contact us. (Home Based)
Competition:
This is the number 1 app in it's category. Numerous others exist but it's the longest running, most trusted, and most well known.
Growth & Expansion:
Numerous growth opportunities exist as detailed in the seller Q+A available upon request.
Financing:
Portion of consideration as seller note, holdback, or earnout
Support & Training:
Seller will be available to assist new owner for a total of 30 days post sale. Terms to be negotiated.
Reason for Selling:
Ready to move onto other interests after running for last 7 years.
Home-Based:
This business is Home-Based
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Contact the Seller

(from currently available funds)
 
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Ryan Sorensen

Business Listed By:
Ryan Sorensen

Acquisitionstation.com

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