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BUSINESS REFERENCE : CQ102 / RightBiz INTERNET BASED SINGLES WEBSITE & DATING AGENCY | | | | | | Internet Based Singles Website & Dating Agency Confidentially offered for sale Ref No: CQ102 Location: Internet Based Asking Price: £70,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £70000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This business was founded in 1998 by the current owner with a generous combination of innovative insight and entrepreneurial spirit and has grown since to become a significant international enterprise with a reputation for the quality of people registered and joining, several of whom come back many times as and when, relationships finish. They also introduce friends and colleagues on a regular basis.
As an internet based business it provides an excellent lifestyle income that can be worked on a full or part time basis, to suit the owner. The current owner has been operating on a part time basis, but to a very high standard, attracting the upper end of professional clients, internationally. Because of the nature of the business there are virtually no costs involved in running the business, nor is there much in the way of overheads, making it very much a cash positive business with tremendous potential.
Due to the part time basis the owner has been operating means that a new owner, focussing entirely on this business, there is a huge growth potential for the future that can be easily and quickly maximised.
The business operates on a free to join basis, thus ensuring a constant stream of new applicants. Full profiles and photo’s are available for the members to view at all times.
However, once they wish to communicate with other members, they need to pay for the portal contact service provided by the company. The initial contact can only be effected through the agency at a weekly or yearly fee. Once the initial contact has been made through the agency the members are free to continue using this to contact each other, or new contacts, or they can exchange direct contact details.
With an excellent reputation, top class clients, established and exceptional company name and domain name, this is an opportunity to purchase a home run internet business with loads of potential to grow, not just the business, but also profits and income. This will make a great full time income, for just part time work that can be worked from anywhere in the world. Included in the purchase price is the business name, the domain name, an exceptional website, client base of approximately 16,000 and the server, plus all the handover and help needed to generate even greater profits.
Key Strengths:
With high quality branding and consistent exposure the business is established and profitable, well known internationally and has a strong, growing customer base managed by a comprehensive blend of operations management. The business retains a high level of repeat business, particularly among a number of customers returning on a regular basis and who have done so for some time.
A primary strength of this business is both its domain and business name, making it instantly memorable and recognisable.
The company has earned an outstanding reputation within the singles dating market, attracting the upper end of business people and professionals, internationally. Those too busy to meet company, but who have the money and access to technology to make the internet one of their first ports of call.
Growth and Expansion:
With more targeted marketing the business could easily acquire an even larger slice of the market and further exploit the full commercial potential of the business. The market is buoyant and the business is ideally positioned to take full advantage of this with continued growth expected.
The Company maintains an extensive base of satisfied customers, membership continues to grow, and with additional advertising and further promotion within the appropriate market sectors, would offer this financially attractive business even more upside potential.
Key Opportunities:
This is an outstanding opportunity to build on the existing business levels and customer base of this company. With a strong demand for this business's products, combined with a capacity to increase turnover, a new owner contributing fresh ideas will have every advantage of building on an excellent platform.
This business maintains an extensive base of satisfied customers, who appreciate this business's superior service. There are many excellent avenues for growth, especially with investment in marketing, including advertising, will produce an ever greater number of members.
Advertising and Marketing:
The business has used little advertising in the past, so there are excellent opportunities to increase this activity, developing the name so that with the right amount of input into sales and marketing the business more aggressively, turnover will increase significantly. With the only marketing through Google currently, there remains great scope for future marketing and growth.
Equipment:
The server and all names associated with the business are included in the sale price.
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The business is financially stable with no borrowings, low overheads and positive cash flow, enjoys extremely strong membership base and has shown consistent growth over the years of trading.
Current net profit is circa £50,000 per annum, showing an early return on investment and offering superb opportunity to increase this significantly.
Reason for Sale:
The owner has only ever used this as a part time income but it has now grown to the point where more time is needed to operate the business properly, time which due to other business commitments the owner does not have.
Support and Training:
Full support and training will be provided to the successful purchaser. | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | CQ102 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
