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2017 Established Profitable Prize Competition Platform in Lambeth London, 120K Customers, 372% Growth Rate

Lambeth, London
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ESTABLISHED, SCALABLE AND PROFITABLE PRIZE  COMPETITION PLATFORM, FOUNDED IN 2017 Photo 1
ESTABLISHED, SCALABLE AND PROFITABLE PRIZE  COMPETITION PLATFORM, FOUNDED IN 2017 Photo 2
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ESTABLISHED, SCALABLE AND PROFITABLE PRIZE  COMPETITION PLATFORM, FOUNDED IN 2017ESTABLISHED, SCALABLE AND PROFITABLE PRIZE  COMPETITION PLATFORM, FOUNDED IN 2017
  • Status

    FOR SALE

  • Date Submitted:

    10/07/24

  • Advert ID

    614160

  • Reference

    161418 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £1,300,000 (£25,000 Per week)
  • Net Profit: Not Applicable

Business Details

ESTABLISHED, SCALABLE AND PROFITABLE PRIZE COMPETITION PLATFORM, FOUNDED IN 2017

London. Generated >£5m in revenue since seed investment £267k in 2018. Achieved sustained return on ad spend since launch of ~300% Year on year active customer growth of +197%, revenue growth +372% Launch the third revenue stream, subscriptions, May 2023 now represent ~20% of monthly revenue Awarded over £1.5m in prizes and generated £250k for charities 120k strong dedicated customer base, >18k Instagram, >10k Facebook Strong customer endorsement with >5.5k Trustpilot reviews, rated Excellent 4.5 stars Granted EIS Advanced Assurance. Offers invited.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'ESTABLISHED, SCALABLE AND PROFITABLE PRIZE COMPETITION PLATFORM, FOUNDED IN 2017 - 161418 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.