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New Business For Sale: eCommerce Fitness monthly subscription service
October 13, 2020 by Steve Lukes
Steve Lukes just launched a new listing: eCommerce Fitness monthly subscription service eCommerce Fitness monthly subscription service Asking: Call • Gross: $2,400,000 • Net: $400,000 A 6 year old branded eCommerce company offering a functional fitness subscription box service to over 7,000 customers. The contents of the monthly box are fitness apparel items, fitness supplements and small workout equipment. They procure these items from various manufacturers, box them up and ship to their customers. The business offers consumers a convenient and fun way to discover new products and brands that complement and elevate their functional fitness lifestyle. 15% revenue growth expected in 2020 7,300 monthly subscribers and growing 89.9% customer retention rate in Q3 2020, up from 85.4% in Q3 2019 Two owners focus on strategy, operations and partnerships One of the owner's wife works part-time on marketing
New Business For Sale: 18 year old Marketing Agency (public sector focus)
September 02, 2020 by Steve Lukes
Steve Lukes just launched a new listing: 18 year old Marketing Agency (public sector focus) 18 year old Marketing Agency (public sector focus) Asking: $3,200,000 • Gross: $1,464,531 • Net: $794,714 An 18 year old Marketing and Communications Agency offering strategic marketing, communication plans, brand strategies, social media, public relations, website development, and print and digital media. The company is operated in a virtual environment servicing their public sector clients. Fiscal calendar is May 1st to April 30th Currently performing well in their current fiscal with year with 1.2M in contracts closed, with 72% being repeat or referral customers Another 495K in contract value currently has a 95% chance of closing in this current fiscal year 95% of client base is repeating or referral business Current owner spends about 60% of their work week time on this business Owner has outlined in an available CIM 5 trends in this space that present growth opportunities
New Business For Sale: 18 yr SaaS/Relocatable/Professional Development
July 14, 2020 by Steve Lukes
Steve Lukes just launched a new listing: 18 yr SaaS/Relocatable/Professional Development 18 yr SaaS/Relocatable/Professional Development Asking: $3,000,000 • Gross: $ • Net: $650,308 Overview This company is operated in a virtual environment. A B2B Horizontal SaaS company providing Professional Development technology and services with 18 years in business. They provide competency assessment and development solutions that allows companies to reskill and upskill their employees. The company has strong margins that can be leveraged for expansion. The software revenue is recurring, licenses are annual and are charged per user, billed in advance. The staffing revenue is a multi-year contract and the services revenue is one-off project based. The rolling 12 months of revenue has increased to 1.8M (update to date from May 2020)
New Business For Sale: 12 yr Lifestyle Mgmt B2C Services
June 08, 2020 by Steve Lukes
Steve Lukes just launched a new listing: 12 yr Lifestyle Mgmt B2C Services 12 yr Lifestyle Mgmt B2C Services Asking: $750,000 • Gross: $756,000 • Net: $263,000 A 12 year old well-branded boutique lifestyle management firm offering professional organizing, on-call personal assistants and relocation services. The company is operated primarily in a virtual environment with a focus on New York, Los Angeles and San Francisco markets. Large base of repeat, high net worth clients Providing services to a growing market Loyal and well trained staff with flexible contract hours, most have been with the company for years Easily expandable to other geographical regions Revenue growth over the past 5 years Current 2 owners are the founders, 1 would like to depart after the sale and the other is open to staying on
New Business For Sale: Branded LA based automotive safety eCommerce co.
October 25, 2019 by Steve Lukes
Steve Lukes just launched a new listing: Branded LA based automotive safety eCommerce co. Branded LA based automotive safety eCommerce co. Asking: Call • Gross: $3,400,000 • Net: $1,000,000 Overview Well branded LA based eCommerce company in the automotive safety space with 16 years in business. Their niche is providing backup camera solutions to the RV community. This company has strong margins that can be leveraged for expansion. Ideal New Owner
New Business For Sale: Rapidly Growing B2C Social Networking App
August 08, 2019 by Steve Lukes
Steve Lukes just launched a new listing: Rapidly Growing B2C Social Networking App Rapidly Growing B2C Social Networking App Asking: $10,000,000 • Gross: $ • Net: $ Overview This app solves the problem individuals experience when trying to expand their network of friends. Sellers produced an app that allows users to connect easily, as friends, based on user criteria. The app has quickly gained popularity and is now #2 in its niche, the #1 app in this space is currently valued at over 1B. The current cash flow is positive and asking price is reflective of the industry average of $50/user (200k existing users). Ideal New Owner 1. Entrepreneur looking for a great opportunity with a proven concept to take it to the next level2. Company looking to absorb and grow the app, community, or data Growth and Expansion Opportunities Owners feel there is an ability to reach over $100,000/ month in revenue in next 12 months based on low hanging fruit strategies:
