Subscription Service Business - Social Media Marketing - $23K MRR

Yearly revenue

$264,000

Yearly net profit

$99,000

Asking price

$345,000 SOLD

Main Benefits

• Customer lifetime value above $4,500
• Revenue grew by more than 17% over last twelve months
• Scalable 'productized' model
• $280K+ annual run rate
• Multiple well defined opportunities for growth

Description

For sale is a subscription service business in the social media marketing space.

Founded in January of 2014, this platform leverages a network of freelance writers and editors to provide social media updates that can match a given subscriber’s content style, quality, and volume requirements.

Perhaps most impressive are the business’ subscription metrics. In November, 2016, customer and gross revenue churn both stood below 5.2%, with average revenue per user above $233. This equates to over $4,500 in implied customer lifetime value.

This represents an ideal acquisition target for an investor looking for a recurring revenue platform play in the social media marketing space with an upward trajectory and plenty of room to grow.

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All numbers are prepared on a SDE basis.