- Yearly revenue
- Yearly net profit
- Asking price
- $308,000 SOLD
- Impressive growth, with revenues growing at a CMGR of c.11% of the trailing 12 months
- Full team of well-trained employees transitioning with the business
- Scalable cost structure
- Low owner involvement
For sale is a B2B subscription service business in the social media marketing space.
Launched in 2016, the business has made a name for itself by quickly and effectively growing social media followers for their clients on Instagram and Twitter. With a rigorously-trained team, world class customer support, and a proven history of continued success, the business stands head and shoulders above the competition.
The social media marketing niche is undergoing unprecedented growth, with enterprise spending on social media marketing forecast to reach c.$17.5 billion by 2019. With a market-leading product, targeting the 800 million monthly active Instagram users, the business reached a c.11% CMGR over the past year and is primed to continue its strong upward trajectory.
The owner built the business with scale in mind from the very start, allowing for continuous growth without a significant change in operations. The remote team of four employees is fully capable of running the day-to-day operations and will be available to a new owner post-sale, creating plenty of time to focus on growth opportunities.
With a proven product, well-trained team, and a growing value proposition in our increasingly-digital world, a new owner will be acquiring a business on the rise with plenty of growth opportunities at its disposal.
* Revenue and profit figures annualized on a last six months basis.
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All numbers are prepared on a SDE basis.