Press Release Business - $6.8K net/mo
- Yearly revenue
- $237,200
- Yearly net profit
- $81,500
- Asking price
- $140,000 SOLD
Main Benefits
- Established team in place
- c.45K double opt-in email list (not utilised)
- Low owner requirement
- Strong client retention/reorder rates
- Strong industry partnerships
Description
For sale is a well-established press release business. With 5 years of history, >2000 orders a year and numerous long term clients, this business is a great opportunity for any investor interested in the niche.
The business has a staff of three editors/writers that have also been with the business for 5 years. Of these editors, 2 are based in the US and one in the Philippines. Team is highly skilled, motivated and loyal to the firm.
The business is extremely sustainable due to its solid relationships with industry partners, high quality output (and syndication) and the strong word-of-mouth marketing established off thousands of completed press releases for happy clients. Over 35% of clients order more than one report and some agencies (in the business of reputation management, etc.) order reports in the double digits each year.
There are several growth opportunities available to a new buyer, including the use of a double opt-in email list of c.45K subscribers, which is rarely marketed to.
This business could be ideal for a buyer with a complementary business or a buyer looking for a largely outsourced business in an established niche.
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All numbers are prepared on a SDE basis.
