Total of 18656 firms and businesses for sale today Thursday 25th April 2024
Time to Sell or Time to Buy !

Sold. Currency And Forex Education Internet Business

LISTING DETAILS
Firms For Sale ID:
33924
Vendor reference:
823527
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$625,000  
Turnover / revenue:
$407,700
Net profit / cashflow:
$249,735

OTHER DETAILS
Reason for selling:
Owner wants to put undivided focus into two areas. One is to grow a new association related business he started in 2013 in a different niche. The other reason is to travel for missionary work and possibly start a church. To do that he needs to sell this business for capital and bandwidth purposes.
Financing available:
Partial financing is available
Support and training:
Seller is willing help the new owner and customers through the transition for up to 6-12 months (depending on terms and conditions). The current team will stay in place if the new owner desires.
Business is relocatable:
Yes
Business is web-based:
Yes
Business is home-based:
Yes
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
For sale is a full service financial publishing company, specializing in Currency and Forex education. This business serves clients that are looking to learn to manage a portion of their investing capital using alternative investments like Foreign Exchange or what is called alpha investment. The owners have been serving this market for 8 years.

The key assets are the products and services, the prospect and customer lists, the marketing materials and funnels, and the website real estate.

This business is a lead player in the Financial Publishing Niche with a strong reputation that requires a limited amount of time necessary to earn a strong net profit on the business. There are already turn-key marketing funnels setup and in use that a new owner can seamlessly step into as well as access to partners where additional products and services can be created.


Key Assets & Highlights:

- All sales systems and funnels are in place.
- Recurring revenue.
- Lead funnels are in place.
- Products are in place with a system for creating new products.
- Joint venture partnerships through affiliates and white label partners are in place.
- The ability to generate leads through paid advertising to the many lead generation websites.
- A loyal customer base to buy new products offered.
- Combined lists of 112,000 Prospects and Customers.

The financial information and publishing industry is one of the most lucrative industries in the world. In the times that we live in it is imperative for people to get high quality information to make quality financial decisions.

The business is currently producing $22,000 in recurring revenue on average monthly from subscriptions to the members areas. Some of the recurring revenue is billed yearly and other is billed monthly. The average retention rate is 6 months for monthly recurring revenue with a 40% stick rate for yearly recurring revenue.

Staff:
There is a team that does customer support and they are fully trained. 1-2 people can handle this task depending on times and volume. Daily tasks involve answering support tickets, answering the telephone, and doing some remote support sessions.

Other team members include: Copywriter, Webmaster and Graphic Designer.

Expansion Potential
- The owner projects the growth potential for this business is $5,000,000 gross per year or more.
- One of the key ways the owner sees growing this business is through white label partnerships (which the new owner will have access to).
- Another key way to grow the business is to drive paid traffic to the many product funnels that are already setup and then up-sell front end buyers into coaching programs.
- (SEE PROSPECTUS FOR FULL DETAILS)