Flippa
FOR SALE
Business Name

DesignContest Ltd

Business Model
Services
Industry
Design and Style

$600,000

Asking Price
Multiple 5.0x
This business owner has manually entered their financials

Facts and Figures

Location
United States
Date of Founding
2003
Full-Time Staff
Owner Operated
Annual Revenue
$600,000
Annual Expenses
$480,000
Annual Net Profit
$120,000
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Business Description

For sale is a crowdsource graphic design platform for custom graphic design: logos, websites and more. The business makes money by Hire a talented designer or start a design contest

Why should someone buy this business?

Crowdsource graphic design platform with global, multidomain, multicurrency, multilanguage scope. Has great potential for $44BN/yr market penetration.

How can the future owner improve this business?

Update UI/UX, redo blog content.

Can help develop angular 6 platform, already started here: https://scholar.designcontest.com/ Estimated to complete the full blown platform at additional 6000 dev hours.

Business Strengths

  • Key Words Ranking
  • Brand and Community Loyalty
  • Evergreen Niche
  • Large Customer Database
  • Overall Market Size

Opportunities for a new owner

  • Improve Current Marketing Efforts
  • Advance or Explore Retail / Distribution Partnerships
  • Develop New Features

Key day-to-day operations

  • Customer Support / Service

Marketing

  • Affiliate Marketing
  • Google Adwords
  • SEO

Assets

  • All Site Content and file
  • Customer Database
  • Trademarks

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

About the Seller

Sergey Nekipelov

Verified Account

Canada

C-level professional with wide knowledge and proven success in building digital products, accelerating businesses with the modern toolset and the development of proprietary technology.

Proven leadership capabilities in product development, project controls, cutting cost, risk management, ROI maximization and building teams for maximum effectiveness and systems enabling transparency proactive decision making. Exceptional negotiating, decision making abilities, intelligent reasoning and oral/written communication skills with 10+ years of international experience in construction, oil and gas, and IT industries.

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