Flippa
FOR SALE
Business Name

Hovos

Business Model
e-Commerce
Industry
Travel

$50,000

Asking Price
Hovos.com is a marketplace for hosts & volunteers. Host need help with something and volunteers offer this help in return for accommodation and board.
This business owner has manually entered their financials

Facts and Figures

Location
Netherlands
Date of Founding
2014
Full-Time Staff
Owner Operated
Annual Revenue
$9,000
Annual Expenses
$20,000
Annual Net Profit
-$11,000
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month January 2019 February 2019 March 2019
Revenue $900 $750 $800
Expenses $2,000 $2,000 $2,000
Net Profit -$1,100 -$1,250 -$1,200

Business Description

It's our task to make Hovos.com an active marketplace where both hosts and volunteers find each other. As an incentive to join as a volunteer, we offer also a cost effective sim card, ideal for travelers (Hovos Travelsim).

How does your business make money?

Through membership fees, online advertising and our own branded Hovos Travelsim card.

Why should someone buy this business?

Hovos.com operates with the travel industry and in a greater perspective within the 'sharing space'. It attracts alternative travelers, budget travelers and people who want to make new friends.

The set of domain names is already valuable. Apart from the best domain hovos.com, the new owner will also get the following domain names: hovos.at, hovos.ch, hovos.co.uk, hovos.de, hovos.es, hovos.fr, hovos.gr, hovos.it, hovos.net, hovos.nl, hovos.nz, hovos.org, hovos.se and hovos.us.
The new owner will also get around 900 Hovos Travelsim cards, branded as such plus around $17,500 of airtime/data credit.

How can the future owner improve this business?

The following should be done in order make Hovos.com a really successful platform for hosts and travelers:

Hovos
* Improve and increase marketing
* Work on the social media presence
* Tweak and improve the format
* Get more hosts

Why are you selling this business?

I am 57 right now and I want to focus on making my own wine on Mallorca where I own a former coal mine estate. I have been very successful in my career with setting up all sorts of online products over the past 30 years, see my timeline on www.pimpernel.com .

Business Strengths

  • High levels of Automation
  • Outsourced Technical Operations
  • Scalable Business Model
  • Significant IP Included
  • Low Acquisition Cost for New Customers

Opportunities for a new owner

  • Start Selling into New Markets
  • Improve Current Marketing Efforts
  • Develop New Features

Key day-to-day operations

  • Customer Support / Service
  • Design & Production
  • Order Fulfilment
  • Programming / Development
  • Content marketing

Marketing

  • Affiliate Marketing
  • Google Adwords
  • SEO

Assets

  • Brand assets
  • Custom technology
  • Customer databases
  • Domains
  • Hosting accounts
  • Inventory on hand or on order at the time of closing
  • Marketing materials and collateral
  • Registered trademarks
  • Relevant email accounts
  • Social media accounts
  • Vendor contacts
  • Website files, source code and content
  • Google Adwords

Post sale support

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

Included

About the Seller

Mark Wiersma

Verified Account

Spain

I have been involved with online products since 1989, started in the time when the first modems came on the market. To see my career timeline, visit www.pimpernel.com.
The most recent facts include: sales of our former website HomeForExchange.com ; launch of the marketplace for host and volunteers www.hovos.com and development of the online accounting solution for dummies www.admini.com .

By the way.... the system did not allow me to mention the real asking price: us$50,000

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