Flippa
FOR SALE
Business Name

ReverseNumber

Business Model
Services
Industry
General Knowledge

$35,000

Asking Price
Multiple 3.4x
ReverseNumber is a phone number lookup service, offering users access to phone number information for a recurring monthly fee.
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
United States
Date of Founding
2018
Full-Time Staff
Owner Operated
Annual Revenue
$10,376
Annual Expenses
$200
Annual Net Profit
$10,176
Profit and Loss
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month February 2019 March 2019 April 2019
Revenue $2,060 $2,862 $2,810
Expenses $40 $40 $40
Net Profit $2,020 $2,822 $2,770
Month March 2019 April 2019 May 2019
Pageviews 46,984 45,307 21,118
Users 17,816 15,629 8,091

Note: Traffic data was provided on May 11, 2019. Enquire for more recent data.

Business Description

ReverseNumber is a phone number lookup service, which gives paying users the ability to instantly search and see information about a phone number.

We operate an internet platform that provides customers a searchable database of a phone number owner's name, location, age, potential relatives, and more.

How does your business make money?

In order to access phone number information, users enroll in a 5 day trial to the service for $1, which after 5 days automatically converts to a recurring payment of $26.89 per month.

Please keep in mind when viewing the financial data for this listing that this website launched in late December 2019 and is still only 4-5 months old. There is not a full 12 months of sales information available and therefore Flippa is not able to accurately calculate a correct total profit value.

Why should someone buy this business?

ReverseNumber is a fully functional website that has been profitable since its first month launched.

This site currently has nearly 100 active recurring subscriptions. Operating costs for the site are low, with recurring profits high and seemingly increasing month after month.

Price per subscription for users is $26.89 per month with Stripe showing a 34.6% conversion rate from trial to paid subscription for the last 30 days.

This website has an established place in its niche market with absolutely tremendous growth since its launch at the beginning of this year (December 2018).

Our primary revenue comes from subscriptions of users located in the United States.

Post sale support will be included to help ensure the successful transfer and setting up of accounts necessary for running the website. After which, you will be good to go on your own. It is straightforward and will not be a complicated process. This will also include the website's Stripe/Paypal accounts.

How can the future owner improve this business?

MARKETING. Without a doubt, put 99.9% of your efforts into digital marketing and you can easily grow this business significantly. With a recurring subscription cost of $26.89/month and a conversion rate of the trial to a paid subscription of 34.6%, you have tremendous room for massive profit and scaling marketing significantly.

Why are you selling this business?

I am very passionate about building websites and mobile apps and growing them until they are mostly self-sustaining and profitable before selling them off. I have a track record of successful acquisitions and ventures and prefer to be free to pursue new projects that interest me. I have already begun on a new project at this time and am selling this website to focus my time fully on that.

Business Strengths

  • Customer Service
  • High levels of Automation
  • High Profit Margins
  • Lots of Repeat Customers
  • Scalable Business Model

Opportunities for a new owner

  • Start Selling into New Markets
  • Improve Current Marketing Efforts
  • Introduce Further Revenue Streams

Key day-to-day operations

  • Customer Support / Service
  • Content marketing

Marketing

  • Google Adwords

Assets

  • Custom technology
  • Customer databases
  • Domains
  • Relevant email accounts
  • Website files, source code and content

Post sale support

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

Included

About the Seller

Jonathan Zarra

United States

I have founded, scaled, and raised capital for multiple tech focused startups from the ground up into both profitable ventures and successful acquisitions. To name a few: Founded Switcher.gg. Founded GoChat, 3M+ actives, Google Spark, angel funding, acquired. Founded Shortcodes.org.

Contact