Flippa
FOR SALE
Business Name

Amazing Kenyans

Business Model
Advertising
Industry
Entertainment

$37,850

Asking Price
Multiple 2.4x
Number One Online Informer, Entertainer & Lifestyle Website in Africa. We publish weekly news, music & music videos from across the world.
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
Kenya
Date of Founding
2014
Full-Time Staff
1 to 10
Annual Revenue
$20,542
Annual Expenses
$4,771
Annual Net Profit
$15,771
Profit and Loss
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month April 2019 May 2019 June 2019
Revenue $2,222 $2,296 $2,299
Expenses $400 $400 $200
Net Profit $1,822 $1,896 $2,099
Month Pageviews Users
May 2019 16,714 11,413
June 2019 16,947 11,319
July 2019 21,067 8,097

Note: Traffic data was provided on 05 July 2019. Enquire for more recent data.

Business Description

We publish weekly news, music & music videos from across the world.

How does your business make money?

We make money from publishing featured posts, products, services, and music.
We also use Adsense ads to make money.

Why should someone buy this business?

You should buy my business because it is going to get you back the value for your money specifically from the featured posts and featured music that we are paid to post. We have artists, producers, music A&Rs contacting us on a daily basis with various offers to give more exposure to their art, businesses, events and new products through our website and social media accounts.

How can the future owner improve this business?

I would get extra funding to help me employ even more staff to help respond to customers instantly without missing any of them because it is already overwhelming due to the number of messages we receive. I end up not responding to other people hence I lose money in the process.

Why are you selling this business?

I am selling because I could not be able to raise extra money to help me employ extra staff to help in serving the huge number of requests we receive on a daily basis. I needed extra writers to post the songs, news, products, and services once payment is processed because we only have 3 staff at the moment and most of the time they have to multi-task. Selling this website will help me start a new business in the same line and now get myself to prepare earlier enough for my weak areas because now I know how to do it.

Business Strengths

  • Key Words Ranking
  • High Profit Margins
  • Large Customer Database
  • Lots of Repeat Customers
  • Strong Recuring Revenue

Opportunities for a new owner

  • Start Selling into New Markets
  • Capitalise on the Emerging Market
  • Develop New Features

Key day-to-day operations

  • Customer Support / Service
  • Supplier Relationship Management
  • Order Fulfilment
  • Website Maintenance

Marketing

  • Facebook Advertising
  • Influencer Marketing
  • Twitter

Assets

  • Contracts (written or verbal) with customers and suppliers
  • Customer databases
  • Domains
  • Hosting accounts
  • Inventory on hand or on order at the time of closing
  • Marketing materials and collateral
  • Relevant email accounts
  • Social media accounts
  • Website files, source code and content

Social Media

Facebook
5.6K followers
Twitter
20K followers
Instagram
50K followers

Post sale support

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

Included

About the Seller

Gabriel Ogonda

Kenya

I am Gabriel Washington Ogonda a writer, web tech and owner of Amazing Kenyans

Contact