Facts and Figures
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Note: Traffic data was provided on 04 July 2021. Enquire for more recent data.
Established in February of 2018, this business was launched as a small toolset for writers. We quickly saw that the market needed much more than just tools, but a way for clients to find new writers.
The product morphed into a combination of education (courses), coaching, portfolio websites, project management, job search, a marketplace, and much more.
Nothing like this business exists in the marketplace, which has allowed us to maintain a steady pace of revenue for 3+ years.
The business is currently operated by a husband and wife team, working only a few hours per week. Customer support is ran by a third party company, making this operating very low maintenance for the new owners.
How does your business make money?
We make money from selling access to the software via a one time fee or subscription, as well as courses, coaching and a toolkit available post-signup.
Note regarding P&L
In the expenses there is a "Salaries and Wages" category, the husband and wife pay themselves an owner salary and it amounted to $137,087.61 in the P&L for the trailing 12 months. The next owner can choose to pay themselves like this, or as a distribution of the profits, thats up to them. This is taken out of the expenses category category for the purposes of this sale.
Also, around $6,000 monthly from the P&L is discretionary, and the owners can decide to spend that on further developing the product, or taking it as a profit. This would add an additional $72,000 annually in profit, so its removed from the expenses category for the purposes of the sale.
Why are you selling this business?
We're taking investment on a separate business that requires our full attention.
- Brand assets
- Custom technology
- Customer databases
- Hosting accounts
- Marketing materials and collateral
- Relevant email accounts
- Social media accounts
- 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.
About the Seller