Flippa
SOLD!
Business Name

MyEnergyComparison.com - £38k in revenue payments pending (included in sale)

Business Model
Services
Industry
Business

$45,000

Asking Price
Multiple 1.8x
Business Energy Comparison. Compare over 21 Business Energy providers and save up to £1,150 per year on your business energy bills. £38k of payments pending.
This business owner has manually entered their financials
This business owner has connected their site traffic with Google Analytics

Facts and Figures

Location
United Kingdom
Date of Founding
2017
Full-Time Staff
Owner Operated
Annual Revenue
$44,021
Annual Expenses
$19,126
Annual Net Profit
$24,895
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 May 2019 June 2019 July 2019
Revenue $666 $25 $45
Expenses $0 $0 $0
Net Profit $666 $25 $45
Month Pageviews Users
June 2019 758 463
July 2019 1,081 665
August 2019 559 344

Note: Traffic data was provided on 22 August 2019. Enquire for more recent data.

Business Description

Hundreds of Tariffs From 21 Suppliers
Compare Hundreds of Tariffs From 21 Business Energy Suppliers.

At MyEnergyComparison, our goal is to make the information you need available without forcing you to sort through irrelevant details. Whether you’re looking for Gas and Electricity Packages or want to handle gas and electric separately, we want it to be easy for you to find out what you need to know to make your decision.

When you compare business energy services online with us, we want you to find what you need to pick the right one no matter what your priority is. The next steps are easy, complete the simple form and compare suppliers. One of the team will then be in touch to help you through the process.

How does your business make money?

Commission of sales

50% of every sale. Average commission to us is around £200 to £250.

You will also earn 20% recurring commission for any renewals.

Lead - someone who compares quotes on website.
Sale - someone who reaches the end of the journey and switches energy supplier.

We currently have £38k of payments due to us from LoveEnergySavings. These can be included in the sale if the reserve is reached.

Why should someone buy this business?

Existing relationship with LoveEnergySavings to fullfill the energy switch. You can earn 50% of the commission (LES get the other 50% for handling the sales) , then 20% for renewals.

We've generated over £200k in commissions from LES. We have been paid £120k of the sales. We have spent around £106k on AdWords so far to date. As you can see a substantial profit!

There is still amount owed to be paid from LES once the commissions land, you will be buying this also for any payments that occur after the sale date.

You also earn 20% on recurring renewals. This means you will earn money on the sales that we have already made!

Why are you selling this business?

A lack of time. I am selling this website and a number of others also.

Business Strengths

  • Key Words Ranking
  • High levels of Automation
  • Scalable Business Model
  • Turn-key Operations
  • Overall Market Size

Opportunities for a new owner

  • Start Selling into New Markets
  • Improve Current Marketing Efforts
  • Improve Customer Service

Key day-to-day operations

  • Website Maintenance

Marketing

  • Facebook Advertising
  • Google Adwords
  • SEO

Assets

  • Brand assets
  • Contracts (written or verbal) with customers and suppliers
  • Domains
  • Hosting accounts
  • Website files, source code and content
  • Google Adwords

Social Media

Facebook
620 followers

Post sale support

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

Included

About the Seller

Aaron Crewe

Verified Account

United Kingdom

Multi-award-winning SEO and PPC agency. Looking to sell some of our assets to focus on our core service offering.