Flippa
FOR SALE
Business Name

Podcast Rocket

Business Model
Services
Industry
Business

$45,000

Asking Price
Multiple 1.8x
Productized Media Production Services Company
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
2017
Full-Time Staff
1 to 10
Annual Revenue
$43,761
Annual Expenses
$19,419
Annual Net Profit
$24,342
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 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019
Revenue $2,181 $1,909 $2,468 $4,060 $3,074 $4,125 $4,696 $3,995 $4,268 $3,878 $2,918 $3,062
Expenses $654 $837 $584 $960 $1,568 $1,446 $2,303 $2,186 $1,661 $2,562 $2,068 $1,344
Net Profit $1,527 $1,072 $1,884 $3,100 $1,506 $2,679 $2,393 $1,809 $2,607 $1,316 $850 $1,718
Month Pageviews Users
October 2018 1,126 146
November 2018 1,521 169
December 2018 3,387 545
January 2019 4,512 640
February 2019 2,795 453
March 2019 4,911 719
April 2019 4,020 549
May 2019 3,131 494
June 2019 907 319
July 2019 2,864 703
August 2019 2,108 558
September 2019 2,044 342

Note: Traffic data was provided on 04 October 2019. Enquire for more recent data.

Business Description

Podcast Rocket is a Productized Services Company, aiding clients in the technical aspects of Podcast Production including Audio Mixing & Mastering, Editing, Shownotes Writing, Transcription, and Backend Admin Support.

How does your business make money?

Revenue is generated primarily through Podcast Post-Production. This includes Audio Mixing & Mastering, Editing, Shownotes Writing, Transcription, and Backend Admin Support.

Why should someone buy this business?

**Revenue:
Due to the nature of the model, this service is mostly recurring. Stable MRR accounts for 75% of revenue, with One-Off and Repeat Orders making up the difference.

(NOTE: There is a dip in sales on the P&L for July+August. This is due to taking a Stripe Cash Advance, which withholds 17.6% of revenue until the principle is paid off).

**Operations:
We have streamlined operations to the point of only needing one contractor to handle the day-to-day fulfillment of services. Only Owner-Operator tasks to manage the business take roughly 1-2 hours per day on average and involve:

  • Answering Customer Questions / Sales Inquiries.
  • Paying Employee or Contractors
  • Bookkeeping

(As an example, an injury in May 2019 kept me bedridden for a month and a half. Despite this, I didn't do any work inside the business except for some admin work)

Why are you selling this business?

After over two years of building this business, I believe it's time for me to pass the torch and do something I'd be more passionate about.

In addition I'll be focusing more energy on a new business, and will need the mental focus and capital resources to pour into this venture.

Business Strengths

  • High Profit Margins
  • Low Time Commitment Required
  • Outsourced Order Fulfilment
  • Strong Recuring Revenue
  • Overall Market Size

Opportunities for a new owner

  • Capitalise on the Emerging Market
  • Improve Current Marketing Efforts
  • Improve Customer Service

Key day-to-day operations

  • Customer Support / Service
  • Website Maintenance
  • Adwords Maintenance

Marketing

  • Customer Referral Program
  • Google Adwords

Assets

  • Brand assets
  • Custom technology
  • Customer databases
  • Hosting accounts
  • Marketing materials and collateral
  • Policy and Process documents
  • 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

Mike Partee

Verified Account

United States

Contact