Podcast Rocket
$45,000
Facts and Figures
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.
