Facts and Figures
|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|
Note: Traffic data was provided on 04 October 2019. Enquire for more recent data.
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?
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).
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
(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.
- 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
- Customer Referral Program
- Google Adwords
- 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.
About the Seller