Flippa
FOR SALE
Business Name

PhoneTransact.com

Business Model
Services
Industry
Business

$65,000

Asking Price
Multiple 1.9x
A+ BBB rated. Domain Name. iPhone App Source code. $2,800+/mo residuals!
This business owner has manually entered their financials

Facts and Figures

Location
United States
Date of Founding
2009
Full-Time Staff
Owner Operated
Annual Revenue
$34,200
Annual Expenses
$612
Annual Net Profit
$33,588
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.

Business Description

PhoneTransact.com started as a mobile credit card processing solution connecting small merchants with credit card processors. The business now also allows users to accept credit cards on their websites or retail storefronts. The business is easy to operate with excellent margins making it a great investment.

How does your business make money?

PhoneTransact makes money by taking a per transaction fee, a monthly fee and a small percentage of the credit card transaction amount for each merchant in the portfolio.

Why should someone buy this business?

This business provides a stable source of passive income and is an excellent acquisition target for a larger merchant account processor or an ideal launchpad for a new merchant account processing business.

How can the future owner improve this business?

The future owner has little to do to keep receiving income. If the new owner wants to grow the business then it would be ideal to update contact information on the website and possibly place inexpensive Google Ads to advertise the business.

Business Strengths

  • High Profit Margins
  • Length of Operation in Niche
  • Low Time Commitment Required
  • Outsourced Technical Operations
  • Passive Revenue

Opportunities for a new owner

  • Launch New Products
  • Improve Current Marketing Efforts
  • Develop New Features

Key day-to-day operations

  • Adwords Maintenance

Marketing

  • Customer Referral Program
  • Partnerships
  • SEO

Attachments

Assets

  • Contracts (written or verbal) with customers and suppliers
  • Custom technology
  • Customer databases
  • Domains
  • Website files, source code and content

Social Media

Twitter
450 followers

Post sale support

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

Included

About the Seller

Clifford Helsel

United States

I am a software developer and entrepreneur. I have been developing software and websites for over twenty years, specializing in SEO and AdSense based businesses.

Contact