For Sale:
Networking Service and Platform for Mom Entrepreneurs
Asking Price: $50,000
Description
Seller is motivated and will consider all serious cash offers.
According to an American Express OPEN report, the number of women-owned firms increased by 45% between 2007 and 2016 reaching an estimated 11.3 million women-owned businesses in the U.S. that employed nearly 9 million people and generated over $1.6 trillion in revenues. While women have been making significant progress in the business world, it is still important and extremely helpful for them to have their own communities to gain support, information and expand networking opportunities.
This business provides a platform to support mom-entrepreneurs with social and educational opportunities to help them build their networks. In addition to support and education, it also provides advertising and networking opportunities via online webinars, connection calls and in-person live events in its effort to assist women balance motherhood and business. The company generates revenues through memberships, event tickets, sponsors, advertising and affiliates. It has a large social media presence with around 35k followers. The business is successfully operated by one owner working under 20 hours per week. The business has a solid foundation and a current net profit margin of 33%.
This is an outstanding business opportunity for an entrepreneur or a talented sales person looking to acquire a successful, established, home-based business that has proven itself in the unique and growing niche market of mom entrepreneurs and that has tremendous growth potential!
Financial Overview
| Gross Revenue | $99,267 |
|---|---|
| Cash Flow | $33,203 |
| Archive Date | 02-25-2020 |
| Status | Archived |
| Year Established | 2011 |
| Employees | 0 |
| Inventory | N/A |
Other Information
| Category | Social Networking/Blog/Forum |
|---|---|
| Industry | Marketing and Advertising |
| Location | USA, Washington (King) |
| Home Based Business | Yes |
| Seller Finanacing Available | Yes |
| Income Sources | Access to Site/Memberships |
Growth
Building upon its solid performance and established foundation, this business is positioned for a new owner to take to the next level of growth by capturing some low hanging fruit in sponsorships already in the pipeline. Other strategies for future growth include further pursuing corporate members or sponsorships, adding a course to include a virtual membership and host pop up events.
Competition
This company’s competitive advantages include strong branding, loyal audience, and multiple streams of revenue.