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Expired

Lead Generation Website for the Hotel Construction Industry-Recurring Revenue Model

April 12, 2015 Listing 13347 Advertising Directory/Incentives Hospitality
Asking Price 600,000

Description

Business Overview

The hotel industry in the United States is back into construction mode. According to research firm Lodging Econometrics, the U.S. construction pipeline included 4,038 hotels with 507,221 rooms at the end of the second quarter. That’s an increase of more than 20 percent in both properties and rooms over the second quarter of 2014. Construction projects in the hotel industry generate huge opportunities across the entire spectrum of companies in this industry from construction contractors to designers to the myriad of furniture & fixtures suppliers.

Launched in 2004, this site was the first of its kind and quickly became a leader in lead generation for the hotel construction industry by providing detailed reports of current hotel projects to businesses that service or supply the hospitality industry.  By subscribing to the site, vendors are kept up to date on new and planned projects across various geographies ensuring they never miss an opportunity.  The site goes beyond sales lead generation by providing sales and marketing support for its clients, a preferred vendor directory and many other features to service the industry.
 
As a 100% digital model, this is a home based business, is easily relocateable and can be operated from any location with internet access.  The owner spends approx. 40 hours per week managing marketing research, sales/marketing, billing and accounting, customer support and tech support.
  
With longevity in the industry, a solid reputation for delivering great information and services and a recurring business model, this site is an excellent opportunity for a new owner to build upon its established foundation with new marketing efforts to achieve greater results and profitability.
 

Growth Opportunities

With its well established foundation and brand recognition, this site it poised for a new owner to take it to the next level of growth.  Some ideas for future growth include providing greater details in each report, offer reports that encompass small regional areas both worldwide and within North America and engage in a PPC advertising campaign to connect with more vendors.

Competition & Market

Providing superior and detailed information including project data that is not public knowledge as well as offering sales and marketing support to its client base has made this site the known leader in their Industry.

Financial Overview

Gross Revenue 223,205
Cash Flow 215,923
Archive Date 05-03-2016
Status Archived
Year Established 2004
Employees 0
Inventory 1

Other Information

Category Advertising Directory/Incentives
Industry Hospitality
Location USA, Florida (Miami-dade)
Home-Based Business Yes
Seller Financing Available Yes
Income Sources Access to Site/Memberships