Business Created
January, 2016 - (10 years 6 months old)
Niche: Software/SaaS
sold
Monetization:
Digital Product, Display Advertising, Membership Model
Location:
Andorra
Uncover a listing for full access to the URL, Google Analytics, Profit & Loss Statement, etc.
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#8473690
Listing Number
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$8,500,000
Listing Price
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$121,875
Monthly Revenue
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$110,133
Monthly Net Profit
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34.39x
Revenue Multiple
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15.55x
Profit Multiple
Listing Summary
About the business
UPDATE: October net profit - $225,000, up 140% over Oct 2020; Traffic 47M / month!
In its five years of existence, it has become one of the favorite online tools of teachers and educators around the world. It currently has 2 million registered teachers and 4 million registered students. It also has a base of almost 1 million shared resources, which contribute to its positioning in search engines and the acquisition of new users, reaching an average of 3 million unique daily visitors.
Business model
Its business model is based on advertising and subscriptions. The website offers a free subscription, with advertising and certain limitations. In addition to this, paid subscriptions are also offered for teachers or centers who wish to eliminate advertising or increase the limits of their account (register more than 100 students, create more than 30 private cards, more than 10 interactive notebooks, etc.)
Currently, all the income comes through advertising. There is no income from subscriptions, since due to COVID19 we have offered all plans for free until the end of this year. Revenues are expected to increase and even double as soon as subscriptions begin to be charged. It is also to be expected that expenses will be reduced.
Customers
The site has users from all over the world, but some of the most frequent countries are Spain, Mexico, Malaysia, Saudi Arabia, Colombia, Thailand, Ecuador, India, Argentina, and the United States.
The COVID19 pandemic boosted the popularity of this platform. Throughout the world, hundreds of courses have been given to teach teachers how to handle it, and YouTube has been filled with videos with tutorials and tricks on the site. Thanks to all this, it is currently the preferred online educational tool for thousands of teachers, and its popularity is growing even after COVID lockdown.
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Assets Included in the Sale
The following are included in the sale of this business:
- Domains
- Email address and social media accounts
- Email subscriber list
- Trademarks/patents
- Website files, unique content, and unique design
- Brand assets (logos, etc.)
- Custom technology
Social Media Channels
Work & Skills Required
Operation
The maintenance of the web requires about two hours of work a day to answer messages of doubts and support.
Other Information
Future needs
The website will likely require many programming enhancements to ensure its security, scalability, and stability. The list of improvements that can be made is extensive: update the design, mobile version, app development, SEO, ad optimization, integration with other platforms, etc.
I believe that the real value of it is not in its technical development (which is the work of an amateur and frankly can be improved), but in its totally original and unique idea, the large base of users who know and use the platform, and the great collection of exercises shared by users.
Seller Support Includes
I can provide support for 6 months.
Reason for Sale
I think the time has come for this business to be managed by a professional team that will bring out its full potential.
Buyers Profiles
Frequently Asked Questions
Answered by the Seller
Interested in This Opportunity?
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