This business is a SaaS product and Marketplace for writers to connect with clients and potential employers. It is monetized by selling access to the software via a one-time fee or subscription, as well as courses, coaching, and a toolkit available post-signup.
The site has 329K average monthly page views and 97K unique monthly site visits for an average net profit of $45,353.
Perfect established business for a creator economy entrepreneur, with low maintenance and an in-demand unique product. Sale includes 66K social media followers, 1.4M email addresses and post-sale support.
What does your business do?
Established in February of 2018, this business was launched as a small toolset for writers. We quickly saw that the market needed much more than just tools, but a way for clients to find new writers.
The product morphed into a combination of education (courses), coaching, portfolio websites, project management, job search, a marketplace, and much more.
Nothing like this business exists in the marketplace, which has allowed us to maintain a steady pace of revenue for 3+ years.
The business is currently operated by a husband and wife team, working only a few hours per week. Customer support is ran by a third party company, making this operating very low maintenance for the new owners.
How does your business make money?
We make money from selling access to the software via a one time fee or subscription, as well as courses, coaching and a toolkit available post-signup.
Note regarding P&L
In the expenses there is a "Salaries and Wages" category, the husband and wife pay themselves an owner salary and it amounted to $137,087.61 in the P&L for the trailing 12 months. The next owner can choose to pay themselves like this, or as a distribution of the profits, thats up to them. This is taken out of the expenses category category for the purposes of this sale.
Also, around $6,000 monthly from the P&L is discretionary, and the owners can decide to spend that on further developing the product, or taking it as a profit. This would add an additional $72,000 annually in profit, so its removed from the expenses category for the purposes of the sale.