Business Created
January, 2006 - (18 years 9 months old)
Listing Number
Listing Price
Monthly Revenue
Monthly Net Profit
Cashflow Volatility
Cash Yield
Business Name: CONFIDENTIAL
Established: 2006
Valuation: $17,500,000
Percentage Being Sold: 100%
Revenue (TTM): $15,521,370
Net Profit (SDE): $2,855,362
Business Multiple (ARR or EBITDA): 6.13X
Customers (TTM): 31,000
Traffic (TTM): 37 million sessions
Summary
This 18-year-old business is a leader in the academic writing niche and has recently expanded to other services. With a B2C transactional model, it generates $18-20 million annually. Despite a slight decline in new customer acquisition, targeted marketing strategies are expected to address this.
2006: Founded.
2008: Expanded team from 5 to 20 employees.
2010: Rapid growth, the team expanded to 100 employees.
2011: Cooperated with writers from Kenya, improving quality and reducing refunds.
2015: Entered the German market.
2016: Implemented a custom CRM system, enhancing service quality.
2018-20: Team doubled, launched new products (presentations, resume writing, programming).
Revenue (2021-2023): $18M-$21M annually
Customers: 30-40K per year
Orders: 215K-240K annually
Active Verified Experts: 1000+
Sessions: 3.7M-5.0M
12-Month LTV: $270-$300
Margins: Academic writing: 72-75%, Other products: 65-67%
Implement essay writing services in multiple languages (Dutch, Arabic, Spanish, French).
Enhance SEO for regional websites.
Utilize social media advertising and influencers.
Develop a mobile app to improve user engagement and retention.
Offer complex tasks like dissertations and theses.
Provide services for online tests.
Introduce subscription models for academic services.
Develop AI tools for academic writing and other services.
Explore low-price segments to increase customer base.
Focus on STEM-related tasks.
Expand programming services by establishing a dedicated team.
Develop services for business clients, including presentations, resume writing, and typing services.
The business is available for a minimum valuation of $17.5M, sold turnkey with full operations and customer base in place. The key highlights include:
Revenue Figures: $18-21M annually, with 72-75% margins in academic products.
Client Base: Fresh client base for 2023-2024 with a high retention rate.
Automation: High level of automation with only 9 employees managing 1000 writers.
Proprietary CRM System: Advanced system tailored for B2C market.
The company is among the top four in the academic writing services market. It operates primarily in English-speaking markets, with a significant presence in the USA. The main reasons for customer use include time constraints, pressure to succeed, lack of confidence, language barriers, procrastination, lack of understanding, and the need to delegate non-essential tasks.
The business has maintained stable revenue and net income, averaging $20M annually over the past three years. Despite a temporary dip in late 2023 and early 2024, revenue is stabilizing, positioning the business for strong future growth.
The business operates with a team of over 80 employees, including marketing specialists, project managers, designers, developers, and support staff. The operational and strategic management is handled by a board led by the CEO, ensuring seamless integration and continuity.
The company utilizes diversified customer acquisition channels, focusing on organic growth through SEO, contextual advertising on Google and Bing, and an in-house affiliate program. The average cost of customer acquisition varies by channel, with PPC costing $198 and SEO costing $94.
The business is exploring several growth opportunities, including:
Expanding GEO and languages: Offering writing services in multiple languages to attract new clients.
Developing new products: Focusing on programming, presentations, resumes, and admissions services.
Enhancing marketing efforts: Increasing spending on SEO and contextual ads, developing a mobile app, and exploring new marketing channels.
This business presents a significant investment opportunity with stable revenue, high margins, and strong growth potential. The sale includes all operational and strategic management structures, ensuring a smooth transition for the new owner.
FIH.com is a Manhattan-based M&A advisory firm specializing in the sale of remotely-run successful digital companies (around the world) with revenues ranging from $1M to $100M. These include apps, marketplaces, freemium and enterprise SaaS, ecommerce, affiliate/advertising groups, and more. This business is proud to work with the very best entrepreneurs and investors. Potential clients who are in the market to acquire or sell a relevant business are encouraged to reach out for a complimentary consultation.
January, 2006 - (18 years 9 months old)
The following are included in the sale of this business:
Technical knowledge required to manage the business is not essential.
The technical side is fully handled by C-level and senior positions, and the owner does not need to have such knowledge.
The product works well, and the main task is to maintain customer flow through marketing and develop new channels. So, the primary focus should be on retaining and developing the customer flow.
Consultation during 6 months - 5 meetings per week.
The owner has gained all he wanted within this LOB in more than a decade in this business and wants to focus on its other projects.
Who is the ideal buyer for this business?
Ed tech companies to expand current offerings. Any other domain looking to utilize the current proprietary CRM and internal processes to streamline its current business.