| Brief: |
Profitable, established web-based dating business for sale. Our client is the leading speed-dating business in New York, and ripe for expansion to other cities. Speed-dating events let participants have an evening of mini-dates of 3 to 6 minutes each, then log on to the website to select who they want to see again. Signups are online, and they work with numerous hosts (independent contractors) who run the events at NYC bars and restaurants. Business has been run successfully from remote location as well as from New York. Can be run with minimal time commitment from owner, or alternately, ready for expansion with a greater time commitment by owner or manager. High-traffic site driven by top search engine rankings (the strongest in New York). Sophisticated, customized website functionality drives business by allowing targeted marketing and event balancing, efficient customer communication, and immediate feedback on host and venue performance. Over 1,000 events run to date, targeting single professionals between 20 and 55; to date business has had 35,000 registrations from 25,000 members, with some singles attending more than 50 events. Established relationships with clients, venues and hosts. ******* Additional Details ******* Here is how a typical dating event goes: There is an established audience of people who are interested in attending speed dating events. Company has an established website where all speed dating events schedules are displayed. Men and women desirous to participate in speed dating event sign up for a specific event online. Usually enrollments do not come in exact numbers for men and women. They have e-mail list of 25,000 people. e-mail is sent with a discounted offer to participate in this event to match up number of men with number of women. Events are hosted at various NY city bars and restaurants. Company usually hires one or two person to host an event. Participants are greeted at the entrance by the host and provided a form. Host will explain rules to every one. If event is hosting 40 men and women, that many tables are setup and one man and one woman will be seated on each table. At every 6 mins, host will ring a bell and all men will shift to the next table and so on until all men and women have met each other. When event is over, participants can log on to the website to enter who they liked. If woman A chooses a man B and man B chooses woman A, then there is a match and their contact information will be disclosed to each other. ******* More key information ******* It's very important to note that the business is in existence since 2003 and profitable year after year. Also, in the past 6 years, on an average, company has organized 61% more event than year before. Even better, over the past 6 years, # of attendees have increased on average by 65% year over year. This business has a very proven and profitable business model, very low and predictable expenses and guarantted profitability for each event making this a virtually risk-free and fun business to run. Keyword that make up the website is registered ( so this can be easily expanded to all major cities across USA ) and this business can be run remotely. In fact it has been managed by a manager sitting in canada currently. This business model can be expanded to other cities and they have already expanded this business to chicago recently and have started running events. Website for chicago city is separate and included in the sale. Business is run by a team of husband and wife. Owners of business have well organized and documented paperwork. They are selling business because owners are expecting a new baby and they both work full time. |
| Listed Price: |
$230,000 |
| Total Sales: |
$246,345 |
| Seller's Discretionary Earnings: |
$104,416 |
| Fixtures Furniture & Equipment: |
$0 |
| Inventory: |
$0 |
| Financing / Terms: |
Flexible |
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