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Businesses For Sale   >>   Other Technology - Internet Related Businesses For Sale

Niche, Profitable Appraisal Directory For Sale

Location  New Jersey,United States
Asking Price Range  < $250K
Gross Revenues  $35000
Net Profit / Cash Flow  $34000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2007
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased

Description  
- 95% Automated - $34k A year in net revenue - Home Based - 60% Conversion rate when owner advertises This is a national directory for appraisers across the country. Lenders who need appraisers can quickly and easily find a local appraiser through this directory. Appraisers pay a nominal, annual fee to be included in the directory. For an appraiser this fee is easily justifiable as just one referral over the course of the year will pay for the cost of being included in the directory. As the directory grows in size and its ability to send referrals, this is an area that a new owner could conceivably increase rates. This is a very straightforward web directory in a strong vertical niche market. A new buyer will find a website that has built a solid foundation and is ripe for further development, automation, and growth. At only 8 months old, this site is still in its infancy. Reason for Selling. The current owner owns and operates multiple websites. This specific site is not the main focus of his attention and as it is experiencing very strong growth, he would like to put it in the hands of another owner who can continue to develop, grow, and market what he started. Web directories in strong vertical niches, like this one, that incorporate renewable membership fees frequently find asking prices that are four times the annual net income. However, due to the fact that this website has been live for less than 1 year, this site is currently being offered at just 2.6 times its last 12 months of net income.


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