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

Network Of Video Websites For Sale

Location  California,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $834000
Net Profit / Cash Flow  $634000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2002
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  Yes, 90 days.
Reason for Sale  Peace corp mission.

Description  
This is a unique opportunity to purchase a high grossing network of video websites that was established 9 years ago. The content of these sites includes videos, editorials, and various entertaining media. The site has grown every year in profits since its inception and currently receives over 1 million hits per day. The site is easy to run and takes less 3 hours a day to maintain. With a great reputation and a very strong name in the entertainment world, this is a huge opportunity. The network of sites Grosses over $600k, with a Net cash flow of $450k + per year for the past 5 years. Over the past 5 years this business has been run by one person. Some basic knowledge of the internet is suggested but not needed. Business is 100% relocatable. Future potential is limitless and has already begun production on 3 new revenue streams that could produce an additional $500k annually within next 12 months. Expenses are 20% of gross sales roughly. Contact for more information on this Video Websites business for sale.


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