$14.2K Per Month Service Site in the Legal Niche
Asking 2.0x annual profit. Comparable Agency businesses sell around 2.1x (1.3 to 3x, 167 comps). Priced 5% below the median.
- Monthly revenue
- $14,208
- Monthly expenses
- $5,601
- Monthly net profit
- $8,607
- Profit margin
- +61%
- Monetization
- Service
- Niche
- Legal
- Hours / week
- 5
- Days on market
- 8
Summary
A services site created in March 2014 in the legal niche. This is a very exciting business that provides the service of helping people obtain a business license in certain states in the USA. This site is unique as it does not use Google Analytics, but instead relies 100% on AdWords paid traffic. As a result, there is a huge opportunity to establish some organic traffic, and drive more people towards the site. This site provides a great opportunity for someone who has knowledge in SEO and can come in and start expanding upon the already established paid traffic strategy from day 1. Although next profit is fairly steady in the last 4-5 months, it is down from 2014 due to less spending on paid advertising as the seller is no longer focusing on the business. A multiple of 24x was used from the Empire Flippers Valuation tool in the pricing of this site.
Reason for sale
Seller is raising funds to reinvest in another business.
Traffic, trend, size, and valuation figures here are estimates, not verified by the seller. Always do your own diligence before reaching out or making an offer.