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$9.4K Per Month Service Site in the Hobbies Niche

AgencySoldHobbiesvia Empire Flippers
A one-page read: the numbers, the trend, valuation, and how to approach the owner.
Asking price
$61,915
Monthly net
$1,876
Multiple
2.8x
Estimated valuation vs comps

Asking 2.8x annual profit. Comparable Agency businesses sell around 2.1x (1.3 to 3x, 167 comps). Priced 31% above the median.

Key facts
Monthly revenue
$9,386
Monthly expenses
$7,510
Monthly net profit
$1,876
Profit margin
+20%
Monetization
Service
Niche
Hobbies
Hours / week
4
Days on market
36

Summary

This listing is for a service business created in May 2003 in the photography niche. The business connects people looking for quality online profile photos to photographers in their area. A part-time manager has operated the business for over two years, so the seller doesn't spend any time working on the business. In addition to about 200 photographers (US and Canada), there are three part-time contractors that complete work as needed or when customers select plans that include additional services. The other three contractors are a developer, profile editor/writer, and photo retoucher. The site is designed using Wordpress, Joomla, and .NET platforms. The developer is available for adding new features, maintenance, and troubleshooting. The profile editor/writer and photo retoucher are assigned work based on the plan/services the customer selects. To bring in more traffic, the business has listed an affiliate offer and pays commissions to professionals in the space that make have made sales referrals. Reaching out to other potential affiliate programs or partners is an opportunity to grow the business further. The new owner could also increase marketing efforts as this hasn't been given much recent attention.

Reason for sale

The seller is looking to sell this business as they've lost their passion for it.

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.