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Income Generating Business: Mobile Websites on the Largest US Wireless Carrier
TORONON002-N366
The following broker is assigned to this listing:
Ron Sloan
torontowest@sunbeltnetwork.comCell: 905-602-5003
Description
This Toronto-based business earns all its revenue from Smart Phone users in the US market. Smart Phones include iPhones, Blackberrys, and many other handhelds like Nokia, for example. The US market for Smart Phones is 95 million users and growing quickly. They allow internet access just like a computer, however the applications are “mobile web” applications and accessible from anywhere.
The business has 16 mobile websites that are generating an average $43,000 a month in revenue - and continues to grow. The two categories the websites provides its users are “entertainment” and “deals”. The primary carrier is the huge US Verizon network.
The business can be run from anywhere there is internet access. There are no employees and no overhead except the cost of “hosting". It takes only several hours a week to run currently - and a little more time if expanding the business. Expansion requires time primarily, as there is only a tiny investment needed to grow, and a buyer who understands marketing. The business is very expandable and there are industry associations for mobile businesses that offer a wealth of research and information to help with expansion. For more information contact Ron Sloan; MBA; Broker, 905-602-5003; ronsloan@sunbeltnetwork.com .
Financials
| Asking Price: | $450,000 |
|---|---|
| Revenue: | $528,000 |
| Cash Flow: | $151,000 |
| Downpayment: | N/A |
| Monthly Payroll: | N/A |
| FF&E Asking Price: | N/A |
| Inventory Asking Price: | N/A |
| Financing Available? | No |
Property
Real estate is unavailable for this listing.Other
| Franchise? | No |
|---|---|
| Homebased? | Yes |
| Relocatable? | Yes |
| Year Established: | 2010 |
| Year Acquired: | |
| Full-Time Employees: | 0 |
| Part-Time Employees: | 0 |
| Reason For Sale: | Seller has other business. |