Marketplace

listed by broker
Outdoor advertising
Founded in
2012
Desired valuation:
Open to offers
Description
We are a vehicle advertising company that pays regular drivers to place a small advertisement in the back window of their vehicle. Businesses and affiliate networks pay us and we pass that revenue through to the drivers. Drivers pay $10/mo membership for the service and make between $2 and $20 in cash per month along with $150 in gift cards.
Featured metrics
Average order value for new drivers is $50, $80k/mo in recurring revenue and acquisition costs per driver about $35.
Selling details
Type of shares
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Reason for selling
I’ve been a solopreneur with this business since 2012. I’ve built it some amazing tech but I’ve completely run out of energy to scale it further. I’ve already started my next business and I consistently find myself working on the new business instead of the more profitable business. It’s time for me to move on.
Preferred acquirer
Businesses or investors who understand selling B2B and or affiliate marketing will do exceptionally well.
Aspirations & growth opportunities
The business could be a major player in the outdoor advertising space competing with billboards for advertising spend. The business could quite easily 5x from where it is now.
Business details
Business model
Subscription revenue and one time charges
Customers
8000 (people in the US aged 18-55 with a vehicle and businesses interested in advertising)
Competition
Wrapify
Operational details
Technology stack
Unbounce, SQL, PHP custom code
Marketing spend
$ 600 K (Google, Facebook, affiliate networks)
Performance tracking tools
Google Analytics, Other
Financial details
Ownership structure
100% (me)
Last month's revenue
$ 240 K
Last month's profit
$ 35 K
Financial records
Annual P&L summary reports, Online reporting software/tools
Metrics
TTM revenue
$ 4.2 M
TTM net profit
$ 500 K
Based in
AMER
Team members
11-15
Acquisition type
Any
Desired valuation
Open to offers
Message Owner
6331fec856b4a00004fae934
Message Broker
6331fec856b4a00004fae934