Buy a Business Networking & Software Company For Sale business for sale in Newport Beach on BusinessesForSale.com

  • Advert ID: 615289

Business Networking & Software Company For Sale


Price Reduced

Location:
Category:
Asking price:
$199,000
Sales revenue:
$102,566
Net profit:
$87,775
Years established:
3.5
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.


*HOME BASED*
*CAN BE RUN BY 1 PERSON, PART-TIME*
*NO TECHNOLOGY BACKGROUND REQUIRED*

We are the premier provider of speed networking event software solutions. Our patent-pending software is licensed to chambers of commerce, university alumni associations, conferences, and individuals. Because the purpose of the software is to integrate people, the applications of the software are endless.

Our software allows organizations to hold speed networking events, during which event participants meet other individuals, one-on-one, in 5 minute increments. The software minimizes the work involved in facilitating events and maximizes results for event participants. For instance, attendees can specify which industry groups they would prefer to meet. The software also keeps track of who has met whom so attendees meet new people at every event. After an event, attendees can login to our website and follow up with each other online. Our events are the most time-efficient networking events available and results in overwhelmingly positive attendee feedback.

Our influential client base includes the largest and third largest Chambers of Commerce and the largest alumni association in the US. We have been featured in Entrepreneur magazine, FORTUNE Magazine’s Innovations blog, The Southeastern Association Executive magazine, an 8-page article in Millionaire Blueprints magazine, and numerous regional newspaper and TV coverage.

COGS is virtually zero. When we attain a new client, we give them access through our website to download the software, marketing material templates, software training video, and user manual. Client maintenance is minimal, averaging 30 minutes per day. This company could be run by 1 individual. The monthly burn rate of the company is under $350.

We also facilitate events for conferences and tradeshows, providing an additional revenue stream. Our newly released barcode version was built specifically for the conference and tradeshow market.


Location:
Home based - can be run from anywhere!

Expansion potential:
We have focused on chambers, however endless applications include corporations for team building and training, conferences and tradeshows to integrate attendees and provide additional value to exhibitors, associations for member networking, schools/universities for student integration, and individuals interested in a home-based business.

We have had over 50 international inquiries and have been contacted by interested distributors in Canada, Phillipines and Eurpoe. The software can be modified at a cost of 5K.
Competition / Market:
There are three other known companies that facilitate speed networking events. These include Fast Pitch Networking Networking Match and Extreme Networking. Networking Match and Fast Pitch Networking are simply event planning companies – they do not license proprietary software. Extreme Networking licenses a web-based speed networking event planning tool that offers only a small fraction of the many features and optimizations provided by our software.
Support & training:
We will provide thorough training on the use of the software and the administrative panel of the website. We will also provide an introduction to our clients and the programming company we use in India. We will also give you all marketing emails, flyers, and lists we use to attain new clients.
Reasons for selling:
Owners pursuing new technology opportunity.
Inventory / Stock value:
$700

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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