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Successful Social Media Platform For Sale

Oakville, Ontario
Asking Price:
$50,000 (CAD)
Sales Revenue:
Under $100K (CAD)
Cash Flow:
Under $50K (CAD)

This platform can be easily altered to accommodate any type of member based company. The existing site is an online platform that helps people meet new friends. Our members can connect with other members, join groups or create their own groups. Some groups our members have created are Antique Car Club, Charity club, Food & Wine, Retirement Group, a group for people living with disabilities, a Golf group, someone even created a Dating group. We just went live in January and are now at over 700 members without any advertising. It needs advertising but we are out of funds after building the website and setting up the company.

If interested, please contact the seller through the form on this page.

Property Information

Location:

This is an online platform, can be managed from anywhere you have a computer

Premises Details:

Internet

Size in square feet:
N/A
Planning Consent:

N/A

Business Operation

Expansion Potential:

Has over 35 million members with annual revenue of $25 million

Competition / Market:

Meetup.com and kijiji friendship and networking section

Reasons for selling:

Without advertising it gets approx. 20 members per day, it needs money for advertising to speed this up in order for it to generate revenue. We used our funds on developing the complex website, no funds remain to market the company

Trading hours:

Always open, it's social media

Employees:
2
Years established:
2018

Other Information

Support & training:

Buyer can provide training on site functions as well as back-end functions. Website Company that built the site can provide service for any issues or improvements

Website:
Login or register to view link
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

    1. Your Address

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