Business Overview:
If you are looking for an easy to run web site, with nothing to inventory and nothing to ship, you just found it. This site is a free repository of information to the millions of renters in the NYC rental market. The site contains a wonderful blog, and the only NYC landlord review database on the internet. The site has great google ranking (PR4 or 5). (The FF&E is the minimal value of the domain and web site $25,000). Overhead for the site is only $2,800 a year. The seller spends 1 or 2 hours a WEEK witting blog for the site. If you spent a few hours a week contacting management companies and other advertisers, you could seriously drive up the net profit. Owner would stay on for 1-2 years to continue blog and columns to keep marketing and site relevant. Seller will consider an active partner or non active investor. If you have the money, and you feel this is the business you have been looking for, contact Neil Meislin 315 732-1439.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
You can operate this business from any home office, anywhere.
Market Competition and Expansion:
Competition: There are others in the business, but this business has a unique marketing connection, as the owner writes for the NY Times, and can benefit the site. Growth and Expansion: By charging listing fees to landlords and management companies, you can raise the net income by $100,000. You can also increase advertising income with: banner ads, feature management companies, add profile information for a fee. The seller will instruct the buyer on increasing the advertising income.
Reason for Selling:
Seller runs other businesses.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.