Business for Sale Overview:
Unique Tech Company offered for the first time, "Think u-tube". This Digital Video Interactive Platform Company (VIP) is a solution that allows sites to manage their videos, and display them for their users to see through an interactive video player. Cost of development exceeded $300,000. Previous years had over a million in revenue and can be relocated anywhere. The business comes with a 1 year training and support. Sites who have VIP can use an easy-to-use but robust admin to upload their videos, which can be in any of the most common formats (Quicktime, AVI, MPEG, WMV), which will then be displayed in the video player on their site. They can create playlists, organize, and manage their videos, and users of the site can virally share them with their friends, and download them (if the sites wishes) to their computers and/or mobile devices.
VIP contains 4 parts:
1. A CMS (content management system) for video inventory.
2. An encoding engine, which also encodes into mobile (they have a proprietary mobile database which includes all the top cell phones and PDAs - iPhone, iPone, Sony PSP).
3. Storage space and CDN traffic - packages available based on usage.
4. An interactive video player.
VIP also has a commerce engine built in, so sites could sell videos to users if they want (for example, educational material/videos for sale). The business model is to license this technology, and the company currently has $95,000 of annual recurring revenue from its current licensees. This business can easily gross over a million dollar with the right sales force selling to ad firms, ISP providers, hosting companies, and networks.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.