Business For Sale

Business Networking Services & Platform

Not Disclosed, WA
Thurston County


Asking Price: Annual Revenue:
$450,000 $178,215

Technology: Business Services (B2B)


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RE: Business Networking Services & Platform Broker: Seller of Business
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $450,000
Annual Revenue: $178,215
Net Profit: Not Disclosed
Cash Flow: $153,646
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: Not Disclosed
BBN Listing #: 578117787
Broker Reference #: 13472

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Business Overview:

Business Networking Service and Platform for Professionals

Business networking is sorely lacking today. Experienced, successful business professionals need and want to network/connect with other well-connected experienced professionals but are challenged to find a quality networking community because traditional networking organizations 1) lack good networking and collaboration technology, 2) lack exclusivity because of low entrance qualifications, and 3) have issues with trust between members because they focus on pushing leads before a business relationship is formed.

This business is a nationally expanding business networking community where exceptional business professionals can network on a highly professional level and act as a resource for each other. Their vision is to provide a higher-level networking technology platform, combined with a face-to-face meeting format for professionals to connect, meet, interact, provide resource and share business success. The company’s relationship networking model is a refreshing change from traditional networking organizations since their business communities are exclusive, formed with very experienced professionals, who focus on a higher level of networking, sharing knowledge and building lasting business relationships. Their networking platform was designed for the busy and successful professional who wants to connect daily through great collaboration technology yet have the opportunity to meet face-to-face once monthly. The combined effect of next generation networking technology and the monthly face-to-face meetings is powerful and increasingly effective for the professional who wants a better and meaningful networking experience.

The business generates revenues through memberships which allow members access to the website’s custom-built proprietary software, monthly in-person area-member discussions and other group meeting & events. The cost structure for the company is minimal allowing for high profit margins at around 85% for its corporate groups. Similarly, the Franchise System was designed to provide high margins in the 70 to 75% range for franchise owners after franchise royalty fees.

Launched in 2012, this business has a proven concept through the success of its established corporate member groups and is currently on the precipice of exploding growth through the sale of its franchises. This company offers a business opportunity that is the ideal business model for experienced business leaders who want to be part of a next generation networking platform and who want to lead an exceptional business community of 100 to 300 professionals . The franchise opportunity has many benefits and advantages over traditional brick and mortar franchises that require big capital for equipment and real estate, hiring and training of employees, and sometimes having to learn sophisticated operations. This business opportunity offers technology that is second to none, is low cost, high margin, can be run from a home-based office, has no inventory, requires very little start-up capital, yet has tremendous earning potential.

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Market Competition and Expansion:

COMPETITION Having created an exclusive (by invitation only), higher-level networking community for experienced professionals that fosters knowledge sharing & collaboration, there are no other main competitors in this niche. GROWTH AND EXPANSION In the beginning stage of selling franchise licenses, this company is poised for explosive growth. Timing of acquisition is ideal to get in on an established model and yet at the ground level to capture the success of expansion with the new franchise business system! In addition to selling the newly developed franchise system, some other strategies to future growth include: expand to new areas, expand in existing areas, add events for a fee and add sponsorships.

Reason for Selling:

Pursue Other Interests.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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