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- 💻🚀 Digital Profits
💻🚀 Digital Profits
Issue #2
This week, we've curated 4 profitable digital businesses for sale, each offering unique opportunities for success. Dive in to explore these handpicked ventures and find the one that aligns with your vision. Cheers to your future success! 🍻
If you found this newsletter useful, please do use a huge favor and forward this to anyone you think would be interested!
Profitable digital businesses for sale
🌱 Community | Discord & Telegram Cryptocurrency Community
Discover an automated cryptocurrency hub, featuring signal services, pump alerts, and vital information, accessible via Discord and Telegram. This platform operates on a seamless subscription model. Given its stated revenue and profit, this business presents an attractive opportunity with a low earnings ratio of just 0.57x.
One critical aspect to consider is the potential churn rate, common in subscription-based communities, which could range between 30%-50% annually. Notably, this business achieved around $55k in profit during its first year, coinciding with the 2021 crypto market peak.
For those anticipating another surge in the crypto market, this community could be an exceptionally profitable venture. It also offers a strategic opportunity for a profitable exit by flipping it at the next market peak, capitalizing on its growth potential.
Tech Stack: Discord, Linode, DYNO, IFTTT
TTM Revenue: $32.4k
Multiple: 0.57x
💻 SaaS | AI-Powered Tool: Write Google Sheets & Excel Formulas 10x Faster
This tool stands out by expertly addressing a specific need: accelerating formula writing in Google Sheets and Excel. Given the enduring presence of these platforms in business environments, this tool presents a valuable solution for office workers seeking efficiency.
There's significant potential for growth through strategic SEO enhancements, influencer partnerships (e.g., with figures like Kamphey), and pricing adjustments. The current subscription rate of $5.99/month opens up opportunities for exploring various pricing models to potentially double the revenue.
With a consistent revenue growth in the past year, and an asking price at 3x revenue, this investment shows great promise for a B2B-focused tool in the productivity space.
Tech Stack: Laravel, Nuxt, OpenAI
TTM Revenue: $4k
Multiple: 3x
💻 SaaS | Live & Historical Oil Price Data Web App with REST API Access
Explore a comprehensive SaaS solution offering real-time and historical oil price data through a REST API, ideal for businesses and individual users needing accurate, current market insights. The application has organically built its customer base via Google rankings and Twitter presence, without any dedicated marketing or B2B sales efforts.
Listed at a 5x revenue multiple, the application is positioned at the higher end of the market, but with potential for negotiation down to a 3x multiple, it could be an attractive acquisition. API-based SaaS platforms like this have a track record of success, especially when able to acquire high-end B2B contracts. Moreover, there's an opportunity for growth by expanding the data services to cover other commodities like gold, silver, and bitcoin, broadening the target market significantly.
Tech Stack: Ruby on Rails, Vue, Digital Ocean.
TTM Revenue: $11k
Multiple: 5x
📬 Newsletter | Odd Jobs Newsletter
This unique newsletter, focusing on non-traditional job opportunities, presents a promising opportunity for profitability despite its current lack of revenue. With an intriguing concept similar to the popular 'Alts' newsletter, which covers alternative investments, this platform is ripe for quick growth.
Though it's not generating profits yet, the newsletter's niche appeal, sizeable subscriber base of around 4,000, and a reasonable asking price make it a potentially lucrative venture. With effective negotiation, acquiring it for around $5,000 is feasible. Each issue could command sponsorship rates of $160, providing a clear path to revenue generation.
The newsletter already boasts over 100 issues, all of which offer rich content that can be repurposed into blog posts for SEO enhancement. This strategy could transform SEO into a major growth driver. Additionally, migrating from Substack to Beehiiv opens avenues for introducing a referral program – a powerful tool for expansion, given the newsletter's current subscriber count.
Here's a strategic plan for scaling this digital business to a monthly revenue of $10,000:
Transition to Beehiiv and implement a referral program.
Leverage Beehiiv's Boost feature to kickstart revenue generation.
Focus on securing consistent sponsors.
Develop a website to repurpose newsletter content into blog posts, enhancing web traffic.
Integrate affiliate marketing into both the blog and newsletter.
Explore the potential of a private community or membership model for the unique audience of 'Odd Job' workers.
Tech Stack: Substack
List Size: $0
Multiple: N/A
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If you found this newsletter useful, please do use a huge favor and forward this to anyone you think would be interested!
Disclaimer: This newsletter is for informational and educational purposes only and should not be construed as financial or investment advice. Before making any decision to purchase an online business, it's crucial that you conduct your own research and due diligence. Key factors to consider include profitability, traffic, and growth potential.