For Sale:
Business Networking Service and Platform for Professionals
Asking Price: $399,000
Description
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.
Financial Overview
| Gross Revenue | $177,793 |
|---|---|
| Cash Flow | $151,839 |
| Archive Date | 05-26-2019 |
| Status | Archived |
| Year Established | 2012 |
| Employees | 0 |
| Inventory | 1 |
Other Information
| Category | Social Networking/Blog/Forum |
|---|---|
| Industry | Business Marketing |
| Location | USA, Washington (Thurston) |
| Home Based Business | Yes |
| Seller Finanacing Available | Yes |
| Income Sources | Access to Site/Memberships |
Growth
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.
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.