A SellerForce® exclusive offer, this is a unique opportunity to own a fast-growing, entirely proprietary technology that has found massive interest within the past few years. Founded and developed by an IT executive of a Fortune 50 company and his partner, a lawyer, the owners have ensured that the company is robust enough to scale while still remaining compliant. This solid, profitable foundation is ready for a new owner to scale the business by actively engaging in Sales and Marketing initiatives, as the current owners spend zero time on this. In addition, the new owner will get to enjoy a business that operates an almost 6-figure net profit, while working less than 1 hour of work per week.
The business is a proprietary fundraising platform operating within the United States, generating revenue from just 5 of the 50 states. This means the new owner has a large runway of opportunity to grow and expand the business.
Donations to the US education sector reached $70 billion in 2021. According to Giving USA, a 60-year-old agency that tracks charitable\ giving data, the entire amount of charitable contributions in the US for 2021 was an astonishing $484 billion.
The beauty of this business is that the current owners have laid one of the sturdiest foundations we have seen for a business to scale. Building their technology in such a scalable way while ensuring all necessary compliance is in place allows a new owner with sharp Sales and marketing skills to come in with tailwinds that will take them (and this business) to newer heights.
The business has enjoyed considerable growth with the regular quantity of their fundraising campaigns, with the average amount that each campaign generates rising by more than 50% to reach nearly $10k per campaign.
With the current operational structure in place, the existing owners only work on the business for a total of less than 1 hour per week. A new owner could devote extra attention to the numerous growth possibilities that exist with this company, while still having the peace of mind that the existing business nearly operates in a turn-key manner.
The current owners have invested plenty of time and effort into creating a proprietary tool that allows each fundraiser to maximize their donations by integrating key features. These include gamification (a leaderboard showing what students are leading the campaign), live streaming of the fundraiser, social sharing, QR codes and much more. With such a strong foundation, a new owner will be able to step right in, easily learn the business and then quickly rinse and repeat a proven process to tackle the 130,000+ K-12 schools and youth programs in the USA.
This is an investment that found its perfect niche and has delivered year after year growth. This provides buyers with a unique opportunity to acquire a fast-scaling business that will deliver a quick return on their investment.
Listing ID: SF213