Pending

Sports Betting Website | Subscription Model | Expert Picks on Games | 63% Profit Margins

Custom Shirts, Hats & More | Multi-Channel

Asking Price:

$198,000

Sales:


$88,550

Profit:

$56,192

Year Established:

2021

Multiplier:


3.5

SellerForce® presents a booming sports handicap subscription website that operates in the recently legal and thriving sports betting industry. The owners have developed a proprietary winning model that simulates each game with current statistics, injuries, odds, and more, assuring the most accurate predictions.

The mathematical, trend-driven pick algorithm is historically proven, CPA-verified, and perfected with human touch. With a vast trends database that few can access, the company has a significant advantage over competitors. The platform issues 1, 3, or 5 picks daily, depending on the total number of sports and games available, and plays primarily small favorites, slight underdogs, and totals. Each day, subscribers also receive the highest-rated pick based on arbitrage and verifiable trends. Services offered on the website include five sports and eight subscription options. All subscriptions are available as one-time purchases, but the vast majority of clients renew consistently. As a result, the business enjoys recurring revenue and boasts 63% net margins.

Stilch acquired 30k subscribers organically through daily activities. Additionally, they acquired a separate database of VIP-caliber sports bettors legally. Lead generation is also driven via email marketing. The typical customer approaches sports betting as an investment and seeks professional guidance through a proven system or strategy. Notably, operating expenses are minimal, and the business is self-sufficient, with only $1,000 currently required monthly. Any necessary working capital would be contingent on a buyer’s level of commitment to grow the company.

Management dedicates between 5 and 10 hours weekly to the business. Primary tasks comprise creating the daily picks list, emailing it to clients, and entering them into an online tracking database. One part-time employee works as a customer service representative, and two independent contractors are responsible for the website, software, and plugin updates, as well as social media, API management, white labeling, and CAN-SPAM compliance.

This turnkey venture, operating in one of the most explosive industries, has tremendous scale potential. The addition of more popular sports, like soccer, NHL, USFL, MMA, and golf, could substantially boost the bottom line while partnering with sportsbooks, social media influencers, and media outlets present avenues to increase brand awareness and revenue.

 

Listing ID: SF426

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