B2B eCommerce Events Business, Achieves Growth.
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Asking Price
$320,000
Detailed Information
Dakota County, MN (Relocatable)
Business Description
This B2B digital product eCommerce events business has achieved a TTM revenue of $593K and boasts a forward cash flow of $166K. In just under 4 years, it has acquired a customer base exceeding 10,000 corporate clients. Sales predominantly occur through eCommerce channels, with an average order value (AOV) ranging from $400 to $2,000. The current gross margin stands at 64% and has the potential to scale up to 75% through strategic pricing adjustments and operational efficiencies. The company has successfully expanded into over 20 in-person markets and introduced a new SaaS product that leverages its event hosting content and software. This new product line is projected to generate $85K in Annual Recurring Revenue (ARR) by 2024 with minimal marketing expenditure, offering high-margin growth opportunities. The business is primed for further expansion, with potential for increased top-line growth through enhanced marketing efforts and the development of a more robust sales infrastructure. The future
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Listed By:
Name : Ryan Kohlman
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