SOLD

Video Chat & Dating Tech Company

Price $7,950,000.00

This is a dream acquisition! Projected Annual $2.2M EBITA

Video Chat

  Site Information

  • Listed on Broker.xxx: October 7, 2020
  • Date Registered: February 13, 2019
  • Registrar: OVH
  • Monetization Methods:
  • Platform: Custom

  Details

What is a Live Video Chat/Dating Technology Company & Why should someone buy?

This is a dream acquisition! Projected Annual $2.2M EBITA!

Webcams and Dating are the two of the most lucrative segments of the adult industry, and this website and company’s offering is marketed as non-adult, but is adult in nature.Because of the way this website has been developed and marketed, the company is extremely valuable as a mainstream offering that attracts people who don’t like “spending money for porn” but their communications with their matched webcam partner often leads to nudity and sexual content. This is a huge revenue generator for the website and company. The business grossed $5.5M during 2020 alone.

The platform matches partners with their desired partner (male, female) for video chat, without the typical “sausage party” of men being randomly matched with other men. There are over 4 million members from over 100+ countries, so there is no shortage of women on the website. In seconds, you can meet someone special from around the world.

This is a private listing. We have protected the seller’s websites from public disclosure. 

If you are interested in learning more about this property, you will need to sign our non-disclosure agreement by contacting us.

 

Why is it being Sold?

The company has grown quickly. Due to this, the company is entering a new phase of growth, hiring, and scalability.The owners are well prepared and continuing regardless if a sale occurs.

The company is currently hiring additional techs and executives needed to continue the company indefinitely. A new CTO has been hired that will allow the company to continue to scale.

The seller is interested in an exit by acquisition by another company. The potential transition scenarios include the current team staying on after purchase, or exiting after knowledge transfer.


What is included in the sale?

This is a unique acquisition opportunity as the entire EU-based company is for sale, not just the website.You are purchasing everything from the technology stack, merchant and processing accounts, corporate structure, all the way through to the media and marketing department.Most importantly, knowledge transfer is included, or you can acquire the existing team and negotiate accordingly.


Technology

The website’s tech stack currently includes:

  • AWS Hosting*
  • MongoDB

*Many companies begin with AWS for their hosting, but it is one of the most expensive offerings. By switching to MojoHost for hosting, it will significantly reduce the hosting and web technology costs. MojoHost is available to discuss and move the website seamlessly to their hosting to increase your profits after purchase!


Revenues

The revenues and income growth for this company are especially impressive. Opportunities with this level of revenue are rare.The company has a current growth rate of 200% year-over-year (YoY) and has 16 months of consecutive revenue growth (since inception). This company is on fire!


2019 Revenues (Gross)

  • 2019 May $32,298
  • 2019 June $104,912
  • 2019 July $136,448
  • 2019 Aug $168,631
  • 2019 Sept $197,252
  • 2019 Oct $238,535
  • 2019 Nov $239,810
  • 2019 Dec $260,502

2020 Revenues (Gross) $5,517,130 Total

  • 2020 Jan $280,090
  • 2020 Feb $300,840
  • 2020 Mar $360,356
  • 2020 Apr $466,662
  • 2020 May $497,137 (1,439% Growth YoY)
  • 2020 Jun $486,201 (363% Growth YoY)
  • 2020 Jul $508,564 (273% Growth YoY)
  • 2020 Aug $511,236 (203% Growth YoY)
  • 2020 Sep $452,014
  • 2020 Oct $512,747
  • 2020 Nov $524,134
  • 2020 Dec $577,839

At the current growth rates (from Aug 2020) the projected revenues may be;

  • 2021 Aug $1,037,809 (203% Growth YoY) = $12M in annual revenues
  • 2022 Aug $2,106,752 (203% Growth YoY) = $25M in annual revenues

 

Traffic

The website is currently receiving over 2 million visitors per month.

 

As value-added, here is what is being offered with the listing

  • The website network may be transferred to MojoHost at no additional charge (will make the transfer seamless and you don’t have to do anything).
  • We will connect you with a new alternative processor / credit card biller who may provide a lower process rate (increase margins and make the websites more money).
  • A $5,000 advertising credit will be provided by JuicyAds to get traffic flowing to the websites once purchased and transferred.

 

Click “Buy Now” to contact us if you are interested. An NDA will be required as the next step.

Gross Revenues

sold graphic

*Public asking price. Actual sale price is subject to non-disclosure.