Reputable & Relocatable Start-Up Raffle Competition Site
- Excellent reputation
- Loyal customer base
- Huge potential for growth
- Low overhead costs
- Wide variety of services
The business for sale is a reputable start-up unique raffle competition site, which is currently based in Leeds but is fully relocatable. The directors spent 6 months building a custom-coded website that offers an entirely new experience in this rapidly growing industry. After this, the company has been operating steadily since November 2020 and has garnered a loyal customer base and an excellent reputation in the sector.
The company also has an affiliate portal, which is a bespoke website that allows affiliates to track their referrals/conversions for our website with a custom pixel. It allows the business to attract commercial referral/commission deals based on converted traffic directed to our website. This type of portal would typically cost circa £10k.
The company uses a virtual currency of Plug Tokens, this allows customers to top up to their account and redeem Tokens against future competitions. The more they spend, the more Plug Tokens they receive. The site has already run 35 successful competitions and has amassed 99 5-star reviews on Trustpilot dating back to May 2020. The business even has an amazing 42% client retention rate, which is a testament to the company’s fantastic reputation.
The current owners have spent around £22,000 on building and marketing the site, which means there will be an almost instant return on investment for the new owner.
The business is currently run from an office in Leeds, but this company is fully relocatable. The new owner should have a great deal of flexibility over their work location.
The company’s bespoke website, large social media following, and database of registered clients will even be included in the business sale, meaning the new owner can get to work straight away and continue to attract a high volume of traffic.
The current owners are happy to stay for the initial transitional period following the business takeover.
With low overhead costs and huge potential for growth, this fantastic business would be the perfect opportunity for someone looking to enter the raffle competition market with a platform carefully and meticulously designed to disrupt.
There is huge potential for growth with this business for someone who has further time and energy to invest in the company. Increasing the marketing budget, advancing the company’s social media presence, and expanding the product lines could all be great ways to attract more clients.
- Office based