Start-Up Online Lottery/Gambling Enterprise with 10 Domains

Burnham on Sea, Burnham on Sea
REF: S07831

Asking Price:
£2,400,000
Annual Turnover:
TBC
Annual Net Profit:
TBC
REF: S07831

Overview

Tenure:
Relocatable
Established:
2013
  • Start-up businesses
  • Dormant
  • Fantastic growth potential
  • Low overhead costs
  • 10 domains and a Facebook page

The businesses for sale are two start-up companies, Crown Lottery Ltd and Crown Competitions Ltd, which would be suitable for a buyer who wishes to run a thriving online lottery or gambling enterprise, whether they are an existing or new operator.

Established in 2013 and promptly registered as a private UK limited companies with Companies House, the businesses have continually remained dormant but have carefully ensured that they stay up to date with their accounts and filing.

Crown Lottery Ltd and Crown Competitions Ltd are privately-owned companies that are not associated with any other company with similar names. The vendor owns 100% of the enterprises' shares, all of which will be passed onto the buyer.

This is an unmissable and truly unique opportunity to acquire two highly valuable business names that are incredibly difficult to register independently. It is the perfect option for the owner of an existing or new venture in the gambling industry to take on a distinguished set of domain names and matching UK limited company registrations with Companies House. It is suitable for both domestic and international buyers alike.

As a dormant start-up enterprise that is based online, the buyer will have complete flexibility over how and where they conduct business operations. For example, they may wish to move the companies to premises anywhere in the world which suit their needs or choose to run the business from the comfort of their own home.

As well as taking on 100% of the business’s shareholding, the buyer will benefit from inheriting the companies' active Facebook page. The following 10 domain names are also incorporated into the sale price:

Crownlottery.com ; Crownlottery.casino ; Crown-lottery.com ; Crownlotteryltd.com ; Crown-lottery.co.uk ; Crowncompetition.com ; Crowncompetition.co.uk ; Crowncompetitionltd.com ;

Crowncompetitionsltd.com ; Crowncompetitionsltd.co.uk

Furthermore, a transitional period is available to ensure a smooth handover of business operations.

The ideal buyer for these businesses would be someone who wants to run a lottery or gambling business with company names and matching domains which clearly include the words ‘Crown Lottery Ltd’ and 'Crown Competitions Ltd'. It is considerably difficult to obtain a business name with this vocabulary through Companies House in the UK, therefore making this a brilliant opportunity for buyers from both the UK and overseas who have this specific requirement.

The buyer will be able to immediately begin growing the business by developing websites for the domains and incorporating it with their previous lottery/gambling business. Conducting advertising and implementing a social media strategy via its Facebook page will assist in raising brand awareness and attracting new clients, thereby increasing turnover.

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  • Web-based
  • Relocatable
  • Can be home-based
Rent
N/A
Rates
£0
Lease Term
N/A
Lease Expiry
0
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
This business does not require an EPC

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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