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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Network Of Video Websites For Sale

Location  California,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $834000
Net Profit / Cash Flow  $634000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2002
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  Yes, 90 days.
Reason for Sale  Peace corp mission.
Description  This is a unique opportunity to purchase a high grossing network of video websites that was established 9 years ago. The content of these sites includes videos, editorials, and various entertaining media. The site has grown every year in profits since its inception and currently receives over 1 million hits per day. The site is easy to run and takes less 3 hours a day to maintain. With a great reputation and a very strong name in the entertainment world, this is a huge opportunity. The network of sites Grosses over $600k, with a Net cash flow of $450k + per year for the past 5 years. Over the past 5 years this business has been run by one person. Some basic knowledge of the internet is suggested but not needed. Business is 100% relocatable. Future potential is limitless and has already begun production on 3 new revenue streams that could produce an additional $500k annually within next 12 months. Expenses are 20% of gross sales roughly. Contact for more information on this Video Websites business for sale.
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