Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Company For Sale - Mobile Entertainment Provider
LISTING DETAILS
Firms For Sale ID:
32600
Vendor reference:
Ref: ECBS/ 2004/013
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
Undisclosed
Turnover / revenue:
£691,000
Net profit / cashflow:
Undisclosed
OTHER DETAILS
Reason for selling:
Both shareholders remain excited by and committed to this business but they believe that it would achieve stellar growth under new ownership. They are, therefore, prepared to remain in the business either for the transitionary period or longer term to see the business achieve its full potential under new ownership.
Offers are, therefore, sought for purchase of the total issued share capital.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
This company offers a unique opportunity to join one of the fastest growing technology sectors – mobile entertainment.
The global market for this sector is forecast to reach US$67.6 billion by the year 2018, driven by the stellar growth of
portable devices – smartphones, tablets etc. This, combined with expansion in worldwide communications
infrastructures and favourable regulatory environments, is setting the stage for unprecedented growth in the Mobile
Entertainment space in the near future.
The owners have built a highly profitable business in this high growth sector, based on a sophisticated and bespoke
technology platform. Consequently, this company’s business model is both scalable and infinitely transportable,
enabling roll out to new territories and deployment of new services with minimum time and cost.
THE COMPANY
* Mobile entertainment business providing specialist mobile content portals and subscription services.
* Highly profitable and poised for significant growth.
* Extremely high level of recurring revenues.
* Transportable and scalable business model enabling efficient roll out to new territories.
* Sophisticated bespoke delivery platform developed by the company to enable fast deployment of new products and
services.
* Integrated intelligent marketing engine enables cross-promotion of services based on user behaviour.
* Operating currently in Africa, UK and Western Europe.