The business in question operates in the inflight connectivity sector, delivering up-to-date news and features related to inflight internet from major global conferences and exhibitions. Its primary revenue stream is generated from advertising sales. Over the past five years, the company reported fluctuating net profits: £12,730 in 2015/2016, £29,505 in 2016/2017, £42,680 in 2017/2018, £11,678 in 2018/2019, and £9,632 in 2019 thus far. This business is positioned in a rapidly growing industry as more airlines and business aviation sectors increasingly offer inflight internet services, making it an attractive acquisition proposition.
For potential growth, modernizing the website to be fully responsive is suggested, as it currently offers a mobile-friendly version but lacks full responsiveness. The business boasts high-profit margins, a large customer database, a reputable brand in its niche, and an expansive market. It's well-established and presents opportunities in expanding marketing efforts and developing new features. Day-to-day operations include design and production, reporting, and content marketing, with marketing channels involving email campaigns, sponsorships, and word of mouth.
Assets include brand assets, domains, relevant email accounts, social media accounts, vendor contacts, and website files, among others. However, the social media presence is limited, with 720 Twitter followers and no followers on Facebook or Instagram. Post-sale support is offered, providing new owners with assistance to ensure a smooth transition.