This business is offering a 50% sale that corresponds to half of its valuation, due to the imminent retirement of the co-owner. The other co-owner will retain their 50% share and remain active in managing database updates and writing weekly columns. This business provides a subscription-based golf information service, featuring statistics, analytics, scores, and picks for golf research and betting. It operates via its website and an Apple/IOS app. The service has been leveraging data from an authorized source, and is founded by an individual with extensive experience in golf media and statistics.
The subscription service is split into basic and premium plans, with a robust database containing records dating as far back as 1934 for major tournaments. As of May 2023, there are 452 active members, primarily choosing the basic plan and paying on an annual basis. The majority of income is generated during the golf season, mainly through website subscriptions processed via a specific payment service.
Operationally, the site sees opportunities to expand its licensing capabilities, which already bring in a modest income. Additionally, there's an API available for database access. Current expenses include hosting, licensing, advertising, email campaigns, and financial service fees, totaling approximately $16,796.19 annually.
The business assets include the website, related software, a comprehensive scores and results database, domain names, an iPhone app, and membership records. Prospective buyers will need to manage customer service, financials, and technical support or delegate these responsibilities. There's potential for growth through further exploration of data licensing and leveraging advancements in AI technologies.