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SELLER GUIDE
1 Comments
2,600
Views
15 Watchers
Watch
Another Website Business
SOLD
Sale Assisted By: Nick Carlucci M&A Advisor, North America
Seller Location
United States
Buyer Location
Germany
Want to see more like this? I’ve found similar off-market businesses. Let’s take a look.
WEBSITE
Currency:
Website | Entertainment
Verified Listing
UrbanMatter, Inc. - Chicago-based digital media platform dominating local news and events. Join us to expand and thrive in the urban media landscape.
Business Location
Site Age
9 years
Monthly Profit
USD $15,159 /mo
Profit Margin
58%
Page Views
385,799 p/mo
Profit Multiple
2.1x
Revenue Multiple
1.2x
Show all
Managed by Flippa Sponsored
urbanmatter.com
Asking Price (Classified)
Contact Flippa for Price

About the Business

A digital media platform based in Chicago has become a leading source for local news since its inception in 2015. It aims to provide comprehensive, up-to-date information on the city's neighborhoods. Demonstrating significant growth, its user base and online presence have been expanding rapidly, marking it as a fast-growing company in the media industry. Year-to-date metrics for 2023 show 1,440,411 users and 1,646,337 sessions with an average time on page of 2 minutes 35 seconds. Historical data from 2021 and 2022 show fluctuating figures with a high bounce rate and varied session statistics. The company's revenue strategy hinges significantly on sponsored content and contextual links, contributing about $25,000 monthly. Additionally, Google Adsense brings in $2,500 to $6,500 monthly depending on pageviews, with the majority of revenue stemming from a general site. Through multiple strategies including link-building, the platform garners around $35,000 monthly, with plans for increased profitability once certain recurring agency expenses are eliminated. Operations involve high daily volume management, from lead processing to content publication, typically requiring 45-60 hours weekly from its lone employee alongside a small team of freelance writers. Potential growth areas include expanding the workforce to focus on specific content-related opportunities unique to the Chicago market, scaling guest posting, and adopting models akin to popular media formats. The financial data indicate significant past expenditure on marketing services, which has been reduced to enhance profitability. Opportunities for scalability exist but require strategic hiring and realignment of operations to unlock full potential.
Show all
Managed by Flippa Sponsored
urbanmatter.com
Asking Price (Classified)
Contact Flippa for Price

Vetted + Data Verified Listing

This quality listing has been vetted by the Flippa team or the broker to ensure accuracy of the information provided.

Our vetting team has reviewed this listing and verified:

  • Revenue
  • Primary Expenses
  • Traffic

The seller has also connected the following data integrations:

  1. Paypal

About the seller
Wilbur You
United States
Verification Complete
Email address
Phone number
Government ID

1 transaction totalling USD $390,000

Payment Methods
Escrow.com
FlippaPay
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1 Comments
2,600
Views
15 Watchers

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