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SELLER GUIDE
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1,213
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34 Watchers
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Another Service Business Business
SOLD
Sale Assisted By: Lawrence Fidel M&A Advisor, Australia & NZ
Seller Location
United States
Buyer Location
United States
Want to see more like this? I’ve found similar off-market businesses. Let’s take a look.
SERVICE BUSINESS
Currency:
Service Business | Internet
Verified Listing
RentGazer. We have found the problem students face & the solution. The number of revenue generating avenues this business has is UNLIMITED.
Business Location
Site Age
3 years
Monthly Profit
USD $3,656 /mo
Profit Margin
100%
Profit Multiple
2.3x
Revenue Multiple
2.3x
Show all
rentgazer.com
Asking Price (Classified)
Contact Flippa for Price

About the Business

The company at the center of this document addresses a pervasive problem in the U.S. rental market where thousands of students need to exit their leases annually. It provides a solution through a network of two websites and 75 Facebook groups dedicated to this issue. These platforms generate significant traffic, presenting opportunities for enhancing revenue through partnerships with apartment complexes desiring to advertise. Currently, operations require approximately two hours daily, focusing on sustaining traffic flow to the website via these Facebook groups. The company earns an average monthly revenue of $3,582.80 with minimal effort, offering options to post on its platforms for students and their families who need to break leases. Customer engagement primarily occurs through Facebook, with the company being a noted leader in this digital real estate niche. They have organically grown to 671 website members since March 2023 without active marketing efforts. Financial prospects are promising if new management can utilize the traffic for more partnerships and targeted promotions. The business incurs expenses including a premium website plan and a basic e-commerce plan, alongside a monthly Fiverr employee fee. The company has several monetization strategies through its website and Facebook groups, reflected in package offerings priced at $10, $25, and $50, with hundreds of customers capitalizing on these options in 2023. Additionally, a relet takeover program launched in late 2023 attracted 11 customers. This business offers a robust infrastructure with potential for substantial financial growth.
Show all
rentgazer.com
Asking Price (Classified)
Contact Flippa for Price

Vetted 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
About the seller
Michael Quinn
RentGazer
United States
Verification Complete
Email address
Phone number
Government ID

2 transactions totalling USD $100,175

Payment Methods
Escrow.com
FlippaPay
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34 Watchers

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