An anonymous e-commerce platform specializes in the provision of custom geo-filter designs for Snapchat, featuring three primary revenue streams. The first stream, generating passive income, allows users to create and download geo-filters for $3.49 using a freemium model. The second stream involves direct sales of professional geo-filter designs with user input, processed seamlessly via a designer. The final stream offers a submission service to Snapchat, with profits ranging from $15 to $60 depending on the area size requested by the user.
The sale of the business includes two SEO-optimized domains, crucial for maintaining high search engine rankings linked to popular keywords. Hosted on WordPress and Unbounce, the website is user-friendly and manageable without extensive programming expertise. Operating costs include subscriptions to Unbounce, Typeform, and Google Email, alongside hosting fees.
The business owner is selling to focus on a new venture, ensuring that financial and operational transparency remains available, including revenue tracking and tax documentation. The geo-filter website, competing with few others, differentiates itself by offering both DIY and professional design options.
Ongoing costs include designer wages and platform subscriptions, while optional expenses like Unbounce could be cut by utilizing Wordpress. Growth opportunities lie in partnerships with event planners and potential global expansions as Snapchat enhances its on-demand offerings.
Support for new owners, along with a 3-year non-compete agreement, is available to ensure a smooth transition. The business targets key regions, such as the USA, Canada, Australia, the UK, and Saudi Arabia, with potential for further expansion.
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1. Agreements & Contracts.
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