openingmaster.com

Website for sale

Starting price Reserve: $100,000

$100,000 USD

8 days left
$
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The largest human chess database and subscription website on sale

The largest human chess database with 26 million games website service since 2006. Together with Chessbase (GER) and Chess Assistant (RU), Openingmaster (SVK) is among top 3 suppliers worldwide.

At a glance ?

Touch a value for a description

Site Type
eCommerce
Platform
Joomla!
Site Age
9 years

Traffic ?

Page Views
1,387
Unique Visits
536

Financials ?

Gross Revenue
$611
Net Profit
$511

Traffic ?

Uniques Page Views
Jun 17 453 1,151
May 17 523 1,564
Apr 17 634 1,447
Mar 17 71 185
Feb 17 0 0
Jan 17 0 0
Dec 16 0 0
Nov 16 0 0
Oct 16 0 0
Sep 16 0 0
Aug 16 0 0
Jul 16 0 0

Traffic Health ?

Pages / Session
2.21
Avg. Session Duration
00:01:41
Bounce Rate
64.12%

Top Channels ?

Page Views % of Total
Organic Search 688 60%
Direct 225 20%
Referral 200 17%
Social 38 3.3%

Top Countries ?

Page Views
United States 226
Germany 98
India 58
United Kingdom 51
Russia 35

Financials ?

Monetization Methods

  • This website earns revenue with Product or Service Sales. It is recommended to request a video walk through from the seller to verify all revenue claims.

Last 12 Months Claimed Revenue and Profit

Revenue Costs Profit
Aug 16 $421 $100 $321
Sep 16 $602 $100 $502
Oct 16 $2,070 $100 $1,970
Nov 16 $963 $100 $863
Dec 16 $492 $100 $392
Jan 17 $400 $100 $300
Feb 17 $417 $100 $317
Mar 17 $274 $100 $174
Apr 17 $423 $100 $323
May 17 $782 $100 $682
Jun 17 $623 $100 $523
Jul 17 $429 $100 $329

Seller's Notes

What is included in the sale?

Website domain, license transfer of the largest human chess database, knowhow, admin, clients, marketing agreements with chess federations, 11 years in service, many chess clients

What is required to keep the business operational?

continue updating chess database, need to have chess player (preferably Grand Master) who understands chess databases, work on SEO of the wepage and marketing.

Why are you selling the business?

The original creator and founder Alexander Horvath (SIM ICCF) passed away (59), and his son lost passion continuing this chess business, the website is declining in sales, it needs new fresh ideas

How does the business generate revenue?

Annual Subscription based or advertisments

Are there any expenses for the business? If so, what are they?

Around 100-200 to collect and update the chess database. Around 2-3 days of time during the month, hosting of the databases

What marketing initiatives have been used for this business?

Chess federations marketing agreements with ICCF global, ICCF US, Great Britain, Scotland, Czechia, Slovakia, Romania, Israel, Turkey, Argentina

How can the future owner improve the business?

Work on SEO, marketing, advertising, partnering with global players

Site Info

Site Established ? December 2007
Built With ? Joomla!
Google Analytics Detected ? Yes
More info: BuiltWith

Domain Info

Domain Registered ? 12 December 2006
Registrar ? GoDaddy.com
More info: Wayback Machine and Whois

Site Uniqueness

Content Unique ? Yes
Design Unique ? Yes
More info: Plagspotter and Copyscape

SEO Presence

Pages In Google ? 133
MajesticSEO Inbound Links ?
SEOmoz mozRank ?
Alexa Rank ? 1,116,547
More info: SEOmoz and SEMRush

Comments

Px48x48 avatar 7b9f0bee 0d73 42f6 83ce c8668c8abb27
budfit ( new )
Wed, 02 Aug 2017 07:51:42 AEST

Please only serious chess or business buyers. Although the sales don't add up now, the business has great potential and you are also buying a license to hold and sell the worlds largest human chess database. Serious buyers may counter offer. Good luck. Alexander Horvath, co-founder openingmaster.com

Noavatar
Aqua Premium ( | $32.9K )
Mon, 07 Aug 2017 17:57:32 AEST

Is this a joke? :)

Px48x48 avatar 7b9f0bee 0d73 42f6 83ce c8668c8abb27
budfit ( new )
Mon, 07 Aug 2017 20:03:35 AEST

@Aqua Premium can you be more specific why do you consider it a joke? Google Analytics was never part of the business (never needed it and set it up recently) and sales dropped dramatically since the main founder passed away. This has value maybe more for chess players (300 million customers worldwide) than typical e-commerce because you are also purchasing 11 years of chess database development and license to the the largest human chess database as a product. Little bit of SEO and passion and your ROI is 2-3 years.

Noavatar
Aqua Premium ( | $32.9K )
Mon, 07 Aug 2017 20:13:39 AEST

Considering the average monthly revenue of $600, you're asking for 400x that. A perfectly healthy business with complete track record could potentially get sold for 20x monthly profit (on its best day). You must be delusional :)

Noavatar
Aqua Premium ( | $32.9K )
Mon, 07 Aug 2017 20:16:46 AEST

If I were to buy your business right now, it would take me 35 years just to make my money back.

Px48x48 avatar 7b9f0bee 0d73 42f6 83ce c8668c8abb27
budfit ( new )
Mon, 07 Aug 2017 22:25:33 AEST

@Aqua Premium you are buying potential don't forget that. (as with many websites) I explained the lower sales for last 12 months. You could be making 10 fold given the right focus. Plus you are buying also a full license transfer to a product which you could not be legally selling yourself since you don't have track of record of collecting the games for last 12 years. As I said for some it has value for some it does not. If it does not have the value for you, just move on to other businesses.

Noavatar
Aqua Premium ( | $32.9K )
Tue, 08 Aug 2017 01:24:29 AEST

@budfit Why would anyone spend quarter of a million on a potential without any viable proof? The odds of the success of this potential are probably as high as finding a million dollar winning lottery ticket on the street. This is ridiculous.

Px48x48 avatar 7b9f0bee 0d73 42f6 83ce c8668c8abb27
budfit ( new )
Tue, 08 Aug 2017 03:09:08 AEST

It think you have financials wrong. The starting price is 100K, not 250. And you are buying a product which you are not familiar with and has zero value to you. It's free market, the buyers decide. You decided not, so allow others to decide. We know the value of our offer. I am not deleting this conversation, so others can follow up. I am happy to answer any question related to the product or offer.

Noavatar
technopaul ( new )
Fri, 11 Aug 2017 12:08:12 AEST

I love chess and I play chess but this thing is too expensive.. There is a huge market for chess players .. however, considering the competition in that niche.. this website won't stand for long. There are big names in the industry which should be considered. I understand its potential but the price is too high but don't get me wrong you have a great website.

Px48x48 avatar 7b9f0bee 0d73 42f6 83ce c8668c8abb27
budfit ( new )
Mon, 14 Aug 2017 06:57:22 AEST

Dear Technopaul. Thanks for the comments. I agree with the huge market. There is approx 300-500 millions of chess players worldwide and many areas are now getting strong IT support (internet speed, bandwidth, computer literacy), more chess players require strong chess DB for their daily analysis. No more books to read, everybody is online and in the cloud. Currently there are only three official Chess Database builders - Chessbase from Germany, Chess Assistant from Russia and Opening Master from Slovakia. The first two stick to their chess database software and thus offer only CB or CA extensions while Opening Master offer CB, CA and PGN files to download and use. We are selling the existing client base, international federations marketing agreements and of course potential to do it much better and bigger with a ownership license to the OM GOLEM which is still the largest human chess database (without duplicates and without computer games). The 100K asked is fair price to what this product and website can do in the future.

The Seller
Px140x140 avatar 7b9f0bee 0d73 42f6 83ce c8668c8abb27 budfit Alexander Horvath

new

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  • PayPal
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