Startup Sphere Weekly #56

A coaching platform for gamers selling for $104,000. Plus, a CRM for financial advisors selling for $296,650.

Hey business nerds, welcome back to Startup Sphere ✌️

I found a couple of interesting businesses for sale this week (duh that’s my job), so let’s get into it ⤵️

Weekly Rundown

Appointment booking software for businesses

Asking Price: $22,800
TTM Revenue: $15,600
TTM Profit: $13,500

This company is an appointment booking software that helps businesses integrate a booking panel on their website and book more meetings/appointments.

This is a fun B2B idea that I imagine aims to increase revenue for its users.

The tool is built on WordPress and has various integrations with Zoom, Mailchimp, and Twilio to automate booking workflows.

The business offers three different pricing tiers, with the most expensive being $249/month. One interesting note is that the company offers a $3,000 website design solution, which has been the primary revenue driver for the company.

There is also a sales team of 7 people already in place. Based on the description it seems like these sellers get paid on a commission basis.

*****

Coaching platform for League of Legends players

Asking Price: $104,000
TTM Revenue: $49,000
TTM Profit: $44,000

I’m not a gamer myself, but sometimes when I see these kinds of businesses I wish I was. This is one of many lucrative gaming coaching businesses that I’ve featured in this newsletter.

The business is a platform with multiple offers, ranging from personalized coaching and courses to a gaming community.

The gaming community is very passionate about their hobby and is often willing to spend money to be better. So I think this is a great niche to be in.

The business has reached $49,000 in revenue mostly from organic traffic, so in my mind that shows me that there is a strong audience and an opportunity to grow with paid ads.

Skill Capped is an example of a competitor.

Would you buy the League of Legends business? Or build it from scratch?

Vote below and share why:

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*****

CRM for financial advisors

Asking Price: $296,650
TTM Revenue: $119,000
TTM Profit: $93,000

If you’ve been reading the newsletter for a while, you know I can’t resist featuring a business that introduces automation to an existing industry.

The company is Ghost Ventures AI and they offer automated solutions to financial advisors to help them grow their business. The description mentions everything from web development, lead generation, and social media marketing. But it seems like their main product is their CRM (although all of these things tie in together nicely).

The company has a team built out (ad manager, developer, and account manager) so there is minimal involvement from the founder.

This business is basically an agency/SaaS hybrid, which I am a fan of. This gives you the flexibility to offer multiple solutions at different price points and upsell when possible.

Cast Your Vote

Which featured business would you acquire?

Vote below and share why:

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Last week’s results: 100% of voters chose the SaaS for managing sweepstakes as the best business to acquire. You can read last week’s newsletter here.

Micro Acquisitions

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Thanks again for reading this week. Many of you may have noticed that I added a new poll in the newsletter. I will call it “Buy or Build“. If you haven’t yet, scroll up and vote.

As always, feel free to reply to this email and let me know what you think about the newsletter.

Till next week 😌

Vlad