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Marketplace Startup United States
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An online marketplace for event organizers to discover, contact and book mobile catering services

Asking Price
$14.6k
Multiples
2.9x revenue
Annual Growth Rate
+50%
TTM Revenue
$5k
Profit
$0
Last Month's Revenue
$250
Profit
$200

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United States

An online marketplace for event organizers to discover, contact and book mobile catering services

An online marketplace serves as a one-stop platform for event organizers to find, contact, and book mobile bars for their events. The platform is fully operational with live transactions occurring. It features over 250 mobile bars ready for booking. The focus now is on intensifying marketing efforts and enhancing booking conversions to further drive growth.
Asking Price
$14.6k
Multiples
2.9x revenue
The asking price divided by TTM net profit and TTM gross revenue.
Learn more about multiples
Asking Price Reasoning
Based on the current Acquire quarterly multiples report, we are asking for a 3x TTM revenue multiplier.
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
$5k last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
$0 last 12 months net profit
Last Months Revenue
Total gross revenue last month.
$250 last month gross revenue
Last Months Profit
Total net profit last month.
$200 last month net profit
Customer metrics
Customers
Total unique customers who have made a purchase.
10-50 Customers
Annual Recurring Revenue
The total recurring revenue over the last full month, annualized (MRR × 12). Excludes one-time fees and variable usage revenue.
$5k ARR
Annual Growth Rate
The percentage change in revenue over the last 12 months compared to the previous 12 months.
+50% Annual Growth Rate
Web traffic by Google Analytics
Company overview
Date Founded
December 2022
Team Size
Just me (1)
Business Model
15% commission on each successful event booking 'Premium' accounts pay $49 p/month for marketing perks 'Classifieds' section allows users to list bars For Sale at $49
Tech Stack
Frontend - Webflow Backend - Sharetribe Flex (Marketplace specific software)
Growth Opportunities
  • Increase digital marketing
  • Increase content marketing
  • Focus on SEO
  • Social media marketing
  • Expand to new markets
  • Improve conversion rates
The initial challenge of establishing a marketplace for mobile bars has been successfully addressed, with a significant number of listings already on the site and a strong reputation within the community. The primary goal now is to attract more event bookers to the platform. Up to this point, the site's growth has been fueled without any expenditure on digital marketing. All social media, blog, and SEO content have been self-created and managed in-house, demonstrating the potential of continuing and enhancing free marketing strategies. Additionally, investing in paid marketing channels could further accelerate growth. While the current focus has been on mobile bars, a niche in event catering, there's a substantial opportunity to expand into various other segments of the event organizing industry. Although the primary market has been the US and Canada, the concept has global appeal, with mobile bars also being popular in the UK, Australia, and Europe. Moreover, there are opportunities to increase revenue through various means, such as offering premium services, marketing solutions, and additional service add-ons.
Competitors
  • The Knot
  • Find Mobile Bars
Key Assets
  • Codebase and IP
  • Brand
  • Website
  • Social media accounts
  • Domain
  • Marketing materials
  • Customers
Acquisition details
Selling Reasoning
Some big life changes have meant that I don't have the time to put into the business any longer. It's a shame as I have worked really hard to get it to this point but ultimately I can't give it the time and effort it requires/deserves.
Financing
Bootstrapped.

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