Creator Paysite SaaS Business
SaaS Platform Empowering Content Creators to Earn
*Public asking price at the time of sale. Actual sale price is subject to non-disclosure.
Business Snapshot
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Listed on Broker.xxxMay 02,2024
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Members:3,200,000
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Multiple1.47x
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Revenue$ 1,700,000
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Business Age:5 Years
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Platform:Custom
Overview
Be ready for the next evolution of the creator economy. This business listing is a creator website building platform used for independent mainstream and adult content creators. It provides standalone websites for independent creators, outside the stigma of OnlyFans. Projected profit for 2024 based on YTD is $1.7M!
The platform provides turnkey solutions to manage design, billing, membership management, marketing and more. Over 3.2 million customers have used the service to create accounts, and around 600,000 have made at least one purchase. A key benefit is added discretion compared to Only Fans and the ease and convenience of top billing companies like CCBill, ECSuite, SpotOn, and ForumPay (for crypto transactions). Currently there are over 100 active sites built and hosted on the platform.
The creators who use the service are each provided with their own custom website allowing them to monetize their audience through subscriptions, unlockable content (upsells), live streaming (open to subscribers or privately 1-on-1), chat, and tipping. Each website is designed and branded specifically to the creator with their own domain. Profit is generated on a revenue share basis with each creator. Each site taps into the audience of the creator, bringing traffic from social media, organic search, and paid advertising.
Launched in 2019, the platform profited highly from the creator boom brought about by COVID lockdowns and has been able to turn out a site around in 10 days per creator.
This platform is the future of the OnlyFans revolution - creators, models, performers having their own independent websites. This company has the technology platform, discreet mainstream-friendly customer billing, and a scalable business.
Details
Key Features
- 1.47x Multiple (Based on 2023 Adjusted Profit)
- 100+ Active Sites
- 3.2 Million Customer Accounts Created
- ~600,000 Clients Have Made at Least 1 Purchase
- Amazing 10 Day Turnaround for Creators
- Cash Flow Positive
- Used by Top Agencies
- Launched Before the Height of the Creator Boom
- Full Service and Turn Key Features
- Discrete Billing
- Passive Income / Low Time Commitment for Owner
Why is it being Sold?
The Seller's focus has been outside the core business operations and would like to pass the torch to someone who can take the platform to the next level. Depending on the deal with the acquirer, may be interested in remaining on board to operate the business.
What is included in the sale?
- Domains
- Websites
- Social Media Accounts
- Knowledge Transfer (training and teaching how everything works)
Financials
Overview:
Projected revenues for 2024 (based on YTD 2024) is $1,700,000+
- Revenue in 2023 was $681,000 per month in gross sales, property earns a 20%-40% commission.
- The profit margins are adjusted to exclude profits paid to ownership and partners, and one-time legal expenses.
- There is a team including Developers and Custom Service Professionals in India that costs ~ $15,000 per month.
Revenues & Expenses:
- Custom coded, built with React v17.0.2 (Front-End) and Node v18.17.1 (Back-End).
- Database: MongoDB v5.0.25, Currently 13 clusters used.
- Content Delivery Network (CDN): Amazon CloudFront.
- Hosting: 25 Servers, Amazon EC2 instances hosted in the region of North California USA (us-west-1), All hosting is currently on AWS and can be transferred.
Service Providers used:
- HostGator
- Amazon services
- MongoDB Atlas
- Google Analytics
- Google Recaptcha
- TinyPNG
- Sentry
- SendGrid
- CCBill (Payment)
- Sticky.io (Payment)
- Forumpay (Payment)
- Bitbucket
- Rundeck
Web Traffic
*Public asking price at the time of sale. Actual sale price is subject to non-disclosure.
Business Snapshot
-
Listed on Broker.xxxMay 02,2024
-
Members:3,200,000
-
Multiple:1.47x
-
Revenue:$ 1,700,000
-
Business Age:5 Years
-
Platform:Custom
This is an exclusive private listing.
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Monetization
This seller monetizes the website using the following.