Description
OFF-MARKET ‘Q3 2022
Branded Trademark Fantasy Football Sports App & Community
Los Angeles, CA (Los Angeles County)
Seller Financing Available
Asking Price: Competitive Auction Format
Cash Flow: $15,000
Gross Revenue: $27,000
EBITDA: N/A
FF&E: N/A
Inventory: None
Established: 2001
Employees: 1
On over 250,000+ active devices, the developers of the leading iOS & Android player line app is seeking to transfer their baby to a passionate entrepreneur or a fantasy sports company or sports gaming business. Includes custom-built back-office dashboard, chrome extension, a loyal community of sports enthusiasts that are passionate about their fantasy. Peak performance at over 44,000 Daily Active Users, mainly on maintenance mode now so this opportunity is crying for fresh attention and dedicated resources to the platform and base of loyal users. Very unique story, in 2001 came up with the idea of daily fantasy football contests, even filing a patent in 2003 long before the big boys DraftKings and FanDuel even existed!
Platform provides content aggregation, real time fantasy news and insights, crowdsourced predictions this app is a powerhouse. 71% of the users compete in 1-3 DFS contests every week, with the average user visiting the app at least 3.5x a day. Sale includes the trusted, memorable brand with all trademarks, IP, domains, social profiles, custom-built back-office dashboard, and a highly-rated and innovative, proprietary mobile app for iOS & Android that serves a loyal community of sports enthusiasts. NDA is required {SUBMIT BELOW} to secure comprehensive Confidential Information Memorandum (CIM).
Facilities:
No facilities. It’s an app. Portable.
Competition:
Unique business model.
Growth & Expansion:
As stated this has been on maintenance mode for a few years.
Financing:
TBD if structure and terms are acceptable.
Support & Training:
To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed to be negotiated.
Reason for Selling:
The Sellers are looking to focus on their core business and see the app thrive under new management.