, Texas 6 views 0 favorites
For sale is a trademarked five-year-old lead generation site that caters to military personnel and their families looking for housing. The business was founded by two military spouses and 80% of its team members are either retired military or military spouses. The business is 100% remote and makes money via two channels: advertising (50%) and referral fees (50%). Their advertising partners represent monthly recurring revenue and span from $500/month to $10K/month (there is approximately $36K per month from the largest six advertisers in recurring ad revenue in addition to the revenue from the smaller advertisers). They make their referral fees via accessing a network of over 2000 military expert vetted real estate agents across the country who pay the business 25% of each real estate commission they earn via a lead the business provided. The business has shown year-over-year revenue growth, boasts a large database of military customer leads, has a strong social media presence (23 city-based Facebook groups with over 50,000 followers) and is run by a stellar team who essentially oversee the daily operations. It is mission-focused and creates a strong social impact in empowering the military spouse community both in employment and in home buying and selling. There are two owners who each hold 50% of the company. However, both of them have full-time jobs outside of the site and only spend a combined 10-15 hours a week checking in with team members and overseeing high-level strategy initiatives, as the team essentially runs the day-to-day operations. Location: Texas Year Established: 2016 Number of Employees: 18 Relocatable: Yes Home Based: Yes Facilities: 100% remote Market Outlook/ Competition: One of only afew military-specific real estate lead gen sites; strong affiliate network Growth & Expansion: Grow advertising partnerships; expand social media marketing
Listed: Apr 18, 2022
Updated: 18 hours ago
Views: 6
Favorites: 0