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Pocket Deals #3
Bizness Breakdown: Medication locator for travelers
Bizness Breakdown: Medication locator for travelers
Whats up guys welcome to Pocket Deals #3!
According to our changes do to Pocket Deals #2 being sold an hour after the newsletter. You must be subscribed to the premium version of the newsletter to get access to the link to the listing. (just $200 for the year to get 1-3 businesses for sale every week)
Today's bizness breakdown is a medication locator for travelers which has a vast medical database of essential drugs
Asking price = $140,000 (2x profit and 1.8x revenue)
Peak sessions (in a month): 698.77k
Sessions last month: 271.75k
Average bounce rate: 38%
Average session duration: 1m45s
How this works:
The website prompts users to input the medicine from their native country they’re looking for in another country. Based on the chemical composition and active ingredients, the medicine that matches the exact same composition, after-effects, etc is then displayed
Revenue drivers:
Primary sources of income include Google ads and Ezoic Google ads extension whereas the major expense goes out in server upkeep and link building
In the last 12 months, the startup has generated $76,000 in revenue with a profit of $70,000. In the previous month alone, it achieved $4,000 in revenue, resulting in a profit of $4,000 with a 92% profit margin annually!
Pros of investing in this startup:
Strong and a niche user base
Medical Database and other Intellectual Property included in the sale
Potential for growth through targeted marketing and collaborations
Cons of investing in this startup:
Over-reliance on Google Ads for revenue
Specific target market, requiring focused marketing efforts
(Would recommend people with experience in medicine to go ahead with the acquisition)
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