Business Highlight:
Business Coming Soon!
Profitable marketplace with $887,915 in TTM revenue and $186,734 in TTM profit that is an online tutoring and homework help with over 3,000 tutors online, run by itself, world-class UI/UX. Customers LOVE this business, and they love our tutors! This business has 10,926 customer testimonials/ratings, and 87.6% are 4.5 Star and above! Tons of potential, looking for buyers with better marketing skills that will take this business to the next level.
✅ $887,915 in TTM revenue
✅ $186,734 in TTM profit
✅ Competitors: Chegg
Company Features:
This business is a homework and school project tutoring marketplace with a unique twist. While most of its competitors require a monthly or annual subscription, this business has taken a more “Student-friendly” approach where the student can post their study needs on the platform, and tutors from around the world can “bid” on providing the assistance. Posts can be as small as a simple math question, or as big as help with an entire semester science project. It’s essentially the “Upwork” of tutoring services!
Customer satisfaction for this business is very high, as the fees paid by the students are held until the customer is satisfied with the service they have received. Once completed and approved, funds are released to the tutor, less a 30% charge for use of the platform.
This business has been run on “autopilot” for the past year, with the current owner only working an hour per month(!), yet the business still grossed $887,915 in revenue and netted $186,734 in profit! And this is with ZERO advertising costs! For a new owner who understands online marketing, this business can be a goldmine. Target audience: High school AND university students
Business model and pricing: Bidding, The platform takes 30% fee from students.
Tech stack: This product is built on AWS
- Acquisition Financing of $350,000 Pre-approved for buyer! (term sheet available)
- Additional 3rd party financing may be available, contact us for details
Profitable marketplace with $887,915 in TTM revenue and $186,734 in TTM profit that is an online tutoring and homework help with over 3,000 tutors online, run by itself, world-class UI/UX. Customers LOVE this business, and they love our tutors! This business has 10,926 customer testimonials/ratings, and 87.6% are 4.5 Star and above! Tons of potential, looking for buyers with better marketing skills that will take this business to the next level.
✅ $887,915 in TTM revenue
✅ $186,734 in TTM profit
✅ Competitors: Chegg
Company Features:
This business is a homework and school project tutoring marketplace with a unique twist. While most of its competitors require a monthly or annual subscription, this business has taken a more “Student-friendly” approach where the student can post their study needs on the platform, and tutors from around the world can “bid” on providing the assistance. Posts can be as small as a simple math question, or as big as help with an entire semester science project. It’s essentially the “Upwork” of tutoring services!
Customer satisfaction for this business is very high, as the fees paid by the students are held until the customer is satisfied with the service they have received. Once completed and approved, funds are released to the tutor, less a 30% charge for use of the platform.
This business has been run on “autopilot” for the past year, with the current owner only working an hour per month(!), yet the business still grossed $887,915 in revenue and netted $186,734 in profit! And this is with ZERO advertising costs! For a new owner who understands online marketing, this business can be a goldmine. Target audience: High school AND university students
Business model and pricing: Bidding, The platform takes 30% fee from students.
Tech stack: This product is built on AWS
Growth opportunity:
The Online Tutoring Market is set to EXPLODE by $153.07 billion! According to the research report "Online Tutoring Market by Courses and Geography - Forecast and Analysis 2021-2025", the market will witness a YOY growth of 15.10% in 2021 at a CAGR of 15.77% during the forecast period. The report is segmented by courses (STEM, language courses, and other courses) and geography (APAC, Europe, North America, South America, and MEA). This business is poised to capitalize on this growth in a big way for the right buyer.
Current growth has been primarily SEO and organic social media. ZERO advertising has been spent on the business. If the new owner is strong at online marketing, this business can be a gold mine.
Key assets
Reason for selling:
Current owner is a software engineer, not a marketing expert. So the system is rock-solid from a development and UX standpoint, but the business needs someone with better marketing skills to take the platform to another level.
The Online Tutoring Market is set to EXPLODE by $153.07 billion! According to the research report "Online Tutoring Market by Courses and Geography - Forecast and Analysis 2021-2025", the market will witness a YOY growth of 15.10% in 2021 at a CAGR of 15.77% during the forecast period. The report is segmented by courses (STEM, language courses, and other courses) and geography (APAC, Europe, North America, South America, and MEA). This business is poised to capitalize on this growth in a big way for the right buyer.
Current growth has been primarily SEO and organic social media. ZERO advertising has been spent on the business. If the new owner is strong at online marketing, this business can be a gold mine.
- Expand to new markets
- Social media marketing
- Improve conversion rates
- Increase digital marketing
- Add new product features
- Focus on SEO
Key assets
- Website
- Codebase and IP
- Brand
- Social media accounts
- Domain
- Marketing materials
- Customers
Reason for selling:
Current owner is a software engineer, not a marketing expert. So the system is rock-solid from a development and UX standpoint, but the business needs someone with better marketing skills to take the platform to another level.
Share this listing:
