Business Highlight:
Asking Price: $1,405,305
OFF THE MARKET
Looking for an exciting opportunity to invest in the lucrative Fantasy Sports gaming industry with MASSIVE upside potential? You've found it here! This platform allows users to use their sports knowledge and skills to make predictions on multiple players in multiple formats, and win money if they're correct.
With options for both traditional sports and e-Sports, users can win up to 40 times the amount they play. Company has a strong track record of success and growth, making it an excellent acquisition opportunity in the sports gaming industry. Don't miss out on this chance to acquire a promising and profitable platform coming off a very strong year!
Key 2023 data:
The hard work has been done for you. The infrastructure has been built, customers are depositing funds in record numbers, and the business is growing exponentially.
Customer Testimonial:
OFF THE MARKET
Looking for an exciting opportunity to invest in the lucrative Fantasy Sports gaming industry with MASSIVE upside potential? You've found it here! This platform allows users to use their sports knowledge and skills to make predictions on multiple players in multiple formats, and win money if they're correct.
With options for both traditional sports and e-Sports, users can win up to 40 times the amount they play. Company has a strong track record of success and growth, making it an excellent acquisition opportunity in the sports gaming industry. Don't miss out on this chance to acquire a promising and profitable platform coming off a very strong year!
Key 2023 data:
- Users grew from 14,000 to 45,000
- Deposits per month grew from $90K to $350K
- Consistently doing $148K+ last 6 months in Gross Gaming revenue for 2023 was $1,400,000 USD
- Gaming handle crossed $7,864,000
- Hold Percentage: 18%
- This business ended the year growing 3x users and 4x revenue YoY with minimal marketing spend
- Major integrations complete with Apple Pay & AeroPay
The hard work has been done for you. The infrastructure has been built, customers are depositing funds in record numbers, and the business is growing exponentially.
Customer Testimonial:
I have been playing fantasy sports for a while on different apps and sites. Out of all I would recommend [this company] for the friendly user interface and ease of transactions. Unlike other apps which are cluttered with various sports and multiple odds, [this app] interface is organized and easy to play.
Company Features:
Business Model and Pricing:
Their customers typically have a lifetime of 4-6 months, during which they spend approximately $500-$600 on this platform. As a props-based fantasy sports platform, the users tend to spend more and spend quickly, due to the ease and convenience of submitting lineups in just a few seconds. In 2022 alone, users have wagered over $3.2 million on the app.
Customer Profile
The current customer base is primarily made up of individuals between the ages of 18 and 45, with a strong concentration of male customers. The majority of customers are located in the United States, with a significant presence in California, Texas, Georgia, Florida, New Mexico, Oregon, North & South Carolina, Illinois.
The customer demographics reflect the overall trend of fantasy sports being popular among young, male sports fans. However, they also have a diverse customer base that includes individuals of all genders and ages who are interested in participating in fantasy sports.
The users have a wide range of interests when it comes to sports, and they enjoy playing a variety of games on the platform. Specifically, 30% of their users play NBA and Women's NBA, 20% play NFL, 15% play MLB, 10% play NHL, 15% play soccer, 3% play cricket, and 5% play eSports.
Growth opportunity:
The company currently operates in 25 states, but has the potential to expand to 42 states by obtaining additional licenses. This could provide a potential acquirer with the opportunity to enter new markets to rapidly and exponentially scale the business.
e-sports Market Timing: e-sports props based fantasy sports is just getting started and only 3 companies are offering them right now in the US…and this is one of them!
Daily Fantasy Sports. Fantasy Sports market size was valued at 18.6B USD in 2019 and is expected to reach $48B USD in 2027
Daily fantasy sports (DFS) have become increasingly popular in recent years, and it is expected to continue growing in the next 5 years. Some of the trends in the DFS industry include:
Increased adoption of mobile platforms: Many DFS companies now offer mobile apps, which makes it easier for users to play on the go.
Growing interest in non-traditional sports: In addition to popular sports like football and basketball, DFS platforms are now offering games based on sports like golf, soccer, and even eSports.
Increased competition: As the DFS industry grows, recently, more companies are entering the player props-based fantasy sports market.
Greater involvement of professional sports leagues: Some professional sports leagues, like the NBA and NHL, have formed partnerships with DFS companies. This has helped to increase the credibility and mainstream appeal of DFS.
The Fantasy Sports Market is valued at USD 21.39 billion in 2021 and is expected to reach USD 48 billion, with an estimated CAGR of 12.92% over the forecast period of 2022-2027.
eSports: This company is poised to take advantage of the lucrative and fast growing eSport market. eSports is characterized by regional or international video gaming events in which professional and amateur players compete against each other. In 2022, the global eSports market was valued at just over 1.38 billion U.S. dollars. Additionally, the eSports industry's global market revenue was forecast to grow to as much as 1.87 billion U.S. dollars in 2025. Asia and North America currently represent the largest eSports markets in terms of revenue, with China alone accounting for almost one fifth of the market.
Key assets:
Reason for selling:
Founders are tech savvy, but lack the marketing skills to scale the business to it's full potential.
Financing:
ellers are highly flexible, and open to a variety of options, including: Full cash exit, third party financing, up to 40% seller finance or Earn out, Strategic or partial acquisition, Equity swap, and Aqui-hire.
Transition Period: Sellers can be flexible on post sale transition, offering a standard 30 day transition for full exit, or up to 2+ years retention for a strategic acquisition or aqui-hire.
- Brand
- Website
- Social media accounts
- Domain
- Customers
- Marketing materials
- Codebase and IP
Reason for selling:
Founders are tech savvy, but lack the marketing skills to scale the business to it's full potential.
Financing:
ellers are highly flexible, and open to a variety of options, including: Full cash exit, third party financing, up to 40% seller finance or Earn out, Strategic or partial acquisition, Equity swap, and Aqui-hire.
Transition Period: Sellers can be flexible on post sale transition, offering a standard 30 day transition for full exit, or up to 2+ years retention for a strategic acquisition or aqui-hire.
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