Small News Agency for Sale in Masr Al Jadidah, Egypt
For Sale: Experienced sports news website with 9 million users & 137 million annual pageviews.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 10 - 20 thousand |
| Run Rate Sales | USD 22.3 thousand |
| EBITDA Margin | Nil |
| Industries | News Agencies |
| Locations | Masr Al Jadidah |
| Local Time | 10:30 PM Africa / Cairo |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
900 thousand
(Native Currency: EGP 46,275,000)
Reason: We’ve been in the business for 21 years and we believe a bigger investor is the right step to take i...
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User Verification
Documents
Domain-Verification.pdf
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Business Overview
- Daily news coverage of Egyptian and international sports.
- One of the top sports websites in Egypt and the Middle East with nearly 9 million unique users and 137 million pageviews annually.
- The largest digital portal for sports clubs.
- We generate revenue through direct and indirect ads. Direct sales involve deals directly made with clients, while indirect sales occur through intermediaries booking ad spaces on our portal and others, serving campaigns from their clients.
- Economic challenges in Egypt, including a significant drop in the value of the Egyptian pound, have made it difficult for advertisers to run campaigns due to budget cuts, due to which we are operating at break-even at the moment.
- Owners boast extensive experience in the field.
- Potential to expand into own eCommerce vertical soon and this would mean we would need the current employee count to manage the operations.
- One of the top sports websites in Egypt and the Middle East with nearly 9 million unique users and 137 million pageviews annually.
- The largest digital portal for sports clubs.
- We generate revenue through direct and indirect ads. Direct sales involve deals directly made with clients, while indirect sales occur through intermediaries booking ad spaces on our portal and others, serving campaigns from their clients.
- Economic challenges in Egypt, including a significant drop in the value of the Egyptian pound, have made it difficult for advertisers to run campaigns due to budget cuts, due to which we are operating at break-even at the moment.
- Owners boast extensive experience in the field.
- Potential to expand into own eCommerce vertical soon and this would mean we would need the current employee count to manage the operations.
Products & Services Overview
- Daily news coverage of Egyptian and international sports.- Catering to the Middle eastern audience.
Assets Overview
The business does not own significant physical assets apart from laptops and computers.
Facilities Overview
Currently we are working form home, with a virtual office setup.
Capitalization Overview
4 shareholders with a 30-30-30-10 split.No loans or debts for the business.
Self- funded operations.
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