Small News Agency for Sale in Masr Al Jadidah, Egypt
Established | 20-30 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 10 - 20 thousand |
Run Rate Sales | USD 24 thousand |
EBITDA Margin | Nil |
Industries | News Agencies |
Locations | Masr Al Jadidah |
Local Time | 3:02 PM Africa / Cairo |
Listed By | Business Owner / Director |
Status | Moderately Active |
- 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.
- Daily news coverage of Egyptian and international sports.
- Catering to the Middle eastern audience.
The business does not own significant physical assets apart from laptops and computers.
Currently we are working form home, with a virtual office setup.
4 shareholders with a 30-30-30-10 split.
No loans or debts for the business.
Self- funded operations.