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Social Network Website for Sale in Austin, USA

Global team-building platform to create teams, join teams, and find teammates with 800 users.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Social Network Websites
Locations  Austin
Local Time 8:15 AM America / Cancun
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 90 thousand (Native Currency: USD 90,000)
Reason: We have hired and managed designers and developers to build this app. So now we have a fully functio... View More
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Business Overview
- The team-building platform has currently attracted 800 active users without any marketing expenditure, demonstrating potential market interest.
- With over 6,000 followers on social media, the platform has already garnered a significant online following.
- The platform offers a web application and a mobile application that will be launched soon that is aimed at students, gamers, professors, and professionals, enabling them to build teams, find teammates, and provide and receive ratings and reviews.
- The business model involves the use of tokens as a form of in-app currency, with users required to purchase and spend tokens to access certain features, presenting a potential revenue stream for the platform.
- The cost of one token is USD 50 cents and a user may need anywhere between 20-70 tokens for upgrading and buying different features.
- As a relatively new launch, there is currently no reported run rate or revenue.
- We also have further monetization plans through blockchain technology in the near future.
- The platform's design was developed on Figma and the codes are stored on Github.
Products & Services Overview
A web application and mobile application for students, gamers, professors, and professionals, to build teams, find good teammates, and most importantly leave ratings and reviews for their teammates.
Assets Overview
As an online platform, our intangible assets include:
Domains:. com,. org,. net, etc.
Codes: Frontend (Next. js), Backend (Node. js), Database (Postgre)
Designs: Figma.
Social Media (6k+ followers): LinkedIn, Facebook, Instagram, Twitter, TikTok.
Contents: Videos, articles, graphic designs, etc.
Facilities Overview
This is an online business without any physical built-up area or setup.
Capitalization Overview
The business has been funded through debt and self-funding with a total loan value of about $40K so far.
Currently we pay for the servers and hosting services.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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