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Social Network Website Investment Opportunity in Budapest, Hungary

Luxury dating platform in Hungary with 3,000+ registered users seeks funds for expansion.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 2 - 3 thousand
Run Rate Sales USD 1.6 thousand
EBITDA Margin 40 %
Industries Social Network Websites
Locations  Budapest
Local Time 10:36 AM Europe / Budapest
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 130 thousand for 20.0% stake (Native Currency: HUF 50,000,000)
Reason: - We have reached 3,000 customers without any advertising in 2 years. - Our competitor's revenue is... View More
Interested to connect with advisors
Documents
Business Overview

- Online luxury dating platform based in Budapest, Hungary that has been operating for 2 years.

- Platform is primarily used by users in Hungary and we have 3,000+ registered users.

- Revenue model: There are 3 paid packages users can opt for – Silver (HUF 5,000), Gold (HUF 15,000), and Platina package (HUF 50,000). These packages allow users to access different features on the platform.

- We have a very unique design that stands out from the competitors and are looking to launch mobile apps in the upcoming months.

- We are working on 2 other dating platforms which will be also built with our existing engine (to lower costs)

- Our revenue has dropped this year due to lower demand as a result of the COVID pandemic.

Products & Services Overview

Online luxury dating platform in Hungary with subscription plans and advertising opportunities.

Assets Overview

Business does not own any physical assets at the moment.

Facilities Overview

We run the business from a home-based office space. Currently we don't need a larger space for this business.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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