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Spiritual & Psychic Services Company for Sale in Kochi, India

Marketplace website and mobile app for astrologer consultation online for sale.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 39 thousand
Run Rate Sales USD 28 thousand
EBITDA Margin 35 %
Industries Spiritual & Psychic Services + 1 more
Locations  Kochi
Local Time 12:51 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 5.8 thousand (Native Currency: INR 500,000)
Reason: Planning to start another Venture.
Includes physical assets worth USD 290
Interested to connect with advisors
Documents
Business Overview
- The product was launched in 2015 as an aggregator model in online astrology consultation.
- Have received seed fund from Startup village, TIE, and startup initiative of Government of Kerala.
- We are selecting the astrologer by standard verification procedure. We have astrologers from all over India and also, users from all over India.
- More than 500 astrologers registered and we have activated only 50 astrologers. We do not charge astrologers anything.
- Registered as a private limited company in November 2016. Launched the progressive web app in (PWA) 2017, it is a mobile website. Launched Android app along with PWA.
- Have started international service in more than 90 countries in November 2017 and received good response from USA, Australia, and Canada etc.
- The margin is high unlike other online business, have the gross margin of around 50%
- We have more than 2,000 registered users and around 1,000 active users. 60% are repeat customers.
- Ticket size ranges from Rs. 100 to Rs. 5,000, average ticket size is Rs. 600. Users are charged 30% to call the astrologers and also charge for international and local calls accordingly.
- Website visits - 3,000 visitors per month with 20% conversion.
- We have just started our international service and received an encouraging initial response from USA, Australia, Canada etc.
Products & Services Overview
- Online Astrology Report. Phone Consultation with Astrologers.
Facilities Overview
Rented 150 square feet office in Kochi.
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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