Spiritual & Psychic Services Company for Sale in Kochi, India

Marketplace website and mobile app for astrologer consultation online for sale.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 32 thousand
EBITDA Margin 35 %
Industries Spiritual & Psychic Services + 1 more
Locations  Kochi
Local Time 11:57 AM Udupi
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 7 thousand (Native Currency: INR 500,000)
Reason: Planning to start another Venture.
Includes physical assets worth USD 340
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
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
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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