Cash Cow Remote Business: On-demand telephone and online Psychic chat readings network
Per Market Screener, in 2023, competitor, made waves with its sale for a staggering $40.1 million. Annual earnings surpassed $15 million.
Despite its unassuming appearance, this mom-and-pop establishment harbors vast potential for the discerning buyer. Its sale encompasses the liquidation of intellectual property a la carte, including the coveted IVR Phone System and Website tailored for On-Demand Telephone and Online Psychic Chat Readings.
Remarkably, the company was meticulously crafted by its founder, eschewing pre-made templates in favor of manual engineering, a testament to its turnkey nature. Over 23 years, the founder's expertise, valued at up to $150k annually, has been poured into its development.
The package includes high-quality commercials and audio content, whose value alone eclipses the asking price, surpassing even the costs of hiring creative directors.
The IVR Phone System, designed for telephone psychic readings, is priced at $365k, boasts innovative 800-number technology as a standalone business where no computer is needed, and offers pay-per-minute and block package structures. Its extensive programming, repositioning to a different provider, and investment of over $250,000 facilitate seamless call routing, menu navigation, secure payment processing, multiple toll-free telephone numbers, and more.
Meanwhile, the website, priced at $365k, boasts a 23-year-old domain, hosts a wealth of content, including videos and horoscopes, and is an investment of over $200,000. Integration with the IVR system ensures a seamless user experience, enabling the online purchase of minutes and contractor availability checks.
If purchased as a bundle, the comprehensive package priced at $730k includes the chat division, Google Play & iTunes apps, an extensive database of user contacts, social media accounts, video content, published books, blog content, and structured recruitment and onboarding protocols for independent contractors. Successful chargeback rebuttal procedures were implemented. The seller will offer orientation and training. Consultant services may be available.
Having generated over $4 million in revenue, the owner, now focused on other ventures, seeks to divest the business as intellectual property. While its value rivals that of competitors, its sale deviates from traditional metrics, reflecting the rarity and expertise invested in its creation.
Serious inquiries are welcomed, with no brokers or financing arrangements entertained. This opportunity beckons those attuned to its potential, offering substantial returns in the evolving landscape of remote treasure businesses.
