Business Overview:
This unique business-to-business membership group operates using an alternate online currency, known as barter dollars, allowing members to buy and sell goods and services without direct cash transactions. With a strong network of 100 active members and access to a larger virtual barter network across the US, this business offers a flexible and innovative trading platform.
Key Highlights:
Membership Base: 100 active members with potential for growth.
Virtual Barter Network: Access to a nationwide network of barter member businesses.
Flexible Trading: Members can trade goods and services using barter dollars, which can be used later for other purchases within the group.
Credit Lines: Available to members to facilitate larger transactions.
Monthly Activity Statements: Provided for accounting purposes, with all sales subject to income tax and 1099 forms issued annually.
Services and Benefits:
Marketing and Promotion: Helping members gain additional income streams and maximize downtime.
Inventory Management: Assisting businesses in selling excess inventory and converting it into working capital.
Diverse Spending Options: Members can use barter dollars for advertising, event tickets, restaurants, storage, tech support, employee incentives, vacations, and more.
Revenue Model:
Subscription Fees: $10 - $15 monthly cash subscriptions from members.
Broker Fees: 6% cash fee on each barter transaction between members.
Included in Sale:
Inventory: A variety of products valued at over $55,000.
Reason for Sale: The current owner is seeking to transition out of the business and is looking for a passionate buyer to continue its growth and success.
