Established Sports Book Website
Location:
United States
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Wisconsin
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Eau Claire
Industry: Technology – Internet Related > E-Commerce and E-Tailers
Business Summary
ALL sales records can be verified through paypal.com. This is an established sports book website that offers one of the best ''Handicap Contest'' online. It pays out a $25,000 prize 6 times a year, with ALL $25,000 being provided FREE from a sportsbook sponsor! A Sports Handicapper is someone who specializes in giving sports advice on odds for sporting events (i.e. If a sports team will win by 7 points). A sports handicapper will tell you if you should bet with those odds or against them. FreePremiumPicks.com offers these professional sports handicappers an opportunity to 'prove' how good they are at picking sporting event odds. The professional sports handicappers enter the website's contest, pick who should win a number of sporting events and what the odds should be. Whichever handicapper has the best record at the end wins $25,000 in credit as a prize from the website's sportsbook sponsor. This is very appealing to professional sports handicappers since they are professional gamblers. They can use that $25,000 to gamble at the sponsor's online sportsbook. WHY would they give away $25,000 in credit, because they get to advertise on the site through out the contest period. Basically the sportsbook website uses the website as a portal to accept sport bets (the 1-800 number is the sponsor's). The website makes their money off entree fees from these sports contests. Professional Sport Handicappers pay $250 or $350 to enter the contest to try to win $25,000 in prize money. The owner only allows 100 entrees for each contest so you can earn $25,000 or $35,000 each contest. Contests are held for NFL, CFB, NBA, CBB, MLB, and NHL once a year. FreePremiumPicks.com also makes 10% commission on all bets wagered from the website by the sportsbook sponsor as well. Contact for website, sales records, and more information on this Sports Book Website business for sale.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$228,000
Cash Flow:
$155,000
Cash Flow Type: EBITDA
Seller Financing: Yes
About The Business
Year Established: 2004
Number of Employees: 1 - 3
Relocatable: Yes
Franchise: No
Current Real Estate: Owned
About The Sale
Management Training and Support: The owner will provide three months phone / e-mail
Reason For Selling: The owner is pursuing / focusing on his profession
Click on the "I'm Interested" button above for more information on this Technology – Internet Related > E-Commerce and E-Tailers business for sale.
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Print Listing Id: 70020876
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