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Massively Multiplayer Online Gaming Platform and Games

$900K$280.7K

Description

This listing includes a Massively Multiplayer Online Gaming Platform and 4 Games created by the company. In addition to a forum for publishing its games, the platform provides a suite of social features that enable a strong core community with long-term monetization which include chat, forums, social feed, notifications, profiles, leaderboards, achievements, friends, payment processing, login/signup and more! The platform also enables full cross-platform play with support for web, Steam, Windows Store, iOS and Android. The games are hosted on the platform and are strong performers. Players can purchase points to accelerate their gameplay progression. Special holiday promotions are also run which offer limited edition items alongside the point system.

With the proprietary social gaming platform and technology already in place, this business is currently operated by one owner working about 5-10 hours per week handling emails, managing the chat moderators, and setting up periodic holiday promotions. The business can be run from a home office, is easily relocatable and can be operated from any location with internet access.

This business continues its success with high profit margins of about 83% and growing sales and profits up 36% and 28% respectively for Jan-Jul 2020 over the same period in 2019.

With growing proven sales & profitability, a technologically advanced gaming platform, strong performing games, great industry related websites, high margins and a simple business model/structure, this listing is an outstanding business opportunity. Building upon its solid performance and established foundation along with some focus on marketing, this business can be grown to its true potential.

Detail

Updated on December 10, 2020 at 8:25 am

Property ID:L#2020769
Year Built:2008
Property Type:Online Gaming
Property Status:For Sale
Asking Price: $900K
Gross Revenue:$335.5K
EBITDA:$280.7K
Inventory:N?A
Competition:Although there are other social games online, this platform offers a great experience for players that makes their cross-platform gaming experience frictionless and helps to keep them in the platform ecosystem. This combined with the sheer scale of what was built, presents a huge barrier to entry for a newcomer.
Growth & Expansion:Having built an established foundation in a unique and popular niche market, this business is perfectly positioned for the next level of growth. The greatest opportunity for growth likely lies in implementing marketing strategies to promote the web/desktop versions of the games.
Country:United States
State: United States
City: Oklahoma

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