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Description

OFF-MARKET PRESENTLY

Mobile Sports App for Sale! – Mobile Sports Meet Up App Expands with Sports Betting Wing!

 

San Francisco, CA (San Francisco County)

Seller Financing Available!

Zip Code: 94131

Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $15,594

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2016

 

 

Business Description – (Mobile Sports App for Sale)

  • Sports betting and cryptocurrency opportunity – diverse potential revenue stream Designed by experienced and successful serial entrepreneurs and developers, this robust mobile app helps recreational sports enthusiasts find fellow players, organized competitions, money matches, and sports facilities nearby.
  • Instead of sitting on the couch and not having anyone to play with, you are out there playing and in the game.
  • Players are sorted by distance and filtered by the sports and activities you care most about. From there, easily set up a time to meet up and play (for fun or for money). If you choose to play for money, the app handles all of the player payments and payouts to the winners.
  • Also find organized competitions sorted by date, and easily register and pay for those with your credit card.
  • If you’re a competition organizer, manage those competitions using the app’s brackets, stats, and standings software.
  • Over 75,000 matches have been facilitated in the app to date.
  • Players can book membership passes and reservations at local sports venues, thereby giving local businesses a way to increase recurring revenue, while simultaneously giving players a convenient way to book time at local sports facilities.
  • The app also offers a myriad of social features, including the ability to live stream yourself playing, sharing videos/photos in a Facebook-style news feed, instant messaging with friends and followers, and full push notifications for important reminders and events that you care about.

 

 

Mobile Sports App for Sale ca

 

 

SPORTS BETTING AND CRYPTOCURRENCY OPPORTUNITIES!

With this month’s Supreme Court ruling legalizing sports betting, the team is actively creating another side to this sports app — the ability to bet on others playing sports – recreationally, collegiately, and professionally.

Included in this will be “micro-betting” where you can wager on micro events within a broader sporting event: Will Lebron James make or miss this free throw?

Will the next pitch be a fastball or curveball?

Most bookmakers won’t take these bets, but by using cryptocurrencies and blockchain, the App will fill the gap for such types of betting – offering a peer-to-peer network of those willing to make and accept such bets, settle payments, and resolve disputes.

With Cryptocurrencies and blockchain becoming the future of money and contracts, the founders believe the time is now for a technology product that facilitates all sports betting in a secure, efficient, and convenient manner.

They also believe that sports and recreational activities are more fun, and the quality of play goes up exponentially when there is money on the line.

 

 

MONETIZATION AND REVENUE OPPORTUNITIES!

The App currently monetizes its technology solely through membership passes and reservations feature by taking a percentage of fees collected.

 

However, there are several additional ways that a buyer could monetize this App:

* Take a percentage of money matches.

* Take a percentage of micro and traditional sports bets.

* Take a percentage of competition entry fees.

* Allow live streamers to accept donations from viewers, and take a percentage of that.

* Offer a marketplace for buying/selling sporting apparel, and take a percentage of that.

* Run your own competitions and keep dues/entry fees for yourselves.

* Offer a marketplace for coaches and players, and take a percentage of lesson fees.

* Sell targeted ads based on the data that known about each player.

 

NDA is required for comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

 

 

Mobile Sports App for Sale

 

 

Detailed Information

  • Employees: 3
  • Facilities: Portable worldwide.
  • Competition: Fills a market niche.
  • Growth & Expansion: Read the vast ad copy above.
  • Financing: If the price and deal structure are right.
  • Support & Training: 1-3 month training period after the sale. All employees are willing and able to stay on after the transaction closes, whether that be just for a short training period, or as permanent employees long term.
  • Reason for Selling: Technology can grow faster in the hands of a well-capitalized acquirer

 

Contact info

Pronova Partners

Inquire about this property

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