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Reference: IC01087

ID: MV0029

Extremely Popular Online Raffle Business

United Kingdom

This is a fantastic opportunity to purchase a well-established and fully relocatable online business.

Reference: IC01087

ID: MV0029

Register Interest
Turnover:
£12.5m
Profitability:
24%

Location

Offered on a relocatable basis, the business does currently operate from an office space in Norfolk alongside warehouse/storage facilities for their prizes.

Business Description

With hundreds of thousands of followers across Facebook and Instagram, the business specialises in running online raffle competitions – giving their users a chance to win a number of luxury prizes.

Selling thousands of tickets per competition, prizes on offer include; cars, bikes, cash and more.

Financial Summary

Turnover:  £12,500,000
Net Profit:  £3,000,000

Investment Rationale

A friendly, professional team.
Huge growth opportunity.
Fully relocatable.

To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.

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