Business Summary:
California Matchmaking and Dating services business for sale with offices in Los Angeles, Orange County, Sacramento and the San Francisco Bay area. The company is a 15 year old premium dating service for busy professionals. It is the leading introduction matchmaking service for singles in California. The Business is profitable healthy, growing rapidly and poised for expansion. It has been pre-approved for SBA financing. They provide a range of services designed to enable its members to meet like-minded individuals according to their preferences and profiles. The Market for dating service is extremely large. There are more than 110 million single adults in the U.S., of which more than 40% have used or explored online services. The online matchmaking industry currently generates roughly $900 million of revenues per year.
This is an excellent opportunity for an entrepreneurial buyer to build a significantly large business from a relatively small acquisition. An experienced turnaround team in the dating and matchmaking industry has just completed a restructuring and revitalization of the organization. They have developed new and highly effective marketing and advertising programs. They generate more than $5 in new business for every $1 spent on advertising. New locations can be opened for about 50k and historically have reached break-even in about 3 months. Earnings are expressed as EBITDA. This is a tremendous opportunity for franchising and/or national expansion for the right buyer. The management is willing to stay on if a new owner chooses. Interested parties should register as a buyer online at www.BizEx.net and call Stuart Gross at 310-882-2200 ext. 118 for more details on this exciting opportunity.
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