This is an exciting opportunity to acquire the UK’s first prize competition company to run fully automated draws.
Peak Prizes conducts its draws from its website which hosts an automated random prize wheel that is embedded onto the site’s ‘Live Draw’ page. This ensure all draws are held on-time, every time.
Additionally, the company livestreams its prize draws on both Instagram and Facebook. This is a useful tactic to increase engagement with the brand but also to offer complete transparency to customers, therefore giving them the confidence to take part in the prize draws. Exclusive offers, sales, discounts, and promotions are also offered by Peak Prizes on its ThePrizeFinder.com, a third-party site which serves as a directory of different competitions held across numerous sites.
Overall, this is a fantastic chance to take advantage of an acquisition in the growing online prize draw industry which offers huge potential to develop into a national brand.
The asking price offers great value as the buyer will receive a superb return on their investment. The current owners operate the website on a part-time basis, further emphasising the potential to be tapped into with this business.
Loyal customer base
Huge growth opportunity
Low overhead costs
Strong supplier relationships