FIRST UK INCORPORATED PROPERTY-FOCUSED GAMBLING COMPANY, FOUNDED IN 2017

  • Freehold Price: Offers Invited
  • Annual Turnover: £1,300,000
London, England
Seller Ref:161418
For Sale

FIRST UK INCORPORATED PROPERTY-FOCUSED GAMBLING COMPANY, FOUNDED IN 2017

London, England
Seller Ref:161418
  • Freehold Price: Offers Invited
  • Annual Turnover: £1,300,000

Description

London.
Year-on-year revenue growth of 120% (18/19) which has accelerated during the ongoing Covid-19 pandemic (+67% 19/20 / +78% 20/21).
Has turned a £250k investment into £2.5m in revenue.
Revenue forecast to reach £94m by 2025 ( base on deleterious adjustments to key assumptions)
Has been granted SEIS and EIS Advanced Assurance.
Retains over 125,000 customers and has demonstrated strong acquisition throughout the pandemic.
Average customer order value of £19 and lifetime value of £39 on second purchase, climbing to £55 on third.
Operates on a B2C basis and utilises an online platform to ensure that there is uninterrupted engagement with a seamless purchase process.
Over £850,000 in prizes and property has already been rewarded alongside £30,000 charitable donations, changing lives every week.
Offers invited.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

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