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Service Provider To The Horse Racing Sector For Sale

Ireland
Asking Price:
Undisclosed
Turnover:
€250K - €500K
Net Profit:
Undisclosed

Based in Ireland

The company provides a range of services and information to the horse racing industry across Ireland, operating an informative website that includes entries, results, news, and photos, as well as additional content available behind a paywall.

Having developed a well-known, respected brand, the company has little to no competition in its niche and provides a service that is integral to the industry’s operation.

Our client is now offering the company for sale to facilitate a change in career.

Offers invited.

Key Highlights

- Staff team in place that can operate and drive business development independently, providing a turnkey acquisition opportunity.

- Significant investment has been made in developing the website, and industry relationships have been built over two decades, ensuring a high barrier to entry for potential competitors.

- Diverse client base with strong relationships to staff and brand that includes many well-known, key industry brands, and website members.

- Has amassed a social media following of almost 50k followers across several platforms.

- Holds an extensive video and results database.

- Vast scope to maximise the website to generate additional advertising revenue, with no specific resource having been dedicated to this to date.

Financial Highlights

- Turnover of £470k achieved in YE24, with an adjusted EBITDA of circa £75k.

- Has achieved an average adjusted EBITDA of £108k between 2022 and 2024.

- Website subscriptions have grown by 51% since YE18.