Competitions Website & Social Media Pages £14,000

About the Business: A well-established online raffle and competitions platform with a proven track record of profitability. Lots of room for expansion as only doing one draw per week. Money back well within the first year without any growth. The business has been operational for 22 months and has consistently generated profit since inception. Key Financials: Turnover (Year 1): £173,706 Payouts (Year 1): £138,688 Monthly Profit: Approximately £1,200 (current reduced draw schedule) Draw Frequency: Initially multiple draws per week, now scaled back to one draw per week for ease of management. Licensing & Compliance: There is a RMG (Remote Gambling) License directly connected to the Facebook page and ad account, ensuring full compliance with Facebook's policies for advertising gambling-related services. Social Media Following: Instagram: 4.8k followers Facebook: 3.1k likes, 4.3k followers Operational Details: Hosting: Managed by Rafflewise, with hosting fees approximately £600 + VAT per year. (Contact details for Rafflewise available.) Payment Processing: Cashflows as the payment provider, charging a competitive rate of 1.4% per transaction. This is a fantastic opportunity for someone to take over a profitable, low-maintenance business with a loyal following. The seller is open to providing support during the transition.