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DoubleSign.com Dating By Horoscope
New York City, New York , United States

 INDUSTRY

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Sites - goods & services
Membership Organizations
 
 BUSINESS SUMMARY

DoubleSign.com is Social Networking and Dating By Horoscope, Astrology Content and Entertainment (Matchman Comics) web community portal that aims at 3 markets: 1.

Online Dating (online dating is the largest and fastest growing segment of the paid online content market. Online dating market grew 549% in one year – from $72 million in 2001 to $372 million 2002 and forecasted to grow to $400 million in 2003). 2.

Astrology Content (e.g. words “horoscope” and “astrology” are among the most sought words on Internet and bring (respectively) 4.6 and 4.9 million in Google.com search results).

FAST FACTS •

DoubleSign is the world’s largest Matchmaking By Horoscope® service. •

DoubleSign.com attracts more 8 million hits a month.

Proprietary Software, Trademarks and Patents a)

Astrological Compatibility Calculators and SuperSigns!® Calculator b)

Numerous trademarks, many of which already registered, like “DoubleSign”, “SuperSigns!”,“Dating By Horoscope”, “Are You Compatible?” and others. c)

2 pending patents.

Founder, Walter King (43), (born in Russia in a Jewish family) and now American citizen, invested significant amount of personal money and time working on the web site for the last 4 years. DoubleSign.com is seeking equity financing.


 

 BUSINESS FINANCIALS
 
Asking Price: $6 M
Past Annual Revenue: (12 month gross) $90,000
EBITDA (cash flow): $90,000

 

   GENERAL COMPANY INFORMATION
 
Organization Structure: LLC
Furniture, Fixtures, and Equipment: n/a
# of Profit Centers: 1
Headquarters/Main Location: Home Based
Time on lease/mortgage: N/A
Is Business Relocatable? Yes
Sellers Web Site: www.DoubleSign.com

 

   MARKET OUTLOOK/COMPETITION
 

Online dating market size in 2002 - $302 million. The largest paid content segement on Internet.

 

   DETAILS ABOUT THE SALE
 
Financing/Down Payment 2M
Support & Training Yes
Reason for Selling Looking to raise VC.
Is Management Willing to Stay? Yes
Are You An Intermediary? No
Broker Cooperation None

 


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  Financials
Asking Price
$6 M
Past Annual Revenue
(12 month gross)
$90,000
EBITDA
$90,000

 



 





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