remesas.com
It recently became an unexpected asset outside my line of biz. I want to get rid of it at a fair price. This is Spanish for remittance and the market size is $28B the potentially interested players. The smallest one has a revenue of $200MM per yer, the next one $1B and Western Union the largest $18B. The estimated user base for repeat business is 300K. The worst player has a 5.8% profit. The average is 12% profit and the highest is 20%.
SEDO estimate is in the low side while Flippa is in the 7 figure range.
It recently became an unexpected asset outside my line of biz. I want to get rid of it at a fair price. This is Spanish for remittance and the market size is $28B the potentially interested players. The smallest one has a revenue of $200MM per yer, the next one $1B and Western Union the largest $18B. The estimated user base for repeat business is 300K. The worst player has a 5.8% profit. The average is 12% profit and the highest is 20%.
SEDO estimate is in the low side while Flippa is in the 7 figure range.
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