SportsQuest, Inc. (OTC: SPQS)

SportsQuest, Inc. operates a web portal (www.iefranchise.com) that aggregates and presents information on more than 350 franchise opportunities under an agreement with Business Alliance Inc. The platform enables prospective franchise buyers to explore concepts across various industries and facilitates direct interaction with franchisors. In addition to the portal, the company provides consulting services that guide individuals through the franchise evaluation and acquisition process. Historically, the company was engaged in developing, owning, and managing high‑end sports events and related marketing platforms, including the management of the US Pro Golf Tour. Since 2021, SportsQuest, Inc. has redirected its strategic focus toward franchise‑related consulting and lead‑generation activities, supported by a corporate redomiciliation completed in January 2025.

The company’s revenue model relies on three primary streams: lead‑generation fees, subscription fees, and advertising fees. Franchisors pay a predetermined fee for each qualified lead that the portal delivers to them, creating a pay‑per‑lead revenue source. Users who wish to access enhanced search tools, detailed franchise data, or premium consulting content may subscribe to the service on a monthly or annual basis, generating recurring subscription income. Franchisors also have the option to purchase featured placements or banner advertisements on the website, which are sold as advertising packages. Consulting engagements with prospective franchise buyers are billed separately, either as fixed‑fee projects or hourly engagements, adding further diversity to the income mix.

SportsQuest, Inc. operates in the competitive landscape of franchise lead‑generation and information platforms. Direct competitors include established portals such as Franchise Gator, Franchise Direct, and the Franchise 500 listing service offered by Entrepreneur Media. These rivals typically provide similar searchable databases of franchise opportunities and may also offer lead‑generation or advertising solutions. SportsQuest, Inc. differentiates itself through its exclusive arrangement with Business Alliance Inc., which supplies access to a curated portfolio of over 350 franchise concepts spanning multiple sectors. The combination of a dual revenue approach, mixing pay‑per‑lead with subscription income, offers the company a more balanced and less cyclical earnings profile compared with competitors that rely predominantly on advertising sales.

The company serves two primary customer groups: franchisors seeking to market their concepts and individuals evaluating franchise ownership. Franchisors range from emerging brands looking for early‑stage exposure to established systems aiming to supplement their existing lead‑generation channels. Prospective franchise buyers include first‑time investors, experienced entrepreneurs, and professionals looking to transition into business ownership. While the filing does not disclose specific client names, the user base encompasses a variety of industries such as food‑service, retail, fitness, and home‑services. By addressing both sides of the franchise matching process, SportsQuest, Inc. creates a network effect that enhances the value of its platform for both franchisors and candidates.