Web Development Firm – 100% Outsourced, 65% Net Profit Margins

Details
Asking Price:$750,000
Yearly Revenue:$454,033
Yearly Income:$------
Listed By:W3BA

SOLD!

This unique internet based business specializes in providing custom web development solutions and hosting services for a specific niche within the financial services industry. Unlike many web development firms that rely heavily on one-time web development projects, this business has established a highly valuable base of recurring revenues with approximately 30% of the TTM revenues coming from residual hosting income.

Founded in 2004, this business has a substantial footprint within their niche and their attractive business model allows for a home based business operation with hardly any fixed overhead expenses. In addition, the seller outsources ALL of the web development / coding / design work to several employees and all existing employees are willing to continue working for the new owner post-transition as they can perform their job responsibilities remotely. As a result, the incoming buyer does NOT need to have any programming / design experience to maintain daily operations, making this an ideal acquisition opportunity for anyone with general business experience. This turn-key business only requires 5 hours per week to operate and can be operated from any computer with internet access, making it simple to seamlessly relocate to anywhere in the United States. With 100% organic traffic, this business represents a high quality acquisition opportunity with an 8 year proven track of reliable cash flow and highly valuable recurring base of residual hosting revenues.

For more information, please contact Lenny at info@w3businessadvisors.com or 312-291-4495.

If you are interested in this listing, please fill out the form below and a W3 Business Advisor will contact you with more information within 24 – 48 hours.