19 Yr Hosting & Web Development CO - 75% Recurring Revenue

NC (Relocatable)

Complete Internet Solutions

Asking Price:$60,000

Cash Flow:$6,248

Gross Revenue:$24,645

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1996

19 Yr Hosting & Web Development CO - 75% Recurring Revenue

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Business Description

Very established Internet CO w/Residual Income & Solid Customer Base

Turn-key PROFITABLE website design, development and Internet consulting business based on residual sales ALONE with ZERO debt. Operations started in 1998 and have achieved close to 1 million in sales. Based in Charlotte, NC, with an international client base - most customers have been with the company for 10 years or more. Business is a BBB Accredited Business since 1999 with an A+ rating with ZERO complaints EVER! Services provided include consulting, website design, website hosting, corporate email accounts, managed cloud services, SSL certificates, domain registration/renewals/management, email marketing, SEO, Google Adwords marketing, custom web application programming, website maintenance, mobile app development, graphic and logo design.

The business is currently owner-operated, and all design and development is currently outsourced to contractors who will work for new owner. Profits can easily be increased if owner has html skills and doesn’t mine doing development work. One person can currently run this business on a part-time basis or hire employees to grow the business. The company has purposely not marketed the business since 2007 to control growth and has enjoyed profits from recurring monthly services. Company currently owns one web server and one mail server that are managed by a contractor in a secure state-of-the-art data center. Current servers have ample resources to accommodate many more websites and email accounts. Since servers are managed by a contractor and development is done by contractors, new owner will need minimum IT skills, however since this is an IT company, the new owner should have some basic IT skills. The company niche is small to mid-size businesses that can benefit from a website, and or needs custom programming, website maintenance, Internet consulting, website marketing and other related Internet services. Again, since owner has limited time to manage the business, sales have been purposely restrained so current customers do not suffer from poor customer service. The business currently manages close to 100 domains and approximately 30 accounts. This business is perfect for someone who wants to start an Internet business that produces instant income, for an existing Internet company looking to increase their current customer base or a printing company looking to add additional services. The company currently has written and verbal agreements to take on approximately $20K to $30K of new development business this year. Current customers are primed and in need to upgrade/redesign their current websites so they are mobile-ready type websites.

I'm only accepting cash purchases - no owner financing or similar structured deals will be considered.

Detailed Information

Employees:
1
Facilities:
Included in the sale is a newly designed mobile-friendly company website, customer website files, graphics, logos, and any other associated IP, clients, all past client project files and code, two servers plus list of trusted development contractors with long-term relationships.
Support & Training:
A full month of after-sale support and training on all aspects of running the business will be included with the sale and provided directly by the Founder & CEO. Because this business is technical in nature, it is expected that the buyer will have a certain level of proficiency. Additional support and training can be negotiated to the buyer at a fair hourly rate.
Reason for Selling:
Owner Retiring

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Business Listed By:
Doug

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