Status: Off The Market
Working in a brokerage firm serving an industry with 5000 distinct corporate entities led the founder/owner of this highly successful dot.com company to believe that there must be a better way to serve the industry. As a result, the owner of this now four year old industry leading website struck out on his own and developed what is unquestionably the industry authority with the biggest, most successful, categorized, free, searchable website database for this large, but fragmented industry.
With monthly revenues continuing to grow (now at $30,000) and cash flow annualized at well over $200,000 and growing, the seller looks forward to working with the buyer of his company for a year or so and then moving on to pursuits in the arts field which is his passion.
The spectacular website, with over 700 paying advertisers, receives 20% more hits than any other website serving the industry. In addition, "Google" searches by any number of key words consistently have this website coming up either first or second.
Besides bringing the over 700 listed companies more than $100 million of revenues, the website serves as the conscience of the industry with a quality, consumer advocate theme, and a guide to the industry.
The business is listed at $1.275 million with ample seller paper available to a qualified buyer. While the business is being offered for sale, the seller is not resting on his laurels as he works on adding new profit centers (that go with the business) including: (1) an expanded global reach; (2) enhanced technical aspects to the website that will enable it to become the "Expedia" of this industry including the opportunity to generate additional revenue streams; and (3) increasing the scope of the business from its 700 listings to an optimal (from profit, service and coverage standpoints) 1200 entities.
This is truly an extraordinary listing for an industry leader with a strong service history and non-stop growth in both revenues and cash flow.
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|Industry:||Computer Networking & IT Services|
|Classification:||United States // Midwest States // Michigan // Grand Rapids|
|Location:||Grand Rapids, MI|
|Sales:||Between $100 Thousand And $500 Thousand (360,000)|
|Profits:||Between $100 Thousand and $500 Thousand (240,000)|
|Profit Type:||Cash Flow|
|Asking Price:||Between $1 Million and $2.5 Million (1,275,000)|