Chicago Area Web Development, Web Design & Hosting

Chicago, IL
Cook County


Asking Price: Annual Revenue:
$150,000 $150,000

Technology: Software


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RE: Chicago Area Web Development, Web Design & Hosting Broker: Rick Carlson
License #: 01820673
Owner Financing is Available!
If the price and deal structure is right.

Quick Facts

Asking Price: $150,000
Annual Revenue: $150,000
Net Profit: Not Disclosed
Cash Flow: $50,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 3
BBN Listing #: 230227574
Broker Reference #: 941 Software

Email or Print Listing

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Business Overview:

Confidential Information Memorandum (CIM) available upon receipt of our short online NDA.

High retention rate(s) over the course of the company’s history, the company provides ever-expanding technical expertise to small and medium sized businesses across the country. Projects include ground-up design and construction of websites, including domain name selection / consultation services, hosting, and maintenance on the Company’s private and secure cloud-based server. Most clients are paid up through an annual billing cycle that completes in the first quarter, so the goal is to identify a strong buyer candidate this year, transfer the business through the remainder of 2021 so they can absorb the annual $75,000 recurring revenues and resultant cash flows in early 2022. Currently there are over 200 domains on its server that comprises the client base of ~160 customers. Many have been with the business for over a decade. There are no significant client concentration issues at this point, and C19 was not detrimental to the business, it was fairly steady.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

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Property Features and Assets:

Relocatable nationwide. No lease.

Market Competition and Expansion:

Competition: Professional service businesses like these are in a competitive industry but the Seller provides white glove service to every customer which keeps them around. Growth & Expansion: Significant upside exists to go after new clients that could be serviced by the existing team of service providers the Seller utilizes for deliverables, plus cross-selling other services to the existing client base, depending on who the buyer is.

Reason for Selling:

Retirement.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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