IT Web Design Tech Services - 20157
Business Type: owner financing available,assets only sale,internet businesses,internet business services (b2b),domain names/ basic sites,software,web design/ tech services,misc. internet/technology/non-classifiable
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $350,000 | Down Payment | $200,000 |
| Gross Revenues | $510,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $91,700 | Number of FT Employees | Register Free to View |
Financing
$200,000 Down and 150,000 at 5% for 5 years
Business Description
This ten-year-old Web development agency based in New York City has a well-diversified customer base including small, mid-size, and large companies. Customers are located primarily in the greater NYC area, as well as throughout the United States and Canada. The customer base includes companies in many diverse industries, including advertising/marketing, technology, finance, beauty, real estate, entertainment, fashion, and service. The company offers Internet, Social Media, and Web software development services, including Websites, Web applications, Facebook applications, Business Dashboards and Mobile Sites, and provides ongoing Maintenance Agreements. The company enjoys an excellent reputation, with 90% of its business coming from word of mouth referrals. 60% of revenue is derived from established working relationships with advertising, marketing, and social media agencies that partner with the company to execute on their more technical client engagements. These relationships have shown continued growth opportunities. The company is very metrics oriented and has proprietary business systems and trade secrets that provide for a distinct competitive edge and first-class service to its many customers. Strong processes and systems keep employees accountable for profits and quality.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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