Back to Listings Successful Web Development Co. with 30% Recurring Revenue

Asking Price : $1,499,000

Annual Gross Revenue : $880,650

Annual Net Profit : $442,019

Profit Multiple : x3.39

Inventory Value: -

R-Index : 113

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From the Broker

Established in 2001, this successful web development company with 30% recurring revenue is the go-to resource for web design, interactive business and mobile applications, as well as marketing and branding services. The highly trained staff has the technical power and design expertise to create the best user interface and web applications available in today's market. Complete financials and business tax returns validate business performance. The seller only provides high level oversight of business operations, as well as HR and administrative functions. He has created his next chapter and says he is committed to the buyer's success by participating in a successful transition and offering seller carried financing for the right buyer.

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Sale Pending: No

First Seen: Thu, May 2nd 2019

Last Updated: Tue, May 14th 2019

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