Back to Listings Revenue Growth 28% / Adjusted Income Growth 45% for Web Design and SEO Management

Asking Price : $369,000

Annual Gross Revenue : $159,666

Annual Net Profit : $127,381

Profit Multiple : x2.90

Inventory Value: N/A

R-Index : 129

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From the Broker

Growth continues: 1Q 2020 compared to 2019 Revenue Growth increases 25% and Adjusted Net grows 45%! 2020 earnings on track to beat $150,000.
Long Established, Profitable, Award-winning Branding, Graphic Design Web Agency. Over 10 years of business stability with name recognition and great reputation. Specializes in custom web development, hosting, Content/Search Engine Optimization and Google Ad Word management. Recurring revenue of $10,409 a month. Has 1 contract employee handling web site development. Business is home based in Las Vegas Metropolitan area. Owner is retiring but willing to train and transfer the technology which has made him a "Web Marketing Guru".Unlike many web development firms that rely on one-time development projects. this company has established a highly valuable customer base of recurring revenues with approximately 69% of total revenues coming residual income. As a result, revenues come in on a largely "automatic" basis and essentially create a "subscription-like" effect, as most customers pay on a regular basis because of the ongoing nature of Search Engine Optimization. With a loyal customer base and top Google rankings, this business is poised for substantial growth ahead.

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Sale Pending: No

First Seen: Fri, Jan 31st 2020

Last Updated: Thu, May 7th 2020


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