Back to Listings Shopify Top Rated Web Development Business

Asking Price : $499,500

Annual Gross Revenue : N/A

Annual Net Profit : $160,000

Profit Multiple : x3.12

Inventory Value: -

R-Index : 121

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From the Broker

A well established full-service web design company. The business has established a very strong presence on the Shopify platform and has a flawless reputation and outstanding reviews.

The business has access to a number of long-term subcontractors and can rely on stable cash flows. The business has a very strong new business pipeline and the cash flow has been steadily increasing over the past four years. The main constraint for the additional growth is the production capacity. In fact, the firm is selling a portion of the leads it cannot service.

The firm serves the entire US market, but the majority of leads are coming from California. The firm is generating a copious number of leads almost exclusively on the strength of its reputation on Shopify and the quality of its web page. The firm is not using Google AdWords, Facebook Ads, or other social or traditional advertising. Its web page is also optimized for Los Angeles traffic, so there is scope to service a much larger pool of buyers.

The new owner would likely benefit from expanding the operations in order to take advantage of the business' truly excellent reviews and strong web presence. Once the capacity shortage is addressed, the business could capitalize on its reputation by expanding its geographic footprint or its marketing efforts.

The business would likely need significant engagement by the new owner or would have to be rolled up in a larger organization needing additional demand. The current owner is willing to provide the training at no cost along with the continued consulting support if needed.

For additional information, please register at https://www.bizex.net/register. During the registration, you will be asked to provide a few your contact details and accept the non-disclosure agreement. Please note that you do not have to fill out all the entries.

You may also contact Tom Culo, M&A Advisor, (310) 340-9900 tculo@bizex.net.

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Sale Pending: No

First Seen: Fri, Nov 16th 2018

Last Updated: Tue, Nov 20th 2018


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