Business for Sale |
Buy A Business |
ID:20157
New York County, NY
Business Type: seller financing available,special situations,best deals!,assets only sale,internet/ technology businesses,business services (biz-to-biz),domain names/ basic sites,general internet,isp/asp services,software,web design/ tech services,misc. internet/technology/non-classifiable
Asking Price
$350,000.00
Gross Revenues
$510,000.00
Financing
$ 200,000.00 Down and 150,000 at 5% for 5 years
Owner's Cash Flow
$91,700.00
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.
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