Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Sold. Web Design, Build, Maintenance & Hosting Company And Design Consultancy

LISTING DETAILS
Firms For Sale ID:
33063
Vendor reference:
IU171
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£120,000  
Turnover / revenue:
£174,000
Net profit / cashflow:
Undisclosed
Years established:
13
Trading hours:
Typically 40 hour week, Monday-Friday
Number of employees:
4
Employees / staffing:
The vendor works full time in the business. The business also employs 4 full time web developers who also operate as client account managers. It also utilise freelance staff overseas when required.

OTHER DETAILS
Reason for selling:
Personal reasons. The business is also ripe for a new injection of energy and business acumen to maximise all the opportunities at its disposal
Support and training:
The current owner will provide all necessary hand over and training to ensure a smooth transfer of the business to new owners. However with key members of staff in place it is envisaged that this will not need to be extensive.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Web Design, Build, Maintenance & Hosting Company and Design Consultancy
Ref.IU171
Location Nottinghamshire/Relocatable
Asking Price £ 120,000
Established more than 13 years ago, this web design and consultancy business promotes its Clients by providing very high quality, tailor-made web design and hosting services that are highly professional and effective. This business has an excellent reputation for creativity, outstanding service, and unsurpassed expert advice and support – and with considerable expertise in search engine optimization techniques, this business is in the enviable position of being able to guarantee clients impressive improvements in their online presence.

With a phenomenal success rate in pitching its web service offering, this business has a diverse and rapidly growing client base. This business had well over 600 web design and hosting Clients at the latest count - providing a regular, predictable annual income stream from hosting, domain names, search engine optimisation and pay-per-click services, as well as from change requests, new projects and ongoing maintenance. Partnering with its Clients rather than being just a supplier, this business provides a very personal service and has very well established and longstanding Client relationships. Its Client list includes both large and small organizations that need turnkey solutions as well as marketing and design houses that need a white label service for specific projects and support.

This business has grown organically to date - entirely down to reputation and by demonstrating its expertise in its specialist fields. The business has had little recent opportunity or necessity for that matter to market itself – benefiting from the most effective form of marketing word of mouth recommendation and high levels of customer retention. The business is always looking to continue to grow and has recently taken on further personnel who will certainly improve futures revenues and profitability.

With turnover in excess of £170,000p.a and a very large “live client bank this business represents an excellent bolt on to an existing web design and hosting operation looking to extend its penetration into the SME marketplace or alternatively a more generalist IT services and support provider looking to extend its portfolio of IT related services.

Expansion Potential
The business has enjoyed impressive growth to date and its client bank is strong. This provides excellent levels of visible pipeline - it currently has around 12 months work forward planned! The owners feel that they have grown it to a point whereby it now needs to be taken to the next level in its growth curve. The business doesn’t have a sales force as such and doesn’t even target its own customers to maximise potential. There are huge expansion possibilities.

Market / Competition / Non-Competition Agreements
A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation – by far the most effective form of marketing for any organization.

Not surprisingly for a web design company, the business does have a very creative, easy to navigate and user friendly website that performs very well in all the major search engines for all appropriate search topics. It also carries out e-shot campaigns from time to time to target new clients.