Seller Financing
Sale Pending
Asking Price
$1,200,000
Gross Revenue
$1,100,769
Cash Flow
$380,978
Overview
Business
Description
SBA Pre-Approved
This offering has been pre-qualified for SBA financing.
Business Overview
This opportunity is a US-based, 5-star rated, full-service website and database development company (including its proprietary systems) that is dedicated to helping clients with the planning, design and development of custom website and product development projects. The company boasts strong and stable cash flow, consistently achieving more than $1M+ in annual revenue with approximately 35% profit margins and TTM SDE up $20k over last month. They have been voted “Top Web Developer” 5 years running by Clutch.com. Their innovative digital solutions built primarily in .NET and MS SQL Server are tailored to the unique needs of each client. Whether it's building responsive websites with advanced business logic, developing e-commerce platforms, building online systems to streamline workflows, creating web-based systems to track and report over relational database information, or implementing content management systems, this business prides itself on its ability to transform ideas into impactful online realities.
Its customer base encompasses both non-profit and association clients and for-profit private companies. One very notable, high-profile client has used the website and back-end tools developed for them since 2006, with improvements and new features added every year!
The business is successfully run by three owners with two additional full-time employees and multiple part-time contractors. Operational tasks include account/project management, strategy, programming and database development, QA testing, and application support. The business has developed long-term relationships with all its contractors who are utilized depending upon the needs of projects at any time.
The business has been able to grow and maintain with virtually no marketing, winning projects through repeat work, referrals and requests submitted through the website, providing a huge opportunity for a new owner to scale the business with paid advertising strategies. Building on its proven success and well-established foundation, this business is perfectly poised for future growth.
Key Benefits
-Profitable and Debt-Free Since Inception
-Strong, Consistent Cash Flow with 35% Profit Margins
-New AI Projects in the Pipeline
-Loyal Client Base
-Capable, Veteran Team that has Good Working Rapport
-Proprietary Content Management Software Developed In-House
-Company Expects Demand from their Existing Clients to Remain Strong
-Untapped Potential in Marketing
-Company has Always Valued the Work/Life Balance, -Maintaining Profitability While Working 40 Hours or Less Per Week
Growth Prospects
As previously noted, the business has expended very little time or money towards sales and marketing. As such, they feel the company should be able to grow and thrive with minimal efforts. Sales opportunities would include the following areas:
-Position the company as product development specialists
-Explore white label relationships with branding and marketing firms
-Resell the proprietary CMS and admin tools
-Upsell existing clients, for example on generative AI integration
Sale
Reason for Selling
Having built the business to its current success, the owners would like to take a step back and alleviate some of the pressures of ownership
Training/Support
Yes
Premises
Location
Arlington, VA
Contact The Seller
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