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Company for sale - 74 clients (niche business)

Discussion in 'Sites' started by richard3i, Nov 13, 2006.

  1. #1
    I am looking into the possible sale of one of my companies if the offer is right. It has been around since 2004. The domain is a fairly simple one, it has a pagerank of 6 with sub pages of pr5 and sub sub pages of pr4. This site has its own niche, it is NOT A STANDARD HOSTING COMPANY with hosting packages. If you know the domain name please do not post or discuss it here. Please request the domain via email or pm.

    Below are price figures. About half of the clients that signup request additional services from us because of the products we sell.

    There is one client that is that is paying 100.00/month for a special package, he would be the 74th client. He has been paying on time (every month, or 2month intervals, he notifies which it will be) for the past 7-8months. He will continue payments with new owner.

    CLIENTS PAY VIA PAYPAL and 2CHECKOUT. I will transfer the 2checkout account. Clients being billed via the 2checkout account are invoiced monthly.

    TOTAL CLIENTS: 74

    Monthly
    Items Sum Expected Yearly Income
    46 $541.27 $6495.24

    Quarterly
    Items Sum Expected Yearly Income
    1 $300.00 $1200.00

    Semi-Annual
    Items Sum Expected Yearly Income
    5 $467.50 $935.00

    Annual (this includes domain names)
    Items Sum Expected Yearly Income
    66 $3051.70 $3051.70

    Totals from only hosting fee’s.

    118 $4360.47 $11681.94

    Development fee’s and site modifications charged to customers. (profit)

    $3000-4000.00

    TOTAL ANNUAL INCOME: 15,000.00/annual
    TOTAL MONTHLY INCOME: 6-700.00/month (not including extra services, and bi-annual and annual paying customers)

    COSTS:
    1 VPS – 100.00/month at liquidweb.com (they are great)
    1 reseller account – 28.99/month site5.com (they are great as well, slower response times lately though)
    1 reseller account for products – (59.99/quarterly)

    TOTAL COST: 130.00/month + 59.99/quarterly


    TOTAL ANNUAL PROFIT: 13,200.00



    Very important as well is all the domains that are registered through us. They are all registered in godaddy.com and will be pushed to new owner.


    REASON FOR SELLING: I am collecting funds for an online investment. I am also selling another network of sites, non related to this one. There is a note at the footer of this thread.

    IMPORTANT!:
    I had some issues with my paypal account, about 30-40% of the clients are on paypal subscriptions. They already have been notified and are waiting for a new subscription or new invoices to be sent out. This is perfect for the new buyer to jump right in. Only about 6 clients subscriptions have not gone through yet making this a more seamless transition than a standard transfer.

    OFFERS:

    DOMAIN REQUEST VIA EMAIL OR PM PLEASE

    I am entertaining offers no less than 10/months revenue ($12,500).


    BIN: $15,000.00

    I feel that the domain name rank, client base, and age of the company gives it this value. I know there are going to be questions, PLEASE ONLY ASK QUESTIONS via EMAIL OR PM. Unless, of course, I missed something fairly important that should be posted here.

    LENGTH OF SALE: If there are offers in the above range being received, I am willing to sell in a week. The sooner the better in regards to the clients that are on paypal subscriptions.

    EMAIL: thatrichyperson [at ] yahoo.com

    Thankyou for taking the time in reading this!



    Side note: I have a collection of proxy sites that are bringing in about 7-10/day with google adsense and 1.50-3.00/day with adversal, if interested feel free to contact me. This is on an entirely different server. I WILL CONSIDER selling it with this company. There are a total of 5 sites, bringing in over 215,000 uniques a month. Some of the domains are premium as well. A great tool for advertising (banners, popups, links)
     
    richard3i, Nov 13, 2006 IP
  2. richard3i

    richard3i Active Member

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    #2
    bump and note:

    I will stay on board for 30days to help the new owner, and if necessary, train how to run things.

    Average signups / month with no advertising: 7-10

    Accepted payment methods: escrow, western union, bank transfer, check with pending clearing
     
    richard3i, Nov 13, 2006 IP
  3. marqpdx

    marqpdx Peon

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    #3
    What coding language is the bulk of the dev work done in?

    What billing software are you using?

    How much time do you spend weekly on support?
     
    marqpdx, Nov 13, 2006 IP
  4. richard3i

    richard3i Active Member

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    #4
    Alright, great questions.

    1) 60% php, 30% html, 10% mysql and it usually entails inserting logos, adding a search field, modifying search fields, I did have 2 orders this month to insert a custom banner maangement system, which I have completed and can show to the new owner.

    2) ClientExec is the billing system (up to the last build, a little customized with packages)

    3) About 5-6 hours a week total.
     
    richard3i, Nov 13, 2006 IP
  5. czar

    czar Guest

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    #5
    Please send details.

    Thanks
     
    czar, Nov 13, 2006 IP
  6. pbert

    pbert Peon

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    #6
    please pm info
     
    pbert, Nov 13, 2006 IP
  7. richard3i

    richard3i Active Member

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    #7
    PM's have been sent and emails replied to. Clients are all using cpanel.
     
    richard3i, Nov 14, 2006 IP
  8. Froggie

    Froggie Well-Known Member

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    #8
    i am interested, please keep me in the loop
     
    Froggie, Nov 14, 2006 IP
  9. richard3i

    richard3i Active Member

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    #9
    Still taking offers. I am willing to throw in the proxy network with the sale if a good offer is made.
     
    richard3i, Nov 15, 2006 IP
  10. marqpdx

    marqpdx Peon

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    #10
    how much is the proxy network costing you per month? any work needed to maintain in?
    thx,
    m
     
    marqpdx, Nov 15, 2006 IP
  11. Kalyse

    Kalyse Peon

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    #11
    Please PM me details
     
    Kalyse, Nov 15, 2006 IP
  12. a389951l

    a389951l Must Create More Content

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    #12
    Please me pm the details also
     
    a389951l, Nov 15, 2006 IP
  13. richard3i

    richard3i Active Member

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    #13
    The proxy network is on its own dedicated server which costs $140.00/month. Though its not using nearly all of its resources. The proxy network takes little to no maintenance, pretty much put in your google adsense codes and adversal codes and your good to go.
     
    richard3i, Nov 15, 2006 IP
  14. checky

    checky Peon

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    #14
    Please send me url
     
    checky, Nov 16, 2006 IP
  15. richard3i

    richard3i Active Member

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    #15
    quick note: development fee's is what we charge clients for modifying their websites. Such as logo changes, php edits, etc.
     
    richard3i, Nov 16, 2006 IP
  16. Froggie

    Froggie Well-Known Member

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    #16
    can we pls get a end of auction date.
     
    Froggie, Nov 16, 2006 IP
  17. richard3i

    richard3i Active Member

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    #17
    11/21/06 will be the last day of accepting offers. That is Tuesday of next week.
     
    richard3i, Nov 16, 2006 IP
  18. find102

    find102 Peon

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    #18
    send me the url
    thanks
     
    find102, Nov 16, 2006 IP
  19. James12513

    James12513 Well-Known Member

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    #19
    I am interested, plz pm me the URL :p
     
    James12513, Nov 16, 2006 IP
  20. ctdigital

    ctdigital Peon

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    #20
    I am also interested, please send me details including URL.
     
    ctdigital, Nov 17, 2006 IP