The business was founded by the current owners nearly 20 years ago. Initially operating as a consultancy it quickly expanded its range of internet marketing services to SMEs, predominantly in the Midlands region.
The business supplies website hosting and support services, digital marketing activities, website design, domain name management and call tracking services. Hosting plans are typically paid for on an annual basis, SEO contracted annually but paid monthly, and the remainder of the services on a recurring monthly basis. Client retention is excellent, with longstanding relationships with the majority.
Both owners work in the business and cover all activities between them, but both are very much part-time, each typically working 20 hours per week. Therefore the workload could be covered by one full time position.
Annual sales are around £110k of which over 95% is recurring and around half is contracted annually. Overheads are very low since the business is operated from home and earnings before owner remuneration are around £90k.
Having reached retirement age, the vendors are naturally seeking a sale of the business but can be flexible over handover arrangements. This extends to potentially providing some training where required in order to fill any knowledge gaps for the purchaser and ensure a smooth ownership transition.
The guide price for 100% share of the business is £150k, to include a debt free cash free Balance Sheet with a positive Net Asset Value, forecast at c £5k.
This opportunity will suit an existing digital marketing agency looking to expand its client base, a web design business looking to extend its services or an individual looking for a robust lifestyle business where customer relationship skills are as relevant as technical skills.
The business is being marketed by www.sellmysmallbusiness.co.uk and enquiries should be addressed to them. Please do not contact the vendors directly.
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