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Small Established Hosting - Rock Solid Investment
Location: United States
Industry: Technology – Internet Related > Internet Service Providers




Business Summary

I started this business in 2002, but because it was just me, and I'm all thumbs when it comes to keeping the books and billing, I never had more than 60 clients at one time until February 2010, when a hired a pretty assistant to help me expand INN Web Designs. By early June, I reached 168 clients and a ''NET'' annual revenue of over $58,000.00. I married my assistant. 4 days later, my godaddy.com acct was hijacked. The full story is posted all over the internet and complete verifiable, my account had been hi-jacked with over 120 hotel domain names, my unlimited hosting plan, 100s of my clients email account. Unable to access my account the domain names expired and I was helpless. I managed to save a small # of those account, plus I had 37 more accounts at domainsnow4u.com. 8 months after our marriage, my wife left me and by June, my client database was at 57. Since then I've managed to get up to 110 hotel accounts, but my inability to organize, was causing me to forget who had paid their fees and accounts expiring because of me. I am currently at 100 accounts and generating a ''Net'' annual revenue of $20,000.00. I want out of the hosting end of my business now. I've received two offers, includent contracts and letters of intent. But one offer is $15,000 up fron and $15,000 in 6 months. The other says he'll have the cash in about 30 days. If you are interested in a small, rock solid investment that includes everything you'll need to run it. Also I will sign a contract with the buyer that every new account that I get, I will design their site and be paid only for the design, every single new account will be given to you for hosting and whatever annual services you can sell them I will incude this in the deall for two years, at which time you will pay me 40% of the new clients annual fees. This pertains only to new accounts generated by me. If I don't sell my company soon, I'll just have to hire someone to do my books. TOTAL PRICE $30,000 Call: 602-722-6812


Financials

Asking Price Range:  $20.0M - $35.0M
Gross Revenues:   $20,000
Cash Flow:   $850
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2002
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Unlimited consultation.
Reason For Selling:  Read above + two car accidents, need to buy a new car!

Photos

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Small Established Hosting - Rock Solid Investment Photo 1 Small Established Hosting - Rock Solid Investment Photo 2 Small Established Hosting - Rock Solid Investment Photo 3




Print Listing Id: 700173748
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Related Searches: Application Service Providers  >  E-Commerce and E-Tailers  >  Internet Service Providers  >  Web Design and Software Development  >  Other Technology - Internet Related  > 

Also See: Franchise Opportunities > Franchise Resales

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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