Hotel Virtual Tour Company With Longtime Major Accounts
Location:
United States
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Colorado
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Broomfield
Industry: Technology – Internet Related > E-Commerce and E-Tailers
Business Summary
$80,000 adjusted net income.
Consistent. Average Yearly Revenue is over $250,000, using one managing partner 1 photographer and 1 part-time sales person. Can easily ramp up and duplicate effort and results.
California S-Corp Operating in Colorado
Jan 1, '04 - Jan 29, 09
Monthly Fees 271,877.00
Yearly Fees 246,880.00
Total Fees 518,757.00
Product (CDROMS, ETC.) 32,650.00
Services 363,794.48
Uncategorized Income 5,480.88
Total Income 920,712.36
Since 1998. General partnership, 2001 CA S-Corp
Photographs and Creates Online Virtual Tours for Hotels.
Completely Satisfied Customers
Recurring monthly revenue for Hosting
Recurring Yearly Revenue for distributing images to travel sites via 3rd party partnership
Average new account sale is $2250.00.
Promoted as Starwood Hotels and Resorts Sole Preferred Provider for Entire North America. includes: Westin, St.Regis, Luxury Collection, Sheraton, Four Points, Aloft and W hotels.
Hyatt preferred vendor since 2001.
Best Western preferred vendor.
KOR hotel preferred vendor.
Solid Master Agreements with each corporate HQ.
Untapped Marriott and Hilton Hotels.
No slowing during poor economy.
Good margins can offer discounts to boost signups.
No overhead, virtual office location for 8-5 Phones, mail and conference, easily upgraded to permanent location.
Hands off sign up with online order site that generates real-time contracts and property preparation.
Independent contractors for photography and sales.
Plug and play tour creation and publishing each job takes less than 1 hr to publish
100’s of testimonials.
Competitive landscape is low, we are established as a premier content provider.
Can upgrade customers with add-on products (CD’s , Multilingual Voice, Content Distribution, Still images)
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$250,000
Cash Flow:
$108,000
Cash Flow Type: EBITDA
Seller Financing: No
About The Business
Year Established: 1998
Number of Employees: 4 - 5
Relocatable: Yes
Franchise: No
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: Yes, 2 weeks
Reason For Selling: Other venture. Burnout
Click on the "I'm Interested" button above for more information on this Technology – Internet Related > E-Commerce and E-Tailers business for sale.
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Print Listing Id: 70091390
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