This unique, thirty two year old business specializes in providing digital marketing solutions, custom website development, hosting services, and more. Founded in 1986, this full-service, Google certified digital marketing company provides valuable development and marketing services for businesses of all sizes in multiple verticals. Unlike many marketing and web development firms that rely on one-time development projects, this boutique agency has established a highly valuable base of recurring revenues with approximately 78% of theÂ revenues coming from residual income. As a result, approximately 78% of annual revenues come in on a largely "automatic" basis and essentially create a "subscription-like" effect, as most customers pay on a regular basis because of the ongoing nature of marketing campaigns. With a solid and scalable infrastructure and turnkey staff in place, this business is poised for substantial growth ahead.
While PPC Management and Web Design represent the majority of its current business, additional revenue comes from SEO services and hosting. Since inception, this business has continued to grow its comprehensive service offering, which has created a very loyal customer base, having 78% of revenue coming in on a residual basis. Referrals have also been an increasingly large source of customer acquisitions, which clearly illustrates the high level of customer satisfaction. Additionally, the customer retention rate and lifetime value is extremely high, which opens the door to offer additional complementary services. Operating in an evolving and extremely innovative industry, there are constantly new added services and solutions to be offered to customers. With approximately 300 active hosting and marketing clients generating 78% of sales in monthly recurring revenue, this business represents a high quality acquisition opportunity with decades of reliable cash flow and a highly valuable base of recurring client relationships and revenues.
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There is still tremendous potential for growth by expanding on the current marketing efforts.
Competition / Market:
There is some competition, but this company has a great reputation and has developed a footprint in its niche.
Support & Training:
he seller is committed to the companyâ€™s ongoing success and will provide 60 days of complete training and support.
Reasons for selling:
While the owner has always been passionate about the digital advertising niche, he is ready to move on as after thirty two years, he would like to take a step back from the day-to-day operations of running this business.
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