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CONFIDENTIAL SALE
UNDER OFFER
20/02/24
607061
A highly respected web design and development agency welcomes established owners to join forces, offering an enticing opportunity for expanding client bases or enhancing service offerings through acquisition or merger.
About Us:
Specialising in the design, development, hosting, and maintenance of WordPress websites, our agency boasts an extensive portfolio of 70 websites across the UK and the EU. Our diverse clientele spans various sectors, including finance, property, energy, industrial, charity, and healthcare.
While predominantly B2B, we also cater to a niche of B2C and house five flourishing ecommerce/WooCommerce clients.
Client Relationships:
Our focus on building lasting relationships is reflected in our ever-growing client base. Operating under standard care plan contracts with an open-ended term and a 30-day cancellation notice, our clients have entrusted us with their online presence.
The average contract age is 4 years, with each client charged a flat monthly fee (ranging from £40 to £1,100 with a standard charge around £100 for the majority of the clients) for the provision of website hosting and maintenance.
Financial Snapshot (2023):
For the period 1st January 2023 to 31st December 2023, the agency generated £237,000 of revenue broken down as follows:
Hosting & Maintenance (H&M): £104,000 in gross revenue.
Additional Services (Support): An extra £95,000 from the same client base.
Web Projects: An average annual revenue of £38,000 derived from web design and development services to clients outside the care plan.
Untapped Potential:
Noteworthy is our intentional focus on web services, leaving the door wide open for the right buyer to explore additional revenue streams. We deliberately abstain from offering digital marketing services, creating a golden opportunity for SEO, PPC, and social media marketing to be seamlessly integrated into our current client base.
Lean and Profitable Operation:
Operated on a lean basis, our agency presents an attractive prospect for those seeking to expand their client base or enhance their service offering.
Mature Technology Stack:
All client sites are based on the WordPress CMS and 90% of the websites are hosted by WPEngine and employ a modern deployment process via CI/CD and Github.
Get in Touch:
If you would like to find out more about this opportunity then please get in touch.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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