Cyber Security Provider with 70% Repeat Customer Rate – Website Encryption Solutions
This leading tech company is a subscription-based cyber security provider, specializing in website encryption solutions. They offer basic recurring web security certificate packages as well as premium managed service offerings for enterprise-level customers. With a user-friendly interface and strong relationships with major certificate authorities, they cater to a broad range of clients in the tech industry.
OPERATIONS
The operations of this company are highly efficient and simple, thanks to its user-friendly portal-based interface. They offer a range of services including certificate holding and renewals, system integrations, code review, live training, and workflow planning. Their expertise in the cybersecurity industry allows them to provide top-tier services to their clients.
The supply and logistics for this company primarily revolve around digital platform maintenance and contract labor. With a lightweight business model, it can be operated from anywhere and does not depend on other platforms for its services.
MARKETING AND KEY METRICS
The company has a strong presence in the market with multiple page 1 rankings on Google. They have a 70% repeat customer rate and their annual contract average is $2,294. With a broad client base, they serve both consumer end-users and wholesale and retailers. They have a stellar reputation in the cybersecurity industry.
The sales channel for this business is primarily through direct sales and marketing efforts. As the company has multiple page 1 rankings on Google, it drives organic traffic to its website. Moreover, they have a strong customer base and a high repeat customer rate, leading to sales growth.
The key metrics for this business include a 70% repeat customer rate, 375 active clients, and an annual contract average of $2,294. They have strong relationships with major certificate authorities and offer a range of services to cater to their clients’ security needs.
The customer base for this business is broad, catering to both individual consumers and wholesale and retail clients. They have 375 active clients and serve clients in various industries. Examples of customers include e-commerce businesses, financial institutions, healthcare organizations, and technology companies.
BUSINESS MODEL & RESOURCES NEEDED
The existing team in place helps manage the business, making it a turn-key acquisition opportunity. The owner’s time investment is minimal thanks to the nature of the business. The company operates with contract labor and does not have a large employee base.
THE INDUSTRY
The industry in which this business operates is cybersecurity. It is a fast-growing industry that focuses on protecting websites from cyber threats. With the increasing reliance on digital platforms, the demand for cybersecurity solutions has grown exponentially. Examples of companies in this industry include Symantec, McAfee, and Palo Alto Networks.
OPPORTUNITIES TO SCALE
There are several scale opportunities for this business. They can expand their offerings to target different industries and increase their customer base. They can also invest in marketing and sales strategies to reach a wider audience. Additionally, they can explore partnerships with other cybersecurity companies to expand their service portfolio.
Asking Price: $1,400,000
Gross Income: $951,837
Cash Flow: $313,100
Year Established: 2007
Employees: 2
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