Highly Reputable Website Design and Development Company with 75% Repeat Customer Rate and Established Team.
A 27-year-old website design and development company with experience in coding and programming, site maintenance, technical support, and consulting services. The team has excellent reputation and skills to deliver top-rated products and services. The company has a strong 75% recurring revenue rate from ongoing contracts, a great feat in the sector, with a growing number of clients in various industries.
OPERATIONS
The company has a large and experienced team in place to deliver services that customers need, including workers skilled in coding, programming, design, and a WordPress Preventive Maintenance Team that prevents malware from disabling a client’s website. They have ongoing contracts with clients that are routine, with several clients staying on long-term since the company was launched, or returning for additional services.
The company has a large and experienced team in place to deliver services that customers need, including workers skilled in coding, programming, design, and a WordPress Preventive Maintenance Team that prevents malware from disabling a client’s website. They have ongoing contracts with clients that are routine.
MARKETING AND KEY METRICS
The company seldom advertises and spends virtually nothing on advertising, but rather relies on client referrals and word of mouth advertising. The company’s website provides many examples of their outstanding work, giving new prospects a clear example of what they can expect. The company has a presence on all major social media platforms, and their website is fully optimized for SEO. In addition, the company has an informative blog that helps boost organic traffic.
The company has experienced growth from client referrals, although it could consider offering search engine optimization, digital marketing budgets, and mobile app development services to tap into high-demand areas. The brand has the potential to grow by offering such services.
The company has a strong 75% recurring revenue rate, with several clients staying on long-term since the company was launched or returning for additional services. The company is projected to grow at a phenomenal rate in the coming years.
The company has a range of clients in various industries, including real estate, finance, law, trade, membership groups, non-profits, and municipal governments. Several clients have stayed on long-term since the company was launched or returned for additional services.
BUSINESS MODEL & RESOURCES NEEDED
The company has a team with expertise in coding, programming, design, and WordPress Preventive Maintenance.
THE INDUSTRY
The website design industry is valued at $40 billion in the U.S. alone, providing a variety of services that include web design, user experience design, code writing, and optimized website functionality. Without these services or a website, any business’s competitive edge online is severely diminished. There is a rising demand for quality website designers who can provide ongoing maintenance services to help businesses connect with their customers.
OPPORTUNITIES TO SCALE
The company has a solid team and strong customer base that would make scaling easy. The company can invest in additional website technology and services such as search engine optimization, client management of digital marketing budgets, and mobile app development services.
Asking Price: $1,500,000
Gross Income: $500,936
Cash Flow: $363,356
Year Established: 1995
Employees: 5
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