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Businesses For Sale   >>   Technology - Internet Related Businesses For Sale

Small Established Hosting - Rock Solid Investment

Location  United States
Asking Price Range  $20.0M - $35.0M
Gross Revenues  $20000
Net Profit / Cash Flow  $850
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2002
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  Unlimited consultation.
Reason for Sale  Read above + two car accidents, need to buy a new car!

I started this business in 2002, but because it was just me, and I'm all thumbs when it comes to keeping the books and billing, I never had more than 60 clients at one time until February 2010, when a hired a pretty assistant to help me expand INN Web Designs. By early June, I reached 168 clients and a ''NET'' annual revenue of over $58,000.00. I married my assistant. 4 days later, my acct was hijacked. The full story is posted all over the internet and complete verifiable, my account had been hi-jacked with over 120 hotel domain names, my unlimited hosting plan, 100s of my clients email account. Unable to access my account the domain names expired and I was helpless. I managed to save a small # of those account, plus I had 37 more accounts at 8 months after our marriage, my wife left me and by June, my client database was at 57. Since then I've managed to get up to 110 hotel accounts, but my inability to organize, was causing me to forget who had paid their fees and accounts expiring because of me. I am currently at 100 accounts and generating a ''Net'' annual revenue of $20,000.00. I want out of the hosting end of my business now. I've received two offers, includent contracts and letters of intent. But one offer is $15,000 up fron and $15,000 in 6 months. The other says he'll have the cash in about 30 days. If you are interested in a small, rock solid investment that includes everything you'll need to run it. Also I will sign a contract with the buyer that every new account that I get, I will design their site and be paid only for the design, every single new account will be given to you for hosting and whatever annual services you can sell them I will incude this in the deall for two years, at which time you will pay me 40% of the new clients annual fees. This pertains only to new accounts generated by me. If I don't sell my company soon, I'll just have to hire someone to do my books. TOTAL PRICE $30,000 Call: 602-722-6812

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