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

Hotel Virtual Tour Company With Longtime Major Accounts

Location  Colorado,United States
Asking Price Range  $250K - $500K
Gross Revenues  $250000
Net Profit / Cash Flow  $108000
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  1998
Number of Employees  4 - 5
Relocatable  Yes
Number of Employees  4 - 5
Real Estate  Leased
Training  Yes, 2 weeks
Reason for Sale  Other venture. Burnout

Description  $80,000 adjusted net income. Consistent. Average Yearly Revenue is over $250,000, using one managing partner 1 photographer and 1 part-time sales person. Can easily ramp up and duplicate effort and results. California S-Corp Operating in Colorado Jan 1, '04 - Jan 29, 09 Monthly Fees 271,877.00 Yearly Fees 246,880.00 Total Fees 518,757.00 Product (CDROMS, ETC.) 32,650.00 Services 363,794.48 Uncategorized Income 5,480.88 Total Income 920,712.36  Since 1998. General partnership, 2001 CA S-Corp  Photographs and Creates Online Virtual Tours for Hotels.  Completely Satisfied Customers  Recurring monthly revenue for Hosting  Recurring Yearly Revenue for distributing images to travel sites via 3rd party partnership  Average new account sale is $2250.00.  Promoted as Starwood Hotels and Resorts Sole Preferred Provider for Entire North America. includes: Westin, St.Regis, Luxury Collection, Sheraton, Four Points, Aloft and W hotels.  Hyatt preferred vendor since 2001.  Best Western preferred vendor.  KOR hotel preferred vendor.  Solid Master Agreements with each corporate HQ.  Untapped Marriott and Hilton Hotels.  No slowing during poor economy.  Good margins can offer discounts to boost signups.  No overhead, virtual office location for 8-5 Phones, mail and conference, easily upgraded to permanent location.  Hands off sign up with online order site that generates real-time contracts and property preparation.  Independent contractors for photography and sales.  Plug and play tour creation and publishing each job takes less than 1 hr to publish  100's of testimonials.  Competitive landscape is low, we are established as a premier content provider.  Can upgrade customers with add-on products (CD's , Multilingual Voice, Content Distribution, Still images)

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