The business focuses on creating user-friendly website building products, specifically WordPress themes, catering to beginners in website development. It has developed a strong customer base over the years, with more than 4,000 customers having purchased its products, alongside over 10,000 active users of its free themes available on a popular platform. The primary revenue model is converting free users to premium customers, supplemented by annual renewal fees for continuous support. Recently, the business has seen a lack of significant updates to its products, presenting an opportunity to boost revenue with more frequent updates.
In 2020, the business faced challenges with its payment processing as its main and secondary accounts with a major service were closed due to policy conflicts, not business-related issues, leading to significant revenue losses. Despite the impact of this and the pandemic, which contributed to lower earnings of $8,700, the business previously achieved sales exceeding $15,000 in a 12-month period.
The owner intends to sell the business to concentrate on a smaller number of web properties. The ideal buyer would have expertise in WordPress development to enhance theme features, increase update frequency, and develop new offerings. Proficiency in customer support is also desired.
Assets included in the sale are customer databases, domains, website files, source code, and content. Post-sale support is offered to ensure a smooth transition. The business maintains a modest social media presence with a following on Facebook, Twitter, and a mailing list comprising 4,000 email addresses.