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SELLER GUIDE
5 Comments
6,393
Views
108 Watchers
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Another Website Business
SOLD
Sale Assisted By: Alex Cardenas Broker Onboarding Manager, North America
Seller Location
United States
Buyer Location
United States
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Website

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Website | Internet

Maine's #1 Hotel Marketing Website for 24 years. Proven track record of success. Ready for new owner to bring it to the next level. 173 current clients.
Content Internet Sponsored
Business Location
Site Age
28 years
Monthly Profit
USD $9,635 /mo
Profit Margin
99%
Page Views
247,689 p/mo
Profit Multiple
3.2x
Revenue Multiple
3.2x
Sponsored
About the Business

The marketing company discussed was founded in 1994, initially offering brochure and web development services to hotel clients, becoming pioneers in providing websites for hotels in Maine. Recognizing the future proliferation of hotel websites, the company created a secondary site, aimed at becoming the central hub for lodging searches in Maine. Over time, it evolved by monetizing the website entries for their clients and increasingly added more due to rising demand. In 2003, this strategy significantly boosted business growth. Faced with challenges in 2017 and 2018, such as Google result alterations, lack of mobile responsiveness, and transition issues to an HTTPS secure site, the business saw a decrease in visitors and revenue. However, improvements were made, leading to a significant increase in clients and page views by 2019. The COVID-19 pandemic caused a dip in 2020, but a flexible billing approach retained customer loyalty. Revenue figures show fluctuations from 1999, with a notable recovery of +31% in 2021. The business is currently for sale, with the hope of seeing it grow under new leadership. Operated by a couple dedicating 10–40 hours weekly depending on the season, it presents substantial expansion opportunities, especially in the hospitality sector. Potential enhancements to business operation include developing a separate income stream for an allied site, enhancing sales efforts across various industries, and introducing new website features like reviews and online booking. While not essential to be based in Maine, proximity could be beneficial for business growth.
Sponsored
About the seller
United States
Founder of highly successful marketing, web site development, sales, public relations, ... Read more
Verification Complete
Email address
Phone number
Government ID

100.0% positive feedback

1 transaction totalling USD $370,000

Payment Methods
Escrow.com
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5 Comments
6,393
Views
108 Watchers

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