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SELLER GUIDE
0 Comments
700
Views
14 Watchers
Watch
Another Service Business Business
SOLD
Sale Assisted By: Alex Cardenas Broker Onboarding Manager, North America
Seller Location
Australia
Buyer Location
United States
Looking to sell a similar business? Or, Browse Similar Businesses
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Service Business

Currency:

Service Business | Business

Web hosting business established in 2010 (14 years go!) in South Africa. 100's of customers, 95% of them are on Webhosting, a few PPC and SEO clients.
Business Location
Site Age
16 years
Monthly Profit
AUD $2,137 /mo
Profit Margin
66%
Profit Multiple
0.9x
Revenue Multiple
0.6x
About the Business

The business discussed operates primarily in web hosting, with a small number of clients in pay-per-click (PPC) and search engine optimization (SEO) services. The clientele comprises hundreds of customers, 95% of whom are web hosting clients with room for service expansion. A full-time developer based in the Philippines handles 40 hours of work monthly, available for any tasks beyond the owner's capabilities. A PPC manager, also in the Philippines, oversees the few PPC clients, with the owner responsible for advisory and service charges. The business guarantees monthly recurring income from the start. Operationally, proficiency in WordPress or Wix will simplify management tasks, which are coordinated through Trello or any preferred platform. Major technical tasks can be assigned to the developer. Most customers, 99%, are based in South Africa, necessitating a South African bank account or the implementation of an auto-billing system. Financial management needs to adapt currency discrepancies in Xero and Flippa due to billing in South African Rand (ZAR). Average monthly income is approximately 50,000 ZAR (~$2,600 USD), with expenses around 13,000 ZAR (~$700 USD), resulting in a monthly profit of 37,000 ZAR (~$1,900 USD). While some customer interactions can be challenging, previous issues have been mitigated by a recent price increase. The current operator is willing to remain involved for several months to ensure a seamless transition for any new owner.
About the seller
Dale
3253 HOLDING GROUP PTY LTD
Australia
Website Designer, Marketing Guru and Business Builder
Verification Complete
Email address
Phone number
Government ID

100.0% positive feedback

7 transactions totalling USD $21,059

Payment Methods
Escrow.com
FlippaPay
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