Project Longtail, an SEO and performance marketing agency based in Bangkok, Thailand, has demonstrated significant growth since its founding in 2017. Serving over 40 global enterprise clients on annual retainer contracts, the agency has increased its revenue by 3.6 times over two years, reaching $3.8 million USD, with a robust adjusted EBITDA margin of 25.2%. This growth is attributed to strategic enterprise client acquisitions, including a notable 5-year contract with a major global retailer. The agency operates with a 33-person team across various departments, with 98-99% of its revenue stemming from recurring monthly retainers.
The founder, now working only 12-24 hours per week, has delegated daily operations to a skilled Project Manager Team Lead and department heads. Expansion into Southeast Asia with an international client marks a new growth avenue. With a recurrent revenue model and 80% client retention, along with 40+ active annual contracts, the business ensures steady income. The adjusted EBITDA margin has increased due to operational efficiencies and AI initiatives.
The founder is seeking to sell the business due to personal reasons, including new family priorities, and plans a full exit through an asset sale. An experienced team allows for autonomy in operations, facilitating a smooth transition for potential buyers. Financial data and further details on the sale process are accessible following a Non-Disclosure Agreement. The transaction aims for a purchase price leveraging a 4x-5x adjusted EBITDA multiple, ensuring continued operational success under new ownership.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself, or use our new official verification and assessment service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More