This text describes a business specializing in web design and development alongside investments, based in Dallas, Texas. The organization has been operational since 2003 and has successfully managed a variety of internet-related projects. It currently owns a website that serves as a Joomla! plugin store offering both free and paid extensions with a highly reputable standing in the Joomla! community. Since acquiring the site in early 2014, it has seen substantial revenue growth, with the monthly earnings increasing from around $1,900 to between $2,900 and $3,000 post-redesign. The business operates on an autopilot model with minimal costs, as its hosting is prepaid, and the maintenance is straightforward. The key to profitability is the continuous development and upgrading of the plugins to boost sales and revenue.
Despite its success, the business seeks new ownership as current focus shifts towards larger-scale applications and startups. The sale package includes domain, hosting, social media accounts, unsold plugins, access to transaction processing, and ongoing support. Challenges involve keeping up with updates and integrations, while future opportunities could arise from marketing and introducing new features. Competitive advantages include superior design, customer service, and product quality. Although a non-compete contract is not an option, the business offers post-sale support and training. The sale price is set at $65,000 with potential for renegotiation as the team focuses on bigger projects. Thorough documentation of revenue and traffic will be available to serious buyers.
A serial entrepreneur with a passion for turning bold ideas into high-growth companies....
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100.0% positive feedback
2 transactions totalling USD $107,600
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