$7.1K Per Month Service Site in the Business Niche
Asking 2.7x annual profit. Comparable Agency businesses sell around 2.1x (1.3 to 3x, 167 comps). Priced 27% above the median.
- Monthly revenue
- $7,089
- Monthly expenses
- $1,769
- Monthly net profit
- $5,320
- Profit margin
- +75%
- Monetization
- Service
- Niche
- Business
- Hours / week
- 1
- Days on market
- 80
- Business location
- US
Summary
This listing is for a service business created in October 2015 in the online business niche. The Wordpress site aims to help entrepreneurs start a specific online business by helping create websites for customers and earns revenue through one-time purchases. The business has a clear path for growth and, thanks to a team in place, requires minimal work from the Seller. The Seller spends about 5 hours per week on the business, answering customer requests and making other sales. There are two employees, a developer and a logo designer, who are willing to stay on with the Buyer. In the case that a customer purchases the highest package and additional content is needed, this is outsourced to someone on Fiverr. The majority of traffic is organic, with the top three countries being the US, India, and the UK. There is an additional site that was created to act as a second landing page. A new white label mobile app has been developed as a template that will allow clients to have their own apps created in the same vein as websites. Marketing this app as a new package is an opportunity for growth for the Buyer.
Reason for sale
After 5 years with the business, the Seller is looking to start something new.
Traffic, trend, size, and valuation figures here are estimates, not verified by the seller. Always do your own diligence before reaching out or making an offer.