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10Y Old #1 Trusted VPN Business

Hong Kong, Hong Kong
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    10Y Old #1 Trusted VPN Business

    Asking Price:

    $1,500,000

    Gross Revenue

    $1,400,000

    EBITDA

    TBA

    Established

    2009

    Property ID:

    L#2020745

    Country

    Hong Kong

    City:

    Hong Kong

    Description

    One of the best VPN Company for Sale on the market. The business started in 2009 from Hong Kong under British management. This company has been always profitable. Cash generative, good gross margin, subscriber based.

    • VPN provider that focuses on expats, business and Leisure travelers.
    • Access geo restricted content such as BBC iPlayer, Hulu, ITV Hub.
    • Full suite of privacy and security features, inc AES256 encryption, kill switch, DNS leak protection.
    • Supports all devices and OS Win, Mac, iOS, Android, Linux and DD-WRT.
    • Proprietary Customer Management System.
    • Strong brand that is well known amongst our peers and customers.
    • Strong customer support.
    • Customers based globally, US 30%, EU 40% and Rest of the world 30%

    Detail

    Updated on August 3, 2021 at 10:03 pm

    Property ID:L#2020745
    Property Type:Internet Businesses
    Property Status:For Sale
    Asking Price: $1,500,000
    Gross Revenue:$1,400,000
    EBITDA:TBA
    Established:2009
    Business Description:Expats, Business, leisure travelers, individuals who want to stay private on the web, individuals who want to stay safe on the web while traveling.
    Facilities:Operations outsourced, no office. Virtually no overheads and almost all costs are variable. Currently with Covid pandemic new business is significantly down, however we are well positioned to “weather the storm” .
    Competition:Approx. 250 Top Players
    Growth & Expansion:The VPN market continues to grow within business and leisure, at a forecast rate of 12% CAGR between 2020 and 2026. The strategic landscape, however, is changing due to increased competition from bigger players, the emergence of so called “comparison sites” and increased blocking activity by the content providers.
    Support & Training:3 Months
    Reason for Selling:Retirement
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