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US Service Business offering Hosting, Web Development, SAAS Products for USA Financial Institutions

United States
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    US Service Business offering Hosting, Web Development, SAAS Products for USA Financial Institutions

    Asking Price:

    TBD

    Gross Revenue

    $1,300,000

    EBITDA

    512000 (NOI)

    Property ID:

    L#20210139

    Country

    United States

    Description

    The typical budget range for web development projects is between $50k and $75k. Solutions are built using commercial and open-source content management systems with Company-developed proprietary tools to address security and compliance requirements important to the banking industry.

    Clients typically perform their own website content management activities and engage Company for technical support in the areas of programming assistance, website design, digital marketing, and SEO.

    All professional services are provided in-house by Company employees.

    Company provides shared and dedicated managed hosting for websites using open source (e.g., WordPress) and commercial content management systems hosted on virtual Windows servers, as well as virtual Linux servers using cPanel. Hosting is provided through a combination of colo (running VMWare) and third-party private cloud servers.

    Multi-year hosting contracts range from $3,600 to $60,000 annually. Buyers must be pre-approved.

    2020 Revenue $1.3mm NOI: $512k

    2021  Jan 1-June 27, 2021 Revenue $719k NOI $261k

    Detail

    Updated on August 13, 2021 at 7:31 am

    Property ID:L#20210139
    Property Type:Internet Businesses
    Property Status:For Sale
    Asking Price: TBD
    Gross Revenue:$1,300,000
    EBITDA:512000 (NOI)
    Support & Training:6 Months
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