For Sale:
News Content Management System Internet Business
Asking Price: $350,000
Description
This website offers a commercial open source news content management system that provides web publishing to media agencies, online newspapers and others in this field. The concept was brought to life by the founder, a freelance web developer at the time, who wanted a CMS that was simple to use, yet modular and powerful, to help him deploy websites for his clients. The solution started as a simple bundle of PHP scripts and has gone through several major evolutions to become the web content management solution it is today. After 4 years in the business, the company is well established in this industry. Its customers are individuals, SME's, news agencies, tv/radio stations, entrepreneurs and developers who need a supported and stable news publishing solution. With the product being downloadable software, there is no inventory to manage and can be operated from any location. The owner spends about 30 hours per week handling business development, company direction and strategy. There are 4 full-time employees and 1 contractor handling the day to day business operations. With the SEO work done to date, the website boasts Page 1 ranking on Google for its top industry keyword terms. As such, it has generated traffic of over 700,000 unique visitors in the trailing 12 months! This is an excellent opportunity for a buyer to acquire an established, high quality, content management system ecommerce website business with continued growth potential!
Financial Overview
| Gross Revenue | $239,933 |
|---|---|
| Cash Flow | $115,383 |
| Archive Date | 03-14-2011 |
| Status | Archived |
| Year Established | 2006 |
| Employees | 4 FT |
| Inventory | 1 |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Publishing |
| Location | USA, Washington (Thurston) |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Access to Site/Memberships |
Growth
Building upon its foundation of being well established in the industry, excellent reputation, great keyword ranking and huge traffic, this online business can be taken into the next level of growth by increased marketing efforts. By establishing offices in the U.S, a new owner can capture the North American market and increase sales by being able to provide local support that has not been feasible with the current European owner.
Competition
As THE ONLY solution in the $100-$1,000 range specifically targeted towards the news publishing niche, this website holds a competitive edge in this industry.