For Sale:
eCommerce Design & Development Agency Specializing in Active Lifestyle Brands
Asking Price: $6,000,000
Description
Business Overview
This company is a web design and development agency heavily versed in e-commerce for the outdoor and active lifestyle industries. The company designs, builds and maintains websites for major outdoor brands. The business generates revenues primarily through billables for time and materials. It also collects retainers for some very active clients, provides monthly analysis agreements with others and receives recurring revenue with clients where the company handles their hosting. The company has a very strong track record in business with steady YoY growth, a very loyal client base and a staff of well tenured employees.
Key Benefits Include
- Steady YoY Growth
- Reputation and client list is very valuable
- Longevity…..the company has been in business for 20 years which is rare in this space
- Incredible team that is very talented and not tremendously expensive
- The company has begun building a very strong remote team which proved they can work beyond the offices and current location
- Recurring Revenue Model - approx. $300k+
- Newly redesigned website launched in Oct 2021
- Proprietary Processes
- Key Industry Awards/Recognitions
This business has been priced commensurate with the caliber of this company. Beyond its existing cash flow are numerous powerful fundamentals including:
- World renown clientele
- Proprietary development process and toolset for developing headless e-commerce sites
- Talented team with a very low turnover rate
- Substantial investment in website redesign completed and launched In October 2021
- Brand new building owned by the current sellers which can be leased to a new owner to continue operations
- Forecasted profits of ~$720k for 2022 based on existing clients, future pipeline and current growth trend without consideration of implementing the opportunities to expand profitability on existing sales or new growth initiatives
Financial Overview
| Gross Revenue | $5,863,692 |
|---|---|
| Cash Flow | $496,420 |
| Archive Date | 06-01-2023 |
| Status | Archived |
| Year Established | 2000 |
| Employees | 39 |
| Inventory | N/A |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Web Design and Development |
| Location | USA, Montana (Select County) |
| Home Based Business | No |
| Seller Finanacing Available | Yes |
| Income Sources | Products/Services |
Growth
There are numerous opportunities to scale this well-established and growing business predominantly by expanding profit strategies for existing sales. The right partner could bring resources compatible with its existing team to increase capacity for handling new client projects and further scale the business. Some strategies to expand profitability include:- Expand the team/increase resources to be able to onboard more client projects
- Increase margins through improved project and client management
- Leverage the existing IP's built into products/SAAS
- Leverage marque of existing clients which cross the interests of many demographics into work for other industries such as fashion, travel, cars, etc.
Competition
Competitive Advantages Include:- Extremely strong client list for its size
- Incredibly capable staff – its culture, work, and client list have allowed it to recruit top talent while other agencies struggle to retain employees
- Strong presence in the active lifestyle/outdoor industry with proven success also in other industries.