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Top Web Developer W/ 5-Star Rating For Sale

Arlington County, Virginia, US
Asking Price:
$1,200,000
Sales Revenue:
$1,075,319
Cash Flow:
$361,775

SBA Pre-Approved
This offering has been pre-qualified for SBA financing.

Business Overview
This opportunity is a US-based, 5-star rated, full-service website and database development company (including its proprietary systems) that is dedicated to helping clients with the planning, design and development of custom website and product development projects. The company boasts strong and stable cash flow, consistently achieving more than $1M+ in annual revenue with approximately 35% profit margins. They have been voted “Top Web Developer” 5 years running by Clutch.com. Their innovative digital solutions built primarily in .NET and MS SQL Server are tailored to the unique needs of each client. Whether it's building responsive websites with advanced business logic, developing e-commerce platforms, building online systems to streamline workflows, creating web-based systems to track and report over relational database information, or implementing content management systems, this business prides itself on its ability to transform ideas into impactful online realities.
Its customer base encompasses both non-profit and association clients and for-profit private companies. One very notable, high-profile client has used the website and back-end tools developed for them since 2006, with improvements and new features added every year!
The business is successfully run by three owners with two additional full-time employees and multiple part-time contractors. Operational tasks include account/project management, strategy, programming and database development, QA testing, and application support. The business has developed long-term relationships with all its contractors who are utilized depending upon the needs of projects at any time.
The business has been able to grow and maintain with virtually no marketing, winning projects through repeat work, referrals and requests submitted through the website, providing a huge opportunity for a new owner to scale the business with paid advertising strategies. Building on its proven success and well-established foundation, this business is perfectly poised for future growth.

Key Benefits
● Profitable and Debt-Free Since Inception
● Strong, Consistent Cash Flow with 35% Profit Margins
● Loyal Client Base
● Capable, Veteran Team that has Good Working Rapport
● Proprietary Content Management Software Developed In-House
● Company Expects Demand from their Existing Clients to Remain Strong
● Untapped Potential in Marketing
● Company has Always Valued the Work/Life Balance, -Maintaining Profitability While Working 40 Hours or Less Per Week

Business Operation

Expansion Potential:

As previously noted, the business has expended very little time or money towards sales and marketing. As such, they feel the company should be able to grow and thrive with minimal efforts. Sales opportunities would include the following areas:
● Position the company as product development specialists
● Explore white label relationships with branding and marketing firms
● Resell the proprietary CMS and admin tools
● Upsell existing clients

Competition / Market:

This business’s competitive edge in the industry includes:
● They are the go-to company if a client wants more than the basic off-the-shelf solution
● They have baseline codebase that can be used to jumpstart projects
● Senior-level staff and contractors are in place and well established
● Customer service is superb, leading to long-term relationships, referrals and impeccable reputation
● Projects are delivered on time and on budget while still taking the time to understand clients’ real needs and provide creative solutions

Reasons for selling:

Having built the business to its current success, the owners would like to take a step back and alleviate some of the pressures of ownership.

Employees:
2 FT
Years established:
2001

Other Information

Support & training:

Yes

Financing available:

Yes

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.