About the Business

The business was founded in 2016 and started off providing digital marketing and web design services to businesses in Australia before expanding their offering to overseas clients as well.

Business employs staff / contractors located in India and Philippines which allows them to keep operating costs to a minimum and profit margins high.

The owner has spent the past few years putting proper processes and procedures in place - Whoever buys the business can now effectively run the business under semi management with minimal input from the owner as semi-automation has been achieved.

Because of the ever expanding e-commerce industry, this business has shown rapid growth in recent years to become the go-to agency for achieving 1st page prized place of number #1 on Google via SEO. The agency also offers web design and hosting. There is massive potential to also offer adwords and social media marketing to increase revenue.

The company has a well diversified client base which protects the business from any type of unexpected downturn related to any specific industry. It's customers include tradesman businesses, health sector, finance / accounting, e-commerce, retail and more.

Business revenue during the peak of Covid-19 was effected (industry wide) - the business has since recovered the lost monthly revenue through the acquisition of new customers and has a strong pipeline going into the next financial year.

Financials

Profitable business which has demonstrated resilience even through Covid-19.

Revenue for 2020 financial year was $381,500 and SDE (seller discretionary earnings) was $208,000

Revenue for 2021 is trending towards $380,000 ($300,000 if you remove ATO subsidies). SDE for the year is trending to towards $137,000 - which is impressive, considering Covid-19.

Key Features of the Business

• Strong client base with recurring revenue of approximately 18k per mth
• Good customer retention rate and lifetime value
• Can be run from home or small office
• All processes and systems in place
• Massive potential for growth by adding auxillary services such as social media advertising, adwords etc
• Excellent reputation with great reviews online

CALL STEVEN UNG FOR MORE INFORMATION

0427 978 477

Business Brokers Sydney

10 Carrington Rd, Marrickville NSW 2204

02 8776 3654