Client: 44784
Leading Specialist in the development of website and ecommerce solutions
Description
This 15-year-old agency is a leading specialist in the development of website and ecommerce solutions. With deep expertise in Drupal, Shopify and Adobe Commerce (Magento)—this team delivers elegant solutions for high-profile clients across all industries. Revenue sources are spread across a recurring revenue offering, new client projects, and existing-client work.
Business Highlights:
> Multi-year client retention
> Focus on client service drives continual referrals and repeat business
> Strong senior management team handles the operations and day-to-day. The current owner proactively built a solid team that will stay beyond his tenure.
> Detailed processes and established systems are in place—allowing the team to streamline output and growth, while maintaining high-quality work product.
> Remote-first workforce has an organic client concentration on the West Coast.
> Positive company culture focuses on growth, creativity, and keeps turnover low
Financial Highlights:
Steady Cash Flow
Strong YOY Revenue Growth
Above average on peer-industry financial benchmarks
Revenue Split: 40% Retainer contracts, 20% Existing-Client non-retainer, 40% Net New Client projects
Business Overview
| Revenue | $3,970,000 |
|---|---|
| Net Income | $1,140,000 |
| Seller’s Discretionary Earnings | $1,150,000 |
| Adj. EDITDA | $950,000 |
| Number of Employees | 25 |
| Location | Remote-first workforce- U.S.A |
Download NDA
Download, sign, scan and email the below NDA to kara@exitequity.com to learn more about this business. Electronic signatures work best if you have Adobe DC Pro.
DOWNLOAD NDA
