Chicago Area Web Development, Web Design & Hosting Firm

Confidential Information Memorandum (CIM) available upon receipt of our short online NDA - visit here: https://pronovapartners.com/engagement/chicago-area-web-development-web-design-and-hosting-firm-for-sale/ High retention rate(s) over the course of the company’s history, the company provides ever-expanding technical expertise to small and medium sized businesses across the country. Projects include ground-up design and construction of websites, including domain name selection / consultation services, hosting, and maintenance on the Company’s private and secure cloud-based server. Most clients are paid up through an annual billing cycle that completes in the first quarter, so the goal is to identify a strong buyer candidate this year, transfer the business through the remainder of 2021 so they can absorb the annual $75,000 recurring revenues and resultant cash flows in early###-###-#### Currently there are over 200 domains on its server that comprises the client base of ~160 customers. Many have been with the business for over a decade. There are no significant client concentration issues at this point, and C19 was not detrimental to the business, it was fairly steady. NDA is required {LINK ABOVE} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: Relocatable nationwide. No lease. Competition: Professional service businesses like these are in a competitive industry but the Seller provides white glove service to every customer which keeps them around. Growth & Expansion: Significant upside exists to go after new clients that could be serviced by the existing team of service providers the Seller utilizes for deliverables, plus cross-selling other services to the existing client base, depending on who the buyer is. Financing: If the price and deal structure is right. Support & Training: To ensure a smooth transition and ongoing success the Seller will assist in a reasonable transition to ensure maximum retention with terms TBA / negotiated. Reason for Selling: Retirement.