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Listing Id: 16843 Last Refreshed: 05/08/2020 7089 Views

Profitable Web Development & Digital Marketing Firm With Clients From Public And Private Sector.

Closed
Asking Price <span class='currency'>S$</span>50K - 100K
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Monthly Figures
Revenue
S$22,000
Gross Profit
S$13,000
Net Profit
S$10,000
Monthly Rentalt
S$700

Business Operations & Assets

Staff
2 Employee
Year of Incorporation
2010
Owner Role
Part Time
Premise Status
Rent
Rental Deposit
S$2,000 Price Included

Business Details

Reason For Sale

Owner wants to focus on another business

Description

The company offers services which include webpage design, photography, digital marketing, and systems development.


The company sets itself apart as an IT Solutions company that provides quality services. In Singapore’s rapidly evolving technological environment, the company has carved a niche for itself by offering custom solutions to clients who need website development and social media marketing services. The company is capable of providing tailored solutions to its diverse clients ranging from small start-ups to established businesses.

 

Clients and Portfolio

The company has contracts with a wide range of clients ranging from individuals to government-owned corporations. With a good portfolio and high-profile clients from the private and public sectors, the company is in an excellent position to acquire more high-profile and high-paying clients.

 

Low Overheads

The company’s team of staff is made up of the Director, a virtual team which consists of developers, programmers, designers, and accounts. The virtual team is not on full-time payroll, and they get paid on a per-project basis. The office is rented, and the rental is low at around $700 per month. It can be relocated anytime.

 

Easy Operations

All systems are in place. The company sub-contracts most of its projects to trusted service providers in Singapore and overseas. The local employee (The Director) acts as the project manager. They manage all the projects and have the development capability to support the company’s operations. All the sub-contractors have worked with the company for years and have, therefore, built solid relationships.

 

Bright Future

The company has a good brand image, an intuitive website, an active social media presence, an excellent portfolio, repeat clients, and a high-profit margin. It has good potential to acquire more high paying clients and grow further.

 

Reason for Selling & Ensure Smooth Takeover

The current owner wants to spend more time on another business that she is more passionate about. She has brought this company this far and hopes to find a buyer who can lead and bring it to the next stage.

                                                                                 

The owner will ensure a smooth takeover and is willing to stay for 1-2 months during the transition period. The owner will remain contactable for six months by phone after the transition period to ensure the new owners cope with the day to day operations.



Get More Information:

Call & Text: 9753 4609

Email: info@hnsbusiness.com

Brought to you by H&S Business Broker


Buyer Support & Terms

Support and Training

Yes. 1-2 Months

Seller Financing

Yes, seller financing is available.
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