Key Highlights
$931,120
Asking Price:
$1,400,000
Revenue:
$372,448
Adjusted EBITDA:
2014
Year Established:
United States
Service Area:
NYC
Location:
Key Highlights:
- Year Established – 2014
- Location – NYC
- Service Area – United States
- Services – Front-end and back-end e-commerce website development, website optimization & insights, branding & identity
- Clients – Givenchy Beauty, ED by Ellen Degeneres, Harry Winston, Solid & Striped, Salvatore Ferragamo, Lincoln Center
- Reason For Selling – New opportunities
- Seller Training Period – Yes
- Seller Willing To Stay On Board – Yes
Gross Sales:
2018: $796,680
2019: $979,405
2020: $1,400,000
Other Details:
-The agency has been a certified Shopify Plus partner since 2018. In addition, they have certifications with all major e-commerce technologies, including BigCommerce, Klaviyo, Full Story, Google Optimize, Optimizely, Mailchimp & Yotpo
-The team consists of 5 full-time senior employees + 3 full-time contract employees
-The current project scope runs from $60,000-80,000
-Stellar portfolio with notable clients and referral based new client development allows for amazing margins, clients that stick around year after year.
-Current owner works in the business and is open to staying on board post-transaction for a longer period of time with the right strategic buyer.
-With a stellar portfolio, $34,000 in recurring revenue each month, and a team with strong financial wherewithal, this company is prime for purchase for anyone who wants to get involved in something proven and profitable.
-100% of new business is a result of referrals from happy clients – no outbound sales efforts or marketing takes place.
-The agency implemented a successful work-from-home strategy in early March to improve work/life balance among the team. The timeliness of this implementation allowed them to transition nearly seamlessly through the difficulties of the pandemic. The company is still being run 100% remotely and is going stronger than ever.