Sold

Profitable IT business with Large Passive Income

SOLD

Established 6 years ago, this web hosting, software development and design business has produced a cash surplus of over $360,000 for the financial year 2012 and is on track to repeat for 2013.

Serving specific industries with well-established customers, this is an ideal add on to an existing website development company. The well serviced and looked after client base is primed and ready for an easy and smooth transition to a new owner as the current Vendor's other business ventures are pressing.

A significant portion of revenue is passive, recurring income that requires little staff input. A fantastic opportunity to add to or expand this successful business model can be yours by negotiation.

The strictest confidentiality applies with this business so please register your details and submit the online confidentiality agreement for this listing, reference #1581. Once Jeff receives your expression of interest he will soon be in touch.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2012.

Details

Region Auckland
Price SOLD
Business ID BBS1581
Category Professional

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Agent Details

What our clients say

"Alan had our best interests at heart at every step of the process" - Alan

"Alan had our best interests at heart at every step...

It is a privilege to write a reference for someone you engage to perform...

"A seamless and professional experience" - Brett T

"A seamless and professional experience" - Brett T

Working with Brett was a seamless and professional experience. His expertise,...

"She managed the entire process seamlessly" - Jayne

"She managed the entire process seamlessly" - Jayn...

I highly recommend Jayne. She was a fantastic and went above and beyond...

"Your attention to detail during that phase was invaluable" - Ronit

"Your attention to detail during that phase was invaluable"...

Hi Ronit, I wanted to take a moment to sincerely thank you for all...

"Greg truly acts for the vendor" - Greg

"Greg truly acts for the vendor" - Greg

We found Greg fantastic to deal with!  Greg truly acts for the vendor...

"Highly Responsive and Open" - Greg

"Highly Responsive and Open" - Greg

I had a very positive experience working with Greg on the sale of my accounting...