Web Hosting Company For Sale

UPDATE: The seller updated the business' yearly income. The revenues in 2012 were 8 million Baht and profits (before shareholders/owner expenses) about 4.4 million Baht.

Additional info:

Revenue by category:

- Web Hosting: 40% (renew yearly)

- Software Development: 40%

- Email Service: 20% (renew yearly)

Our business is like a cash cow business, as most customers renew yearly.

This web hosting, software design and web application business is located in Bangkok as are its servers, which are included in the sale. The business provides software customization services for customer's in-house software in addition to web design, training, web marketing, IT consulting, web hosting and web application design. The company has tapped into the local market's need for customized software and develops web based application tailored for the customer's needs.

The business has 3 full time and 1 part time employees on a monthly total payroll of 90,000 Baht. The company has annual receipts of 6.5 million baht which earns 3.5 million baht in profit. Equipement valued at over 5 million Baht is included in the sale price.

The owner wishes to sell as they wish to pursue personal interests outside the business and won't have time to manage the business as well and so seek a motivated buyer looking for a growing business.

ASKING PRICE: 12 million Baht

(BKK14430)