Web Hosting Talk







View Full Version : Time to sell


SteeleyDan
01-18-2002, 12:42 PM
I would like to look at selling my $2m+ hosting business in the mid west. Does anyone have any advice on how to get started?? Are there any companies looking to buy small businesses??

airtime166
01-18-2002, 12:46 PM
? whats 2m and how many clients do you have have this time

SteeleyDan
01-18-2002, 12:50 PM
$2m + annual revenues, 4000+ clients

pcsteve
01-18-2002, 12:53 PM
Is that $2m = 2 million? .....2000?

I think that's what we are all wondering

;)

airtime166
01-18-2002, 12:53 PM
business dont seem too small , 4000 clients are you tired of the business or what

SteeleyDan
01-18-2002, 12:57 PM
Personal reasons

SteeleyDan
01-18-2002, 12:59 PM
$2 million

airtime166
01-18-2002, 01:01 PM
whats the asking price on this biz

what tyoe of server are they hosted on unix/windows

type of client base
dedicated
monthly

yearly clients


you may want to post a offer in the ad forum and see what type of response you get

michaeln
01-18-2002, 01:08 PM
what is the average package price of the packages that you have sold?

Just curious.

Michael

cperciva
01-18-2002, 01:10 PM
Originally posted by michaeln
what is the average package price of the packages that you have sold?

This is just a guess... but if he has $2M in annual revenue, and 4000 clients, that would mean an average of $500/year or $40/month per client. Right?

michaeln
01-18-2002, 01:15 PM
That is about what I figured but it doesn't seem right.

Michael

allan
01-18-2002, 01:22 PM
Originally posted by michaeln
That is about what I figured but it doesn't seem right.


It depends, if he has a lot of dedicated, or even complex hosting customers with customized solutions it could be right.

DomiNET.net
01-18-2002, 01:25 PM
steeleyDan. how to contact you?

mediaman
01-18-2002, 01:34 PM
I'm very interested in speaking with you about your hosting company. How do I contact you.

Thank you.

D-

jic
01-18-2002, 02:00 PM
Dan,

Here are possible ways of selling your company. First of all it is a pretty small company to sell but you may want to approach Verio and other places like that with a proposal. Just remember the formula

1 X Yearly Gross == Selling Price OR
3 X Yearly Net Income == Selling Price

You may want to jupe it up 5% just to let off the offer a bit with them. If you want to get rid of it real quick I would reccomend the Wall St. Journal. They have a section at the end that offers that kind of stuff.

Try those different avenues.

Incognito
01-18-2002, 02:12 PM
Let's see...he wants to sell....but posts no way of contacting him....makes it very difficult.

SteeleyDan
01-18-2002, 04:03 PM
We also do some domain name registration and custom design work, which is included in the total. Hosting rates are at market.

SteeleyDan
01-18-2002, 04:13 PM
Originally posted by uuallan


It depends, if he has a lot of dedicated, or even complex hosting customers with customized solutions it could be right.

We also do domain name registration and some development work for clients. $2M+revenue includes all. Hosting is at market rates, $10 - $20 per month

NicoV
01-18-2002, 04:40 PM
Originally posted by Incognito
Let's see...he wants to sell....but posts no way of contacting him....makes it very difficult.

he didn't want to sell it here, he was asking where and how he could possibly sell it.

And that is pretty obvious, because no-one would sell a US$2million business on a message board...

spade
01-18-2002, 05:06 PM
Originally posted by NicoV


And that is pretty obvious, because no-one would sell a US$2million business on a message board...

NicoV is right. :)

But who knows, maybe someday... Bill Gates comes here and sells Microsoft Corp. on this Mesage Board? LOL

:rolleyes:

AH-Tina
01-18-2002, 05:15 PM
Originally posted by SteeleyDan


We also do domain name registration and some development work for clients. $2M+revenue includes all. Hosting is at market rates, $10 - $20 per month


You can't really include the design work into the price - unless they are on monthly contracts or something. Otherwise, it will just be "projected" income.

Also, is that $2M gross or net? What is the net?

If you are seriously looking to sell and have documentation, etc. in order - feel free to contact me at tina@affordablehost.com
- we have been looking to take over a company aproximately the same size as us (which it sounds like you are) or smaller.

--Tina

311
01-18-2002, 05:49 PM
can we have a look at your site?
maybe?