Web Hosting Talk







View Full Version : Web Hosting Company For Sell ~250+ Clients


blcorrell
02-28-2001, 12:24 AM
http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=565176693

blcorrell
02-28-2001, 12:57 AM
What do you think????

dektong
02-28-2001, 01:42 AM
Wow... no reserve price! I definitely want to see!

cheers,
:beer:

Mafukie
02-28-2001, 01:57 AM
heh I bid on it :)

Martie
02-28-2001, 02:28 AM
Im suprised..its urgenthost.com
I thought they used to frequent this board, not positive though. Had no idea they were going out of biz.

Boksoft
02-28-2001, 10:12 AM
Has anyone looked at their site urgenthost.com? Take a look at their prices for their packages....$5.95 per month for 5GB of monthly data transfer....Or $13.95 for 15GB of data transfer. Oh, and no setup fees. And they also accept adult sites...

Not sure how they can make a profit actually, but think twice before you place a bid.

Anyway, that's just my personal 2 cents.

Martie
02-28-2001, 12:46 PM
I have to "wonder" why the owner didnt post here or something? Also if you read what you get...for example it says the servers=$249 a month....that is probably for EACH server. I just would hate to think of auctioning off your clients! I wonder if they even know.

Jason Ellis
02-28-2001, 02:37 PM
You will get our 250+ clients, and 50+ resellers.

UrgentHost.com is making over $1250 a month from web hosting. UrgentHost.com is set to make over $25,000 within the next year.

Does anyone else see a significant problem with these numbers??? If they are only making $1250 a month on 300-ish clients (including resellers), that's only $4.17 per client!

And then they say:

UrgentHost.com uses the Plesk control Panel.

I could be wrong with the numbers, but doesn't Plesk cost something like $1 or $2 per month per subscriber? That brings down the revenu from $4.17 to $3.17 or even $2.17 per month per subscriber.

No wonder they're selling their company - they probably can't afford to put food on the table!

I wouldn't bid on this, frankly, and I think it's already over-priced at $1025 that is the current bid.

Jason

MSW
02-28-2001, 02:46 PM
I don't think Plesk charges per subscriber.
They charge (list price) $599 for unlimited domains/server. That is a one time charge.

MSW
02-28-2001, 02:48 PM
Heh, another thing I noticed.

Go to their site and signup for a web package. They issued their own certificate!

DHWWnet
02-28-2001, 03:18 PM
Hi ppl,

As far as i know, they have good/low prices with lots of options.

the thing tho is they were down for 52+ hours last week, about 2 days straight and a week before that 24 hours. and after they went backup ,on saturday feb24th, around 11am Catalog's network was again dDos attacked and they said it was coming from one of the network servers and they said, "we have taken the server involved in the attack offline". with that being said, i scanned the entire ip range of catalog and guess what the only server that was down after the incident was 209.217.51.252.

Now, to all the sysadmins in general, if we could only be more security conscious individuals meaning keep your servers up to date with the current security fixes/patches, if you are offerinn telnet access be sure to ask for an ID and verify, overall keep your box locked up.

*i could be wrong* maybe, the guys at urgenthost can explain there side of the story.

elijaH :)

blcorrell
02-28-2001, 04:31 PM
It looks like to me that you other hosting companies, are trying to put our company down, and make people not bid, and as I look I can see that most of you know nothing about that which you are talking.

Boksoft
02-28-2001, 04:35 PM
Perhaps if you would supply us with some more technical data, such as data transfer usage, server load etc.

And billing issues, eg valid credit cards for all users. Do they pay monthly, quarterly, annually.

There are several other things you can come up with. Just provide us with this info and you will probably get more bids/positive reactions.

Jason_Berresford
02-28-2001, 04:41 PM
blcorrel,

Please feel free to set us straight, I'm sure the people here are just posting on what they see. You didn't exactly post any information on the company. If you didn't want us to look at what you offer and let our minds run wild. You should have posted a bit more then just a link.

blcorrell
02-28-2001, 04:43 PM
We will provide you with what ever information you need to know!


I will post more details in a few minutes!

P.S., I will admit that we have a had a few problems, but over all we have tried to provide a good quality service.

Matrix
02-28-2001, 04:52 PM
I'm curious as to why you would sell this site with no reserve if its making 1250 a month and set to make 25,000 this year.

blcorrell
02-28-2001, 05:03 PM
UrgentHost.com has been online for about 8 months. We have not advertised much at all. We are currently getting about 50-75 new clients a month. We are making $1250+ in revenue a month. This is low considering the number of clients we have, but we are a bargin web hosting company, and our prices are suppose to be low. We spend $249 on the catalog.com server a motnh, and $100 on the server from active web hosting. We make around $850 a month profit.
Please, ask me the questions you have, and will be glad to answer them.

blcorrell
02-28-2001, 05:10 PM
That might be true, or it might not be, but they provide a very good service, and their servers are most likely better than any server you have.(not much pun intended!)

blcorrell
02-28-2001, 05:18 PM
I am sorry, your server does have more power, but I was more less talking about connection speed, and uptime. I am not going to continue to arguing with you. Because, it is very unprofessional, and I think you are only making your self look bad!

Any body agree??

dektong
02-28-2001, 05:18 PM
ho..ho...ho... I like the match ;)

cheers,
:beer:

MSW
02-28-2001, 05:26 PM
Originally posted by blcorrell
I am sorry, your server does have more power, but I was more less talking about connection speed, and uptime. I am not going to continue to arguing with you. Because, it is very unprofessional, and I think you are only making your self look bad!

Any body agree??

Yes, I agree -- that you shouldn't be arguing; however, if anyone looks bad it is you.

This does not make sense. You are getting 50-75 signups/month and only profiting $850.00?? Your servers are already taken care of month 1, so month 2 you should be profiting (low end - 4.00*50=200). By 8th month you should be profiting over $1500.00 and that is VERY conservative. Even if you are a bargain web company, your profits have to be more than $850/month IF you are getting 50-75 per month.

If you are getting that kind of response, then you should be staying in business, not getting out. 50-75 is a very good number of new clients.

I just don't buy it... sorry.

Jason_Berresford
02-28-2001, 05:26 PM
blcorrel,

Just a basic question for you. What type of connection do they have on the server? You say its a better speed, better up time. So whats the speed? Or even whats the backbone of the connection.

Boksoft
02-28-2001, 05:32 PM
Some questions for you:

What is the current monthly data transfer usage?
Average server load?
Which package(s) is most popular?
What percentage of the clients pay monthly, quarterly, yearly?
Do they all have valid credit cards, or do they pay by check?

These are just a few important questions...

Matrix
02-28-2001, 05:38 PM
Again why are you selling the company for no reserve when you are making a profit of 850 a month? That comes out to 10,200 profit in 1 year with no additional sign ups. It just doesnt make any sense to me. Then with you getting 50 to 75 additional sign ups per month you would make more than 10,200 in 1 years time in profits yet your selling with no reserve.

blcorrell
02-28-2001, 05:41 PM
...

[Edited by blcorrell on 02-28-2001 at 04:52 PM]

blcorrell
02-28-2001, 05:42 PM
We just don't have the time to run UrgentHost.com

Jason_Berresford
02-28-2001, 05:43 PM
Your telling me the Max line speed is only a T1??

Or are you just saying that the speed to the server is a t1, and it is capible of more? If so, what is that line speed?

I'm curious :)

MSW
02-28-2001, 05:43 PM
Originally posted by blcorrell
The server is on a T1 line!

And you think that a T1 line has good connection?

<snide remark>
It's a good thinkg you are getting out of the business
</snide remark>

Jason_Berresford
02-28-2001, 06:13 PM
Well if the line speed is a MAX of a T1, no it is not. For example our backbone line is OC24 (1.244 gig/sec) and i'm sure there are many hosts here as well that have much better then that. A max of T1 is not good, means that if you want to put say a dual 1 ghz, with 1 gig of ram on there. You can not pull as much bandwidth with the line as you can with that type of system.

Boksoft
02-28-2001, 06:14 PM
Originally posted by blcorrell
We just don't have the time to run UrgentHost.com

But in your ebay post you say:

**We are starting a company and will be selling the billing scripts with a few changes, we have copyrights to the scripts, and you will not be able to use them in
any way besides billing for UrgentHost.com, unless you have our consent.**

So you do have time to start a new company?


Best thing is to just be honest with us and provide us with as many information as possible. You will receive more bids if you do that.

Mafukie
02-28-2001, 07:06 PM
hehehe
I bid on it, but I would never pay more than 1k for that, I would just buy the clients, but even that wouldn't help since the prices are too low to make a decent profit, and I know raising the price would make everyone leave.

oh well. heh, I'm glad someone outbid me.

IntraHost
02-28-2001, 10:13 PM
I know for a fact that efollet.com's servers are hosted in a little closet in an office in my town. haha.

funny, but hey, it works. They have a bunch of t-1's running in there. :)

blcorrell
02-28-2001, 10:34 PM
We will not have time to run UrgentHost.com, because of our new company.

DanielP
03-01-2001, 05:30 AM
My my all of my posts disappeared as well as my account... Oh dear I wonder if I stepped on any toes? :)
Since this is the last thread I posted in might as well start somewhere.

Matrix
03-01-2001, 09:53 AM
Originally posted by DanielP
My my all of my posts disappeared as well as my account... Oh dear I wonder if I stepped on any toes? :)
Since this is the last thread I posted in might as well start somewhere.


Yeah I noticed that your posts are gone now. Was your account blocked or did you register a new name?

cbaker17
03-01-2001, 10:58 AM
Yea Danialp Im a little disappointed in how some of the mods are handling some situations, what did you say anyways to make them mad..

MattF
03-01-2001, 12:43 PM
DanielP's posts have been restored, 99% or so of them anyway. At approximately 4am this morning the site was hacked, which resulted in the long downtime this morning (approx 4hrs). We do not delete 300+ posts. We have now moved WHT to a new semi-dedicated server and restored the database, we are still at wizardshosting, this server is much more secure and hopefully will appear faster. We will make an annoucement on the situation later.

DanielP
03-01-2001, 01:02 PM
Heh more or less my acct + all posts went *poof* I doubt it was the admins...... :)

I'll leave you to guess my short list of suspects :)

DHWWnet
03-01-2001, 02:24 PM
WTF...*I* knew it :P....i got home about 1am pst(4am est) from a friends house and thought that it was prolly just me being wasted and all...

:( elijaH

tymonhall
03-01-2001, 04:06 PM
Originally posted by elijah
Hi ppl,

As far as i know, they have good/low prices with lots of options.

the thing tho is they were down for 52+ hours last week, about 2 days straight and a week before that 24 hours. and after they went backup ,on saturday feb24th, around 11am Catalog's network was again dDos attacked and they said it was coming from one of the network servers and they said, "we have taken the server involved in the attack offline". with that being said, i scanned the entire ip range of catalog and guess what the only server that was down after the incident was 209.217.51.252.


*i could be wrong* maybe, the guys at urgenthost can explain there side of the story.

elijaH :)



Their down now

AlaskanWolf
03-02-2001, 07:08 AM
humm, bids up to $5k now

AlaskanWolf
03-03-2001, 06:20 PM
Whos jkehe anyway? bids up to $8600 (mostly on my part)

Boksoft
03-03-2001, 06:33 PM
I believe he's from serverhost.com/plusweb, he visits this board frequently too.

misangela
03-04-2001, 03:00 AM
UrgentHost is not wortb anything now that they've posted themselves "for sell" at eBay. I was one of the unfortunate clients who got screwed by them and I bailed.

I know everyone else will, too.

I'm now making sure that everyone knows what a bunch of losers they are!

Go to Cendant.com. Those people are very impressive, indeed! I got a personal answer from them in 15 minutes and my site was set up in an hour. Now we're just waiting for the internic to change the host.

UrgentHost is DEAD. Good riddance.

Angela

Paul L.
03-04-2001, 03:19 AM
wow $10,100.67 for 2 leased servers and 250 customers that may or may not stay.. hummm I call that crazy.

vizi
03-04-2001, 04:56 PM
Its at 8600 now. I don't understand how bids can go down. Still, buying these clients and these 2 servers is bad news. No respectable company will auction themselves on Ebay.

Boksoft
03-04-2001, 05:25 PM
Bids down to $1125

MSW
03-04-2001, 05:27 PM
Uh, the price has gone down to $1,125.00 now. That was quite a jump from 10K down to 1K.

Oh well, just goes to show how not to sell a business.

If you intend to sell it, do not advertise it on eBay.

1. Your customers won't appreciate it
2. You are airing your dirty laundry
3. If you are going to buy a business, I think you would want to see some audited financials, etc. and not take the word of the owner from some auction site.

cbaker17
03-04-2001, 05:34 PM
My guess is they hyped their price up with fake ebay accounts, but I could be wrong and usually am :)

urgentwhat
03-05-2001, 02:27 PM
As an UrgentHost user, I thought I would put in my two cents. Last month, UrgentHost.Com was down quite a bit. As a matter of fact, the site that I have hosted with you was also down. On eleven separate days my site was down, and on two of those days it was down ALL day.

Of course, I immediately contacted your support department. At least, I tried to. Your web site assured me of a prompt response to my e-mail, and yet I am still waiting for a response from you. This is not considered prompt where I am from.

Oh, yeah. Where ARE you from? Your street address in your DNS records indicates you are located in Waycross, GA. Your telephone number, however, is in Illinois. When I attempted to contact you at this number regarding my site, it turned out to be a fax.

It doesn't add up. To date, the only thing you have done in an "urgent" manner is bill me.

So. I applaud you on your site design skills. Bravo. Well done. It is a shame that it's just a lot of smoke. The service behind the pretty pages leaves much to be desired.

MSW
03-05-2001, 02:53 PM
Please do not cross post. Read the forum rules.

akashik
03-05-2001, 04:08 PM
Weinbar,

Thanks I was just about to say the same thing. I must be tired as it's taken seeing that post 4-5 times before it got on my stick.

urgentwhat?

I'm sure you're upset about these clowns, and I agree you have every right to pull them down and cut their throats, but for the sake of my early pre-dawn sanity, just post that once - or at least post something different.

Thanks for your time. :)

Greg Moore

Dylan
03-05-2001, 09:39 PM
Oh fudge!

I replied to urgentwhat in several posts and also got tired.

Then I came to advertising, aah! $2.95, bloody hell!

And now here... hang on a second... just pulling my hair out!

With regards to eBay, most probably someone goofing around not knowing what they actually doing.

Dylan
03-05-2001, 10:22 PM
UrgentHOST, let me get this straight.

You want to sell without any interuption to service for the benefit of your clients.

Most of your clients are on the $2.95 package.

With a new host taking over, your clients will most probably be unwilling to pay anything higher.

Current bid works out to $11.40 per client.

The new host is going to have a recurring loss of 400%

If you really took your clients into consideration, you would of taken your listing off eBay and sold privately like a few other hosts have done over the past couple of days.

AlaskanWolf
03-05-2001, 10:37 PM
Little Ironic that JKHEHE was the highest bidder, then retracts due to false information by the bidder, and now his back on top...humm...makes you wonder

dektong
03-05-2001, 11:08 PM
Originally posted by PepsiCoke
Little Ironic that JKHEHE was the highest bidder, then retracts due to false information by the bidder, and now his back on top...humm...makes you wonder

Well, at this price probably he thinks it still worths the money... Although my experience as an ebay-er, I would not bid until the last one minute. Why whould I want to keep rising the price? :D I always got what I want (100% success rate for the last 15 bids or so) just by bidding in at the last 15 seconds to 1 minute. I never put my bid before that last one minute.... With my cable modem, it usually works out pretty well.

cheers,
:beer:

dektong
03-05-2001, 11:13 PM
Originally posted by Dylan
Most of your clients are on the $2.95 package.

Current bid works out to $11.40 per client.

The new host is going to have a recurring loss of 400%


I don't know much about urgenthost.com but I want to comment your analysis above. You are not bidding this for monthly price, so although the client will cost $11.40 per client initially, the price still can be justified. You do not need any time and money to find that 250 customers and 50 resellers (assuming the numbers are correct) through any sort of advertisement. Beside, you also get the servers, domain, and the merchant accout (don't want to argue how much these are worth) so basically your business is ready to go...

So, your loss can still be justified as an initial investment... It's not like you are losing 400% monthly.

cheers,
:beer:

Dylan
03-05-2001, 11:21 PM
I must be on pips... haahaa

I'm sure the servers are rented... if so, the rent transfer can become quite messy. Doesn't the merchant account also fall within this line?

Let's just say that it will take you about 6 months loss before you make any profit.

Does that seem better? or am I still on pips?

[Edited by Dylan on 03-05-2001 at 10:23 PM]

Dylan
03-06-2001, 07:32 PM
Under 5 hours to go to see who gets the $3000 bid.

OnlinePromoter.com
03-06-2001, 11:22 PM
I've been monitoring the auction and have been tempted to bid up to 4K. You would love to hear your thoughts.
Sean

Dylan
03-07-2001, 12:10 AM
You'll have to bid more!

Martie
03-07-2001, 12:13 AM
Bid is at $4,610.00

Dylan
03-07-2001, 12:15 AM
jallesch got it! $4910

Dylan
03-07-2001, 12:20 AM
Look at the retractions:

business misrepresented
customers leaving

Martie
03-07-2001, 12:21 AM
All I can say is if that goes down and they get 4910.00
for that business then they fared well.

I am sure its all one big mess..and whomever gets it will have expenses for sure..right off the bat!

Dylan
03-07-2001, 12:28 AM
I worked out that it will take 12 to 14 months for the new owner to get only his capital back - no profit what-so-ever!

dektong
03-07-2001, 03:08 AM
Originally posted by Dylan
I worked out that it will take 12 to 14 months for the new owner to get only his capital back - no profit what-so-ever!

How do you calculate this? Would be interested to know.... :)

cheers,
:beer:

Newbie
03-07-2001, 06:36 AM
Is it just me or is the New Urgenthost.com offline already :D

Dylan
03-07-2001, 10:01 AM
For the fun of it, let's see how many people can work out a time frame and then we'll decide who's calculations are more reasonable.

klisis
03-07-2001, 11:47 AM
Do they have to sell at the $4k price?

Boksoft
03-07-2001, 11:52 AM
Dylan,

Most of the time companies wish to quickly expand their customer base, the only way to do this is taking over another company.

Yes, they will need 1-2 years to earn it back, but often they buy these companies in order to sell them later on at a higher price, simply because they have a larger customer base which will catch a higher price.

So let's say they purchase customers for $200 each, they should be able to sell them for $250 each later if their customer base is larger.

And not to forget, market share.

akashik
03-07-2001, 12:12 PM
There's a lot of *ifs* in that though. Sometimes it works out well, if the market is playing friendly. It can put you on some pretty shaky ground though.

A good rule of thumb is never to spend more than you're willing to lose. The day something comes to bite you on the ass is the day you'll be thankful you have a solid business model.

Greg Moore

Synergy
03-08-2001, 12:52 AM
Hey personally I would bid 10,000 on urgenthost only if they had a good background. Well thats another *IF*

AlaskanWolf
03-18-2001, 03:44 AM
Does anyone know if this acually went though and it was successfully bought out?

GreatHosting
03-18-2001, 11:15 AM
The guys selling on eBay got screwed anyway. eBay sucks, they make you pay about 20% of what you make. Personally, I wish eBay would go out of business or be shut down.

Mikie
03-18-2001, 12:40 PM
Mikie doesn't like it :(

DHWWnet
03-24-2001, 03:52 AM
http://209.217.51.252
-------------- cut N paste from the Urgenthost site -------
Dear UrgentHost.com Customers,

Due to financial burdens, we will cease the opearating of UrgentHost.com. Please find another web hosting company. Below is a link to find another company.

Thank you for your business!

http://www.hostsearch.com
-------------- cut N paste from the Urgenthost site -------

http://209.217.51.252









[Edited by elijah on 03-24-2001 at 03:11 AM]

tymonhall
03-24-2001, 04:19 AM
I'm not understanding where can you run into a money problem? If you are paying lets say $200 a month and keep an eye on your bandwidth and lets say make all your customers pay monthly and watch your money You cant go wrong can you?

akashik
03-24-2001, 04:32 AM
I think a lot of it depends on how much you spend, hoping to get something back. If you buy a slew of servers, deep six a ton of money into advertising, and rent out a nice big bit of office space, and suddenly no-one comes knocking you're going to find the net a pretty lonely place, pretty darn fast.

Then again it could be something as simple as a one man operation, who's kid suddenly ends up in hospital without insurance.

Money's the lifeblood of any business. When the bills start to roll in and there's nothing in the kitty things can go pear shaped pretty quick.

Steady Positive Growth should be your mantra :) It's always sad to see a business go to the wall, but it's just one of those facts of life we deal with everyday.

Greg Moore

Peeps
03-24-2001, 12:20 PM
This is more likely to be kids, a la GX Hosting. Whoever it is doesn't seem to be able to handle basic math, like the guy in the other thread who wants five grand for 25 clients. "Short end of the stick" doesn't seem to have crossed their minds.