Web Hosting Talk







View Full Version : 400+ Customers For Sale


B-Broker
04-26-2001, 10:21 PM
The following is for immediate sale:

-435 web hosting customers
The customers consist of virtual hosting and reseller hosting customers paying betwen $4/month and $100/month+

-Several domain names (provided upon request)

-80% of the customers pay by credit card

-Very low fraud and chargeback rate

-Available for immediate sale

Asking price: Available to interested parties.

Please go to http://www.bizbuysell.com/cgi-bin/mydetail?s=VA&k=&i=AM&p=2&q=27527&f=0&n=r&g=&w=q if interested and contact the seller via the online form.

A 5 page Microsoft Word report will be furnished to interested parties once contacting the seller's agent by the online form above.

vibesolutions
04-26-2001, 10:55 PM
how come on the web site it says 3,500 customers?

jayglate
04-26-2001, 11:05 PM
It says on the link 3500 customers not 435 which is it?

HostScripts
04-27-2001, 07:27 AM
I recieved an email from them. There are 435 clients,
and they want twice the amount that you would make in a year.

Walter
04-27-2001, 07:31 AM
A question (I am just curious):
435 customers, 9 servers, 7 employees.
Are these numbers and relations typical?????

allan
04-27-2001, 08:12 AM
Originally posted by Walter
A question (I am just curious):
435 customers, 9 servers, 7 employees.
Are these numbers and relations typical?????

Without dedicated servers I would say generally, no. However I have seen some higher-end shared hosting companies that limit the number of customers per server to 10.

7 employees, is something I have trouble believing.

alchiba
04-27-2001, 08:23 AM
Originally posted by uuallan

7 employees, is something I have trouble believing.
Unless they do more than hosting. It could be that only the hosting arm of the business is for sale. "Employees" is a term loosely applied these days, anyhow. This could even mean remote admins used on a casual basis.

B-Broker
04-27-2001, 05:26 PM
The customers that are included in the sale have a high referral rate. The asking price is nearly double the average yearly revenues to cover other direct and indirect expenses in the sale, including but not limited to attorney's fees, escrow fees, and accounting fees.

Again, the customers represent a very broad market and are located throughout the world. There is a high concentration of European customers in the batch, for example. We would classify the typical profile of each customer as the following:

Age: 25-45
Household Income: $75,000+
Internet Knowledge: Intermediate to Advanced

An estimated 2 out of every 5 customers are referred by other customers and through word-of-mouth. Also included in the sale is a pool of domain names that can be redirected to the buyer's own web site. Certain restrictions may apply to this due to possible trademark and patent law regulations.

The company selling the customer base looks to close the sale by May 15 and have a buyer arranged by May 1.

This is an ASSET-ONLY sale. Profit/loss or any other financial statements will not be provided. Audited data will be provided by the selling party to the final buyer.

If interested, please go to: http://www.bizbuysell.com/cgi-bin/mydetail?s=VA&k=&i=AM&p=2&q=27527&f=0&n=r&g=&w=q

Boksoft
04-27-2001, 06:07 PM
Lots of Europeans, with an average income of $75,000?

We Europeans don't make that much money. On average more like $20,000. For a good IT person around $40,000.
Oh, well, they probably got all the rich people.

mkaufman
04-27-2001, 08:00 PM
Yes, I doubt that they make an average of $75,000 a year..especially in Europe.

CRego3D
04-27-2001, 08:27 PM
EXCUSE ME !!!

Are you guys insane ?, there is allot of money to be made in Europe, I was Making over 40K by the time I was 19 (In Europe) .. and that was lamost 10 years ago

if you look in the right places .. there is allot of $$$$ to be found over there

DaHost'nMan
04-27-2001, 09:07 PM
I know that I would not want to pay $100,000-$150,000, for a company that only makes $55,000 per year income.

Is it just me, or do yall feel the same way?

*would not

MasterMindz
04-27-2001, 09:37 PM
Why don't you guys lay off these people? I think if they want to sell their company for $100,000 or even $100,000,000, then let them! You don't need to reply and criticize someone because something they said somehow makes you angry.

Am I missing something? Is it a rule or something that you MUST criticize everything and everyone you don't like?

Here's what I suggest for you guys: Go to a corner of the room you are in and :bawling:

Next time, just pass the post on instead of replying!

B-Broker
04-27-2001, 09:38 PM
Originally posted by DaHost'nMan
I know that I would not want to pay $100,000-$150,000, for a company that only makes $55,000 per year income.

Is it just me, or do yall feel the same way?

*would not

DaHost'nMan: Usually when valuing a company for sale (or purchase), you pay for the future prospects of the company. This case is a little bit different, however.

(1) A company is not for sale; this is an asset sale.

(2) The customers utilize a strong viral and word-of-mouth marketing method.

(3) The customers refer 2 out of every 5 of the new customers to the company.

(4) Several domains are included in this sale that have an added value due to their branding with the customers for sale.

AussieHosts
04-27-2001, 10:00 PM
Call me a pessimist if you like, but the same as with buying an ISP...the existing client base is largely irrelevant. Always go for worst case scenario, and that is that 90% of them could very well up and leave the day after purchase.

Gary

Boksoft
04-28-2001, 04:58 AM
Carlos,

The UK doesn't fall under Europe....

Go check all available records on average salaries and you will see that 40k is a salary that only highly educated or highly experienced people will earn.

If I would have to pay my people 75K, I would be long broke :)

DaHost'nMan
04-28-2001, 09:44 AM
I didn't mean to make anyone upset. I am sorry...

B-Broker
04-28-2001, 02:43 PM
The seller has lowered the reserve/minimum bid price by 25%. Please go to http://www.bizbuysell.com/cgi-bin/mydetail?s=VA&k=&i=AM&p=2&q=27527&f=0&n=r&g=&w=q and contact the agent for the sale to receive complete details as to what's for sale as well as the new reserve price.

The seller will accept any bid within 10-20% of the reserve price and looks to accept a final buyer no later than May 1.

MattF
04-28-2001, 03:16 PM
The UK doesn't fall under Europe....

On My God!!! :D

I couldn't stop laughing when I heard that, you obviously aced your geography classes.

Boksoft
04-28-2001, 03:43 PM
LOL. That was meant sarcastic!

There is no country that has the wages Carlos thinks, so he must have meant the UK. Or perhaps people thought he was going to be the second Bill Gates :)

Boksoft
04-28-2001, 03:46 PM
Originally posted by MattF


On My God!!! :D

I couldn't stop laughing when I heard that, you obviously aced your geography classes.

I can't stop laughing either at the moment, after reading it a few times :D


Perhaps I had to put this smilie behind that statement: :idea: or :homer: