I would like to preface this by saying that I'm not necessarily going to sell the business. It's an option that I wish to explore and get a feeler as to how much the business may be worth. I will not entertain any offers below $100,000USD.
The business started out of my own personal need for a VPN service; so I could watch hulu and netflix from outside the USA. Within a month it was generating $6000USD Annually. Within a year it was generating over $40,000USD Annually. The service has several features that others do not.
#1) A Wide variety of VPN types all included in the service fee (PPTP, L2TP, OpenVPN and HTTP Proxy)
#2) No costs or fees to switch between servers on the network.
#3) Reporting of server bandwidth usage so users can see total activity on a specific location
#4) Detailed setup instructions including flash video instructions
As a result we've built up a rather loyal following of users. There are numerous clients with 2-3 years of service time.
One person can run and maintain this business as long as that person has necessary skills (server administration, support, management, seo, etc). Currently requires about 10 hours a week of work to keep it running and customers happy. An existing VPN service could use our platform to allow their clients seamless access to their whole network with a wide variety of vpn types and features.
(graphics, design, domain, custom coding)
WHMCS License (Owned)
Last year's net income was: $132,258USD
Estimated net income for this year: $133,841USD (Growth drop due to Google's last couple SERP updates. They killed the SERP rankings but still receive a steady supply of new orders every month through word of mouth.)
Registered Clients: 8926
Active Services: 2147
Monthly: $2877.91 USD (441)
Quarterly: $13263.94 USD (842)
Semi-Annually: $3725.41 USD (125)
Annually: $38705.00 USD (783)
Biennially: $190.00 USD (2)
Triennially: $0.00 USD (0)
Est. Annual: $133841.50 USD
Domain Registered in 2009 (Page Rank 4)
Google Checkout Rating: 4.5 of 5 w/ 171 Reviews
There are no employees or physical locations. Roughly 2800$/mo in dedicated server and hosting expenses. This includes 99$/mo for CDN, 300$/mo Primary Webserver and 13 VPN Server endpoint locations.
There are currently a handful of specially selected individuals with affiliate status. The payouts are negligible when compared to monthly income. There is no expansive reseller/affiliate/white label program that some VPN services have.
Ranges from 1-2 a week to 1-2 a month. Have a pretty strict anti-piracy stance. The majority of customers just want to access content legally (such as netflix, hulu, etc).
Ranges from 0 a day to 10 a day. There can be weeks that go buy with only 1-2 tickets per week.
Reason For Sale:
Personal Reasons, Looking for a lump sum to pay off my home loan and finish a few new projects.
I would be willing to stay on for a few months after the sale for a reasonable fee (to be negotiated later), if necessary, to help with the move.