It is a possibility we may sell our business within a month or so. I am trying to see what you guys think the business is worth, and if I get a nice offer I would probably sell.
Here is a little bit about the business:
- Has a professionally designed custom site ( www.dynamohosting.net )
- Has a dedicated server for $190/month
- Uses modernbill billing system for $24.95/month
- Has a SSL certificate on the domain dynamohosting
- Has a 1 server license for the Elink Blue cpanel skin ( www.dynamohosting.net/cpanel : user - democp , pass - demo )
I think since the site itself is worth a lot and that the customers are settled in on the server, it would be best for a business to take over this in its name, possibly either keeping the server or keeping site and server and changing the name.
- Main hard drive only 18% full!
- Has been secured and tweaked and constantly updated
- AMD 2400+ processor
- 1GB Ram
- dual 80GB hdd's
- 750GB bandwidth
- Remote Reboot Port
- Hosts 208 accounts total
Right now we have 90 active clients. I bill each monthly client on the 1st of every month. Usually the income is about $500-600 per month, but it fluctuates. Since starting in late May of 2003, the total money brought in through hosting services is $6633.37 . I believe you could bring this up to $10,000 a year with just a little bit more work.
Most of our clients are monthly as you can probably tell by the usual $500-600 a month from invoices. Our clients are very happy with our service/support so as long as you provided good service/support they would not leave.
Like I said I am looking for general ideas of what this business is worth including everything (site, clients, services). If you want more details please PM me. If I get a nice offer I am willing to sell.
I am willing to negotiate a price. I am willing to offer up to $5000 to buy and brand it with the LFNS name or $5500 otherwise.
However, I would like to know some basics about the company first.
When was the company founded? When was it officially registered as a business and where? What are you average total expenses per month? What can you tell me about the history of your company? Have you had any major outages in the past? That sort of thing.
Most importantly: Why are you selling?
If you're not comfortable answering in this thread, that is fine. You can contact me at [email protected]
Thank you all for your offers. I will answer liquidfire's questions here:
It was originally founded as dynamodesign.net in Janauary 2003. It was registered in Michigan. That site wasnt for hosting, more of a portfolio for design.
In May of 2003 we decided to start hosting. We registered the domain dynamohosting.net.
The expenses are only 214.95 a month (plus any domains, etc.) . This is a $190 a month fee for the server and a $24.95 fee for our billing system, modernbill.
Basically we started out as just a design related site, and in 2003 moved to hosting. We have had 1 major outage and 1 minor outage. The major one happened when we were with a dedicated server provider decided to move the servers without warning us, causing downtime of about 18 hours while servers were moved. The minor one, with our current provider, lasted 3 hours and was a time while the server was not down, but only got a network speed of about 5KBps.
As far as why I'm selling it - hosting is one of those things that while you are a small host, you need to put a very large time into it. I love working with servers and doing administration. I am hoping that once I sell the hosting business I will be able to go into server administration.