Agency United Kingdom verified NEW

Digital agency that collaborates with SMEs to offer services that fuel their business growth

Asking price
$1.8M
Profit multiple
4.1×
Revenue
$1,052,158
Profit
$444,000
Growth
10-20%
Customers
101-250

Description

A profitable, established digital agency with a specialism in technical consultancy and web development, in business since 2013, with an excellent reputation, located in a dedicated office studio in the UK. We operate as a trusted advisor for our clients, designing, building, supporting and optimising websites and back-office business systems. In addition to this core specialism, we offer performance marketing as a complimentary service. The majority of clients engage in all services (design, build, support, optimisation and performance marketing) with the average client tenure being an impressive +7 years over the past decade, with an excellent split of retained (~45%) and project revenue (~55%). The agency business model, featuring multiple revenue streams across both design & build work, retained support, maintenance and optimisation and also hosting. Key facts: ✅ $1,052,158 in TTM revenue ✅ $444,000 in TTM profit ✅ $112,162 in revenue last month ✅ $60,423 in profit last month ✅ Competitors: Evoluted.net

Price history

  1. $2.3M
  2. $2.5M
  3. ↓ $2M
  4. $2.3M
  5. ↓ $2M
  6. ↓ $1.8M

Tech stack

We offer a robust range of tailored digital solutions focussed on outcomes that enhance operational efficiency and drive profitability, helping partners achieve long-term digital success.

Business model

Per project fees ranging from £5k to £50k moving into a retained support model ranging from £1k to £5k per month.

Growth opportunity

Continue to scale the current existing model by recruiting a larger team.

Competitors

https://www.evoluted.net/

Highlights

Website Brand Customers Marketing materials Intellectual property Codebase and IP

Reason for sale

Looking for a majority (90%) exit to allow the business to scale to the next level. I believe we have maximised our margins with the current team size and the next step is to scale up the operation with a larger team. I would like to remain involved in the business in a non-operational capacity, hence the majority rather than full exit proposition.