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Jun 16, 2020 — Software development and web hosting business. About 1/3 of their money comes from recurring/subscription revenue and about 2/3 of their revenue comes software development and projects. They have also recently added premium Word Press Hosting that costs them about $6 a month and they are able to charge the customers about $100 a month. This is higher margins than their other products and should add a lot of recurring revenue
This is a great business that is growing year over year and that has recurring/subscription revenue. The new owner could grow the business by focusing more on sales especially sales to IT firms where one sale can equate to hundreds of new sites to be hosted. Office ID: ABB20019
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