| Internet Business Guide Review |
I rarely review software Internet Business Opportunitylistings on this site. There are not too many buyers, and there is lots of market competition due diligence.However, the listing below caught my attention. It serves as a media file conversion online destination.
For the last few years you may have been hearing more about Web 2.0. Web 2.0 simply states that websites must migrate from just text and images/graphics to text, images, voice, and video to remain competitive. This Internet Business For Sale below is for the website owner as much as for the website users.
One less obvious challenge of software is the continuous requirement to upgrade with new features and enhancements to remain competitive. However, with the advent of thousands of easy to reach offshore software developers the former costs associated with software upgrades has been cut by 60% to 80%.
To find a development group you use sites such as Freelance and GetACoder, post your RFP (request for proposal), and have you updates in a matter of a couple of weeks.
Above I mentioned the “due diligence” requirement to research the market category of this online business software. Even more important is to research if the software site you are intending to buy has “original” programming and not used any snippets of other licensed software. Another requirement is to confirm that the code has been “commented”. Meaning you won’t need to “reverse engineer” the software to understand how it operates; and to be able to make upgrades more easily with a new team of developers.
One more note. The age of this Internet Business Opportunity does not bother me. It actually is encouraging as the market is unlikely saturated; and offers the opportunity for further rapid growth. |
|
| Overview |
Internet Business Opportunity – Video Conversion Software Online
Internet Business Guide Listing #8032 |
| Status: |
Available |
| Internet Business Type: |
NAICS 541511 |
| Internet Business Category: |
Publisher |
| Internet Business Name: |
NDA |
| Internet Business Web Site: |
NDA |
| Asking Price: |
$2,499,000 |
| Down Payment: |
$ Negotiable |
| Gross Sales: |
$2,661,000 |
| Cash Flow (or SDE): |
$799,000 |
| Asking Price As Multiple of Cash Flow |
3.1 |
| Year Established: |
2009 |
| FF&E: |
$ N/A |
| Inventory: |
$ N/A |
| Employees: |
3 |
| Absentee Owner: |
No |
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| Have you identified the category of Internet Business acquisition that you desire, yet have not located it? Are you uncertain of the Internet Business that is your ideal acquisition candidate? Then you should consider an Acquisition Search! |
| Business Summary |
An Internet Business Opportunity with a popular media file conversion UGC (user generated content) site. Software is online and users do not need to download the application.Meaning the software can not be pirated! This Internet Business Opportunity provides media conversion technology to an estimated 30 million visitors a month and delivers revenue via an advertising model expected to exceed $2.0 million over the next 12 months.
In addition, nearly 1500 fans a day join its Facebook page which currently has grown from 104,000 to 125,000 fans in the past 7 days for this Internet Business Opportunity. |
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Facilities: Internet Home Business Opportunity
Financing: Negotiable for Qualified Buyer.
Training: Transitional support will be provided.
Reason Selling: Other interests.
Listed By: iMerge Advisors
Before you invest your savings to buy an Internet business shouldn’t you first learn how to buy the right one?
Need more? Then the Buyer Advantage Service from Internet Business Guide is for you!
A recent client said, 12 months ago I was sitting exactly where you are now so I know how that feels! Today I am sitting very happily with my internet business which delivering my material needs and the ultimate in freedom to match. Don’s assistance was a big factor in getting me to this place.
Another recent client said, By the way Buckley says hi and that the 2 businesses he purchased thru you are doing just what you said and the 2 he bought on his own are not. Nice complement from Buckley. I think he is very astute and a very bright guy. |
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