This business is comprised of two sites that sell WordPress plugins and themes based on an annual paid subscription and membership model.
There are more than 10,000 paid subscribers and 75% of all revenues are on a recurring basis.
The majority of the business is based on the most popular plugin for its niche in WordPress. The core plugin is freely available from the WordPress.org repository and is active on hundreds of thousands of websites.
Two development innovations launched recently and have introduced a strong SAAS component to the business, and tremendous growth opportunities.
The owner has no in-depth coding skills and feels the new owner could successfully run the business with little to no direct experience due to the strong staff that will transfer with the sale. He is selling simply because he is an entrepreneur and sees that value in an exit after several successful years of operations.
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Like all of our team members, Joe Valley is a serial entrepreneur who has extensive experience in starting up and managing online businesses. Joe was first introduced to Quiet Light Brokerage when we advised him on the sale of an Internet enterprise.
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