07-06-2009, 11:40 AM
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#1 (permalink)
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Registered User
Join Date: Jun 2009
Location: Melbourne
Posts: 90
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60k+ worth of hosting customers
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a business partner and i have been running a hosting business for about 5 years now. we have approx $60k+ of revenue per year and currently pay around $15k in colo fees at primus. So i'd say the profit there is roughly $45-50k a year.
just wondering if we were to sell these customers off, what it would be worth? my business partner doesn't have the time anymore and i am not really in a position to buy him out. |
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07-06-2009, 12:28 PM
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#2 (permalink)
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Registered User
Join Date: Aug 2005
Location: WA
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Re: 60k+ worth of hosting customers
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07-06-2009, 12:57 PM
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#3 (permalink)
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Registered User
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Re: 60k+ worth of hosting customers
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no. linux based. mostly php4 server, some on php5. |
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07-06-2009, 02:26 PM
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#4 (permalink)
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Hosting Evangelist
Join Date: Feb 2003
Location: Brisbane
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Re: 60k+ worth of hosting customers
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I think Vee means what kind of control panel ie cpanel, plesk etc
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07-06-2009, 05:15 PM
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#5 (permalink)
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Registered Provider
Moderator
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Location: Australia
Posts: 6,157
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Re: 60k+ worth of hosting customers
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Quote:
Originally Posted by Albator
I think Vee means what kind of control panel ie cpanel, plesk etc
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I think what napalm is saying is, its a LAMP setup. |
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07-06-2009, 06:52 PM
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#6 (permalink)
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Registered User
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Re: 60k+ worth of hosting customers
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Quote:
Originally Posted by Spirit Connect
I think what napalm is saying is, its a LAMP setup. |
correct. no control panel. |
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07-06-2009, 07:41 PM
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#7 (permalink)
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Registered User
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Location: Melbourne
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Re: 60k+ worth of hosting customers
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are you using a billing system?
That affects the value; obviously if it's something we can import that helps.
Oh, and how many customers? how many sites? Is the LAMP assumption correct? |
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07-06-2009, 08:24 PM
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#8 (permalink)
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Registered User
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Re: 60k+ worth of hosting customers
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our own basic billing system, about 150 customers. so yes im guessing would take some time to import into your own systm. |
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07-06-2009, 10:39 PM
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#9 (permalink)
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Registered Provider
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Re: 60k+ worth of hosting customers
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Hello Napalm,
I'm a bit confused. Are you selling your business or expanding it? Or just downsizing?
Looking for Primus Colo Melbourne
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08-06-2009, 01:34 AM
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#10 (permalink)
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Registered User
Join Date: Jun 2009
Location: Melbourne
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Re: 60k+ worth of hosting customers
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contemplating selling the business i am a partner in. and starting a new one for my own web design, development. |
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09-06-2009, 07:08 PM
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#11 (permalink)
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Server Solution NiNJA
Join Date: Oct 2002
Location: Sydney
Posts: 1,997
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Re: 60k+ worth of hosting customers
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You just shot yourself in the foot there buddy..
What you are telling a potential buyer is buy my business but im opening another one and can more that likely take the clients back.
Nobody will sell the business without a non compete agreement for about 2 years min.
Last edited by Choppy; 11-06-2009 at 09:43 PM..
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09-06-2009, 07:36 PM
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#12 (permalink)
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Registered User
Join Date: Aug 2005
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Re: 60k+ worth of hosting customers
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Quote:
Originally Posted by Choppy
Nobody will sell the business without a new compete agreement for about 2 years min.
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You underestimate the overconfidence and stupidity of people |
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10-06-2009, 09:06 AM
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#13 (permalink)
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Hosting Evangelist
Join Date: Feb 2003
Location: Brisbane
Posts: 1,940
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Re: 60k+ worth of hosting customers
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He has said he is considering selling off the hosting component to concentrate on web design and development so I don't see anything wrong with that in fact it would potentially provide a source of new clients to any purchaser
Cheers
Angus
__________________
Web Hosts Australia rated 4 stars by Netguide Magazine - TWICE !! 2006 & 2008
Linux - CPanel, WHM, Fantastico Deluxe, FREE soholaunch site builder
Windows - PLESK. .NET 2.0, single domain and reseller plans
Hosting Orphans - Transfer to us and get credit for time remaining with your current host
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11-06-2009, 09:46 PM
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#14 (permalink)
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Server Solution NiNJA
Join Date: Oct 2002
Location: Sydney
Posts: 1,997
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Re: 60k+ worth of hosting customers
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Angus the business is still in the same league as what you are selling..
Would it be hard if half his customers for web and dev are also the hosting customers and decides later to suggest his OWN web hosting services again?
Not much.. So the NON COMPETE agreement wont give him the chance.. If he starts working for the company that has bought his partnered company over then different story as everything he creates his their own (Companies) intellectual property. |
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11-06-2009, 10:48 PM
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#15 (permalink)
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Registered User
Join Date: Jun 2005
Location: Brisbane
Posts: 41
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Re: 60k+ worth of hosting customers
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I'm assuming with that amount of a client base having been built, he'd have at least some business savvy about him.
Just sayin', you know, maybe he does have an idea what he's doing. |
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