Web Development Courses and Web Hosting Service
Annual revenues
$1,609,000
Annual profit
$871,000
Multiplier
x 3.01
Asking price
$2,622,000
For sale is a portfolio of digital products in the online courses niche and a web hosting service, the business has generates c.$1.6M in gross revenues over the past year, and has one of the top five most popular courses on Udemy.
Launched in 2008 as a web hosting service initially, the business has pivoted to cover the complete coding education ecosystem including, courses, hosting, certifications and programming exercises, while also building a network of course providers that pay a percentage of their profits to the business. The high quality of content and range of services has helped to attract c.1.8M course students and over 404,000 reviews with an average course rating of c.4.4 stars.
The acquisition presents a great opportunity for a new owner to not only take over a business that covers the entire ecosystem of web development, but also one that has proven resilient in the COVID-19 environment.
Broker
FE International
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