Flippa
FOR SALE
Business Name

LogoNow

Business Model
e-Commerce
Industry
Design and Style

$35,000

Asking Price
Multiple 0.9x
Semi-Automated Online Graphic Design Business - Highly Profitable! No Design Experience Required
This business owner has manually entered their financials

Facts and Figures

Location
Australia
Date of Founding
2012
Full-Time Staff
1 to 10
Annual Revenue
$53,376
Annual Expenses
$13,496
Annual Net Profit
$39,880
Profit and Loss
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month February 2019 March 2019 April 2019
Revenue $3,047 $4,895 $2,998
Expenses $1,221 $1,094 $1,064
Net Profit $1,826 $3,801 $1,934

Business Description

Profitable 7-year logo design business providing graphic design and business card design services to startups and local businesses throughout Australia. LogoNow is powered by an automated online ordering process that processes payment, compiles the design questionnaire and connects the client with a designer to complete the desired outcome. Our team of dedicated designers do all the work and communicate directly with the client through our online system.

How does your business make money?

Cost to aquire new customers is $0. With a strong Search Engine Optimisation (SEO) presence, repeat customers and ongoing referrals.

New customers provide their design requirements online and pay for their designs in advance. They can select from 3 packages. All transactions are in AUD and processed through Stripe.

Packages:

Basic Package USD$116.21 (AUD$165) includes 1 logo concept and limited revisions

Unlimited Logo Design Package USD$232.41 (AUD$330) Unlimited design concepts and revisions

Logos & Cards USD$387.35 (AUD$550) Unlimited design concepts and revisions, business cards designed, printed and delivered. Cards are printed through Vistaprint and are sent directly to the client.

Why should someone buy this business?

LogoNow is a well-known and highly regarded business that’s profitable with highly desirable customer satisfaction, referrals and search engine positioning.

We have developed a semi-automated workflow system that ensures the business runs in auto-pilot mode most of the time. The business requires minimal day-to-day operation. This includes replying to enquiries and providing customer service (over email and the online system) approximately 4 hours a week.

How can the future owner improve this business?

With a strong online presence there has been no need for additional marketing to sustain a strong level of new customers. However the new owner has a huge potential for further growth through PPC or social media marketing.

Why are you selling this business?

I own multiple online businesses due to which I am not able to take good care of this business to it's full potential. My core business is moving towards providing web and app development services and will be moving away from the creative fields.

Business Strengths

  • High levels of Automation
  • High Profit Margins
  • Positive Customer Reviews
  • Well Established and Unique Brand
  • Low Acquisition Cost for New Customers

Opportunities for a new owner

  • Launch New Products
  • Start Selling into New Markets
  • Improve Current Marketing Efforts

Key day-to-day operations

  • Managing Staff
  • Customer Support / Service
  • Design & Production

Marketing

  • Customer Referral Program
  • SEO

Assets

  • Brand assets
  • Customer databases
  • Domains
  • Policy and Process documents
  • Website files, source code and content

Social Media

Facebook
650 followers

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

About the Seller

Adam Lyttle

Australia

Hi! I'm Adam Lyttle, I run a web design and development firm in Melbourne Australia. We work extensively with Australian based businesses to build, grow and develop their online brand.

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