Photo 1
Technology & WebsiteFor Sale

Established Rhode Island Web Development & Digital Solutions Agency - $4.5M Revenue

Clinton, Rhode Island

About This Business

This thriving technology and web development firm has built a sterling reputation throughout Rhode Island and the Northeast since 2009. Specializing in custom website design, digital marketing solutions, and enterprise-level web applications, the company generates $4.46M in annual revenue with a healthy $287K+ cash flow. The business boasts a lean, highly skilled team of 4 professionals who manage long-term client contracts and recurring revenue streams. With a diverse portfolio spanning e-commerce platforms, corporate websites, and digital transformation projects, the agency maintains strong client retention and steady growth. The owner is seeking a qualified buyer due to relocation, making this an ideal acquisition for a digital entrepreneur or larger tech firm looking to expand their Rhode Island presence. This turnkey operation includes established systems, documented processes, and a pipeline of potential projects ready for immediate implementation under new ownership.

Financial Details

Asking Price
$1,915,000
Cash Flow
$290,000
Gross Revenue
$4,465,000
EBITDA
$230,000
Inventory
N/A

Business Details

Established
2009
Employees
4
Real Estate
Included in Price
Reason for Selling
Relocating
Financing
No
Training
Yes

Deal Analysis

Estimated figures for analysis purposes only. Consult a financial advisor.

Price/SDE Multiple
6.6x
Price/Revenue
0.4x
DSCR
1.21
Cash on Cash ROI
-5.3%
Down Payment (SBA 10%)$191,500
Loan Amount$1,723,500
Monthly Payment$20,011/mo
Annual Debt Service$240,136
Owner Salary$60,000
Cash Flow After Debt + Salary$-10,136
Asking Price
$1,915,000
Cash Flow: $290,000

Send Inquiry