Website Services for Writers

Cowes, Isle of Wight
REF: 04304

Asking Price:
£30,000
Annual Turnover:
£20,000
Annual Net Profit:
£13,000
Featured
Reduced
Recently Sold
REF: 04304
Photo of Website Services for Writers
Photo of Website Services for Writers
Photo of Website Services for Writers
Photo of Website Services for Writers

Overview

Tenure:
Relocatable
Established:
2000
  • Nationwide customer base
  • Two independent revenue streams
  • Membership site with over 200 members
  • Recurring income
  • Suitable for home office
  • Vendor currently runs as a part time business - 5 - 10 hours per week

This well-established business specialises in building websites for writers and also runs a site where authors pay annually to advertise their availability for work.

It has a nationwide customer base so it can be run from anywhere in the country.

The current owners work part-time from home so this is an excellent opportunity for an enthusiastic buyer to build on the business's good reputation and develop it further.

The Word Pool has customers throughout the UK and two independent revenue streams that are both included in the same sale.


The first half of the business is a comprehensive web design and hosting service aimed at authors, including those operating in the growing self-publishing market. It has been running for 16 years and currently has over 70 clients.


The second half is contactanauthor.co.uk: a website that allows authors to advertise their availability for talks, workshops and other events. The site includes a sophisticated search facility as well as automated systems to deal with billing and to allow individual authors to enter and update their information.


This part of the business has been operating for over 10 years and currently has more than 200 authors listed on the site. It shows up well on Google searches and has a good reputation with authors and event organisers.

This is a fantastic opportunity to purchase an interesting, established business dealing with the book industry. It has a nationwide customer base so it can be operated from anywhere in the country.

Trading as one business with two separate revenue streams, The Word Pool offers web design and hosting services for writers plus a membership site to help authors obtain paid work, such as presentations, talks and workshops.

With the ongoing growth in self-publishing and traditional publishers expecting authors do more of their own publicity, there is a clear demand for these services. However, the current owners have allowed the business to stabilise at an annual turnover of £20,000 to suit their desire to only work 5 -10 hours a week. Under dynamic new ownership, there is clear scope for the business to build on its current excellent reputation and increase both its customer base and its income.

This popular and highly regarded business is primed for further development and offers a superb opportunity to an enthusiastic entrepreneur. Because the two revenue streams are independent of each other, the current owners are willing to consider splitting the business if two suitable buyers come forward.

Features

Online Presence

Website: www.wordpool.co.uk

Location

Financial & More

Annual Turnover
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Annual Net Profit
XXXX
Stock at Valuation
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Company Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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