Global SAAS Development Company Adj. EBITDA Over $500K Annually

FINANCIAL INFORMATION
  • Asking Price: $2,200,000.00 ( Purchase price includes all IP rights).
  • EBITDA: $583,657.00
  • Gross Revenue: $653,838.00.00
  • Cash Flow: $583,657.00
  • FF & E: N/A
  • Inventory: N/A
  • Financing: No
BUSINESS LOCATION

Southeast

DESCRIPTION

Founded in 1983, this proprietary SAAS development and IT Managed Services Company provides software applications to give their clients a competitive advantage in their industries. The Company is recognized in the market as an innovative leader. Currently, servicing secured and recurring contracts with companies around the world in diverse industries.

INVESTMENT HIGHLIGHTS:
  • Recurring Revenue with Little Expense 
  • Minor Direct Competition 
  • Established Clientele and Strategic Relationships 
  • Long Tenure in Industry with Experienced Team
GROWTH OPPORTUNITIES:

Opportunities identified for Near-Term Growth:
  • Geographic Expansion: The Company has high client concentration in the United States, Canada, and Europe. Efforts to expand into developing countries where there are large data centers provide great growth opportunities for increasing revenue exponentially.
  • Targeted Marketing: The Company has not done any marketing of any kind in the past six years. Targeted marketing campaigns to similar customer segments could greatly increase revenues over time.

REASON FOR SALE

The Owners are involved in other business ventures and wish to transition the business as part of an exit strategy.

FACILITIES

Can be operated from anywhere.

Details

  • Home Based: Yes
  • Franchise: No
  • Distressed: No
  • Willing To Train: Seller is willing to train new owner for a smooth transition.
  • Real State Available: No
  • Is Property Leased: No
  • Real Estate Included: No
  • Is Management Staying: No
  • Part Time Employees: 3
  • Building Size: Can be run from anywhere
  • Listing Id: SA1596

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