Software Company - Well Established Very Profitable
Relocatable, UT Not Disclosed
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- RE: Software Company - Well Established Very Profitable
- Contact: Dean Wiltse
Quick Facts
| Asking Price: | $7,000,000 | |
| Annual Revenue: | $1,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $345,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1999 | |
| Employees: | 10 | |
| BBN Listing #: | SB-54758 | |
| Broker Reference #: | DRAPERUT001-54758 |
Business Overview:
Global platform allowing event organizers to find and book speakers directly. Company is one of the few platforms that allows you to search, contract, pay, and communicate directly through the platform.Software As A Service business model. This well run business generates almost $1,200,000 in license fees and $500,000 income to the owners. It can be run from anywhere. The business has grown 28% during the last two years with 35% positive cash flow.
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Market Competition and Expansion:
The event, convention, meeting industry needs talent to improve their meetings and events. The growth of the live event industry predicted to reach $1.2 Trillion by 2032. Event management is experiencing a surge in demand. This company is poised to take advantage of this momentum.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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