Business For Sale

100% MRR Enterprise or Individual Software Product

Tampa, FL
Hillsborough County

Asking Price: Annual Revenue:
$300,000 Not Disclosed

Services: Computer, Internet, Technology Repair & Services

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RE: 100% MRR Enterprise or Individual Software Product Broker: Rick Carlson

Quick Facts

Asking Price: $300,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: Not Disclosed
BBN Listing #: 424827574
Broker Reference #: 730 Software

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Business Overview:

The Founders of a profitable software company serving the mortgage industry is seeking a financial partner for the formation of a new company and a new product launch targeting the same industry. With the exploding use of social media by their loan officers, complications with borrower feedback, and major compliance and branding concerns, the company’s clients expressed frustration with existing solutions. It has become clear that the mortgage industry has a need for a product that integrates social media marketing, compliance regulatory overview, and processes customer feedback seamlessly.

The Founders already have two successful products on the market and have created a third software product that is projected to have a significantly larger market reach than their first two. This product is being beta tested with current customers and is nearly ready to launch. Capital investment is sought to rapidly complete the final stages of testing and development and to invest in aggressive marketing to bring this new product to market as soon as possible. Owner is offering equity in return for investment with an intended exit in 3 years by acquisition. Based on knowledge of market size and reasonable assumptions of market reach, Company is projecting to break even Q1 of year 2 and increasing profitability thereafter. Full projections available in first round packet after submission of signed NDA.

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Property Features and Assets:

Facilities: Small Office in Florida that accommodates current staff. As Company grows, more space may be needed.

Market Competition and Expansion:

Competition: Not a concern to the Company as this is a new product addressing an unmet market need. Projections are based on a very low total market penetration, as this market is huge. Growth & Expansion: 100% MRR! Once launched, the Company expects a steady increase in subscriptions of both enterprise and individual customers.

Reason for Selling:

Seeking Partner

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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