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- RE: Custom Software Design & Development Agency $4MM
- Contact: Rick Carlson
- License #: 01820673
Quick Facts
| Asking Price: | $20,000,000 | |
| Annual Revenue: | $12,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $4,000,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2008 | |
| Employees: | 25 | |
| BBN Listing #: | 891327574 | |
| Broker Reference #: | 1052 SOFTDEV |
Business Overview:
Founded in 2008, the Company is a custom software development company that designs, builds, and maintains mobile and web app designs for their clients. They build innovative digital products that put the user first across a multitude of different industries including healthcare, hospitality, and automotive.
The Company specializes in mobile and web applications that meet the specific needs of unique users. It has created various automated & customizable coaching program templates that enable best practices and provides flexible software development process that focuses on quick, iterative releases into test environments.
Enhancing digital experiences is expected to create opportunities for WCM Vendors due to shift in digital trend toward cloud-based SaaS content management systems and customers’ shift toward video-based content across the OTT space and the adoption of AR and VR enable companies to modify website content.
Company has been in business for nearly 12 years with multiple owners and has long-term contract issued by the US General Services Administration (GSA) that allows the Company to enter business with the US government agencies as a small business.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Property Features and Assets:
Facilities: Has headquarters in Southern California with satellite outposts due to a distributed workforce throughout the US.
Market Competition and Expansion:
Competition: A few competitors in the space do some of what the Company does but no one does it better than the Company. Growth & Expansion: Full digitization should well be on its way as business survivors have accumulated precious lessons in their collective belt. From digital health solutions, virtual classrooms, virtual events, streaming, and digital content consumption, to omnichannel and remote work, full digital transformation is truly well on its way fast.
Reason for Selling:
Team up with a well-capitalized acquirer to contin
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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