Business Overview:
Highly automated, platform endorsed productivity app in Atlassian ecosystem with blue chip clientele and 100% MRR.
This business provides productivity software to technology teams. With advanced knowledge of project management and Atlassian tools, the company developed software to help people in companies improve product development efficiency. In partnership with Atlassian, the Apps are promoted via the Atlassian website for affiliate commissions. Being platform endorsed has extended huge credibility to this company. In addition, with 242,623 customers in over 190 countries and 10 million monthly active users, the business benefits from Atlassian's huge marketing ability and natural customer flow.
With the codebase having been optimized for years, the software is mature with no bugs or security issues and requires effectively no maintenance to support current and new customers. One owner runs the business reviewing income reports and fixing codes, if needed. Operated in about an hour or less per week, the business provides a source of passive income.
This business has been experiencing YoY growth. This trend has continued with sales up 96% and profits up 101% in 2022 over 2021.
Key Benefits
• YoY Growth: 50%+
• Strong Net Profit Margins
• Marquee Clientele
• Well established since 2015
• Highly automated with passive income (software and sales process run on its own)
• Annual and Monthly Recurring Revenues
• Tremendous Credibility
• Products are mature with a stable code base that require very limited maintenance
• Cyber security experts have deemed the app un-hackable after conducting many penetration/security tests
• Great Growth Potential - reinvest some of existing cash flow to build new products to attract new customers and add greater lifetime value
• $4,000 of AWS Credits within the business that are used to cover outstanding expenses like server costs.
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Market Competition and Expansion:
Building on its established foundation and solid performance, the Company is positioned for a new owner to take the brand to its next level.
Some ideas for further expansion include:
• Expand offering by creating new products
• Increase pricing
• Formulating more partnerships
Reason for Selling:
Pursue Other Interests.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
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