Marketable Mobile App Payment Processing For Gov.

Sarasota, FL

South East


Asking Price: Annual Revenue:
Not Disclosed Not Disclosed

Technology: Software


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RE: Marketable Mobile App Payment Processing For Gov. Broker: Michel Seiler Tucker

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $1,612,572
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 1
BBN Listing #: 143953282
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Established in the mid 2000's, this highly profitable company provides a series of user interface apps to pay and manage state agency fees. This app offers solutions for several different states and is in the process of growing into many more. The company can be operated from anywhere in the world and has the ability to add congruent revenue streams. The company has seen significant growth in revenues and EBITDA, close to doubling each year from 2018-2021.

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Market Competition and Expansion:

The Smartphone App Developers industry comprises companies and individuals that develop applications for smartphones, including IPhone and Android devices. Industry participants simply develop and updates smartphone applications, with all recorded industry revenue generated through these services, not through in-app receipts. For example, money earned through the sales advertisements or in app purchases is not recorded in the industry. The company has experienced extremely high growth historically, essentially doubling in revenue each year. They have identified several geographical markets for expansion to sustain this growth.

Reason for Selling:

Retirement

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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