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- RE: Nationwide Full-Service Software Company, 100% ARR
- Contact: Sundeep Gill
Quick Facts
Asking Price: | $30,000,000 | |
Annual Revenue: | $8,415,863 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $2,423,526 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2001 | |
Employees: | 140 | |
BBN Listing #: | 939498 | |
Broker Reference #: | S092821G |
Business Overview:
This near shore company is a highly profitable full-service software company that operates all over the globe but has majority of the concentration within the US (80%). The company specializes in software development with a team of highly specialized software professionals who offer high-quality products and services based on their business knowledge and the use of the latest tools in Information Technology. The company currently employs 140+ employees, with managers in place. The company provides software services all over USA (Florida, Massachusetts, California, Ohio, Texas, etc.), Canada, LATAM, Europe, New Zealand, etc.
The success of this company is evidenced by its nearly 15% year-over-year growth in 2020 and a sustained upward trajectory since 2017. The company surpassed the test of Covid-19 pandemic, with its operations indicating positive growth in 2020. This company’s opportunity has no ceiling, and 35% profit margins in 2020. This ideal service business is easily scalable with expansion into other markets and regions. To complete this offering, a new owner will benefit from intuitive leadership by current management and owners in inheriting a motivated and skilled staff who are ready to stay.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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