Nationwide Online Testing Systems Company

Not Disclosed, NA

United States


Asking Price: Annual Revenue:
$950,000 $994,000

Technology: Internet, Websites


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RE: Nationwide Online Testing Systems Company Broker: Sean Carey
License #: 40728016

Quick Facts

Asking Price: $950,000
Annual Revenue: $994,000
Net Profit: Not Disclosed
Cash Flow: $317,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 373055277
Broker Reference #: 15219872-SC

Email or Print Listing

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Business Overview:

OFFERING
Don't miss this rare opportunity to acquire an established online testing systems business The Company provides for the delivery of practice and certification exams and related services in support of test delivery, that can be broken up into two categories: 1) Proctoring options and 2) Custom designed Candidate Management Systems.

The Company serves clients in various markets such as associations, government bodies, and corporations. Throughout the nation for over two decades. They are highly regarded for their state-of-the-art technology, allowing for minimal technical support requirements in a more personalized fashion.

BUSINESS HIGHLIGHTS
- People: Made up of a core group of employees and dedicated business partners who have worked with the Company for over 20 years. Because of their scalable structure, they can respond to client needs in a timely and cost-effective manner.

- Price: All contracts are unique and based on the clients' services required and total annualized attempt volumes.

- Services: Agile testing system that can respond quickly to a client's needs, with 38 fully translated language front ends, unparalleled customization of testing programs, superior feedback, and unmatched security.

- Customers: Diversified list of customers in various markets with no customer concentration issues.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Market Competition and Expansion:

INDUSTRY TRENDS (1) • Ramping Revenue Growth. Industry revenue increased 12.3% in 2016, 10.6% in 2017, 9.9% in 2018, 9.2% in 2019 and 13.2% in 2020. • Growth For Security Software Market. Security continues to be a lucrative market for the software industry, as an increasing amount of corporate data is exposed to the Internet. Worldwide revenue for security software increased about 8% in 2016, 10% in 2017, 9.7% in 2018 and 13.9% in 2019, according to Gartner. High growth categories included security information and event management (SIEM) and IT outsourcing. Global spending on security software is forecast to grow 8.3% annually through 2024. • Employment by software publishers increases. Overall employment by software publishers changed 6.4% in May compared to a year ago, according to the latest data from the Bureau of Labor Statistics. Source: (1) Vertical IQ

Reason for Selling:

Personal reasons.

Additional Details:

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

Documents:

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