Business For Sale

Secure Software Control Vast IoT, Network Items

Los Angeles, CA
Los Angeles County

Asking Price: Annual Revenue:
$600,000 $492,625

Technology: Software

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RE: Secure Software Control Vast IoT, Network Items Broker: Rick Carlson
License #: 01820673
Owner Financing is Available!
If the price and deal structure is right.

Quick Facts

Asking Price: $600,000
Annual Revenue: $492,625
Net Profit: Not Disclosed
Cash Flow: $261,456
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1991
Employees: 3
BBN Listing #: 87427574
Broker Reference #: 796 IoT

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Business Overview:

Seller provides development, licensing, and maintenance of software packages that provide secure remote access and end-point security to anywhere from small to very large numbers of networked and IoT devices. Seller has existent, established and secure software products as well as close to launch new Cloud software that allows for secure remote access and end-point security for the maintenance and upgrade of a few to millions of networked and IoT devices. Its software is perfectly positioned to become a dominant player in the exploding IoT world. Seller has worked with numerous Fortune 500 clients and currently has contracts in the medical, wholesale distribution, and commercial device IoT markets. In the past year, even with most resources being focused on the development of the new Cloud software product, Seller’s existent maintenance and licensing contracts brought in over $400,000 in revenue. The Company’s newest Software Product, Cloud based, is designed to secure IoT devices from attack by making them virtually invisible to hackers. This Cloud software provides a “drop-in” security solution for any IoT device manufacturer. They do not need to do any development to make their products secure. They simply need to install Seller’s software agent on their device to get instant security. Seller’s software products can be licensed by the number of devices covered, which can lead not just to market dominance but explosive and ongoing recurring revenue growth. The purchaser of this company and its products can virtually overnight become a major player in the IoT space, one of the fastest growing market segments in the world today. NDA is required to review comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

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Property Features and Assets:

Facilities: Portable nationwide.

Market Competition and Expansion:

Competition: Comprehensive package on file covers this, NDA is required. Growth & Expansion: Comprehensive package on file covers this, NDA is required.

Reason for Selling:

Wants someone with marketing muscle to take the so

Additional Details:

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

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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