Refine/Revise Search
Asking Price: $1,200,000

Sale Pending - Software Dev Firm 65%+ YoY Growth

Not Disclosed, NY
Not disclosed

This software development company is passionate about assisting businesses in overcoming complex challenges. They specialize in Staff Augmentation and Full-Stack Development services as well as full product-lifecycle builds of web and mobile applications.The company’s customer base ranges from small entrepreneurs to multimillion-dollar SMBs, spread across plenty of industries. With most clients being long-term commitments relying on services for all or part of their technical needs, this presents valuable committed revenue and long contractual agreements.ValuationAn existing client recently increased their staff augmentation commitment to $760k, driving current contracted and booked revenue to a total of $1.32M in top line revenue and over $650k in SDE for 2024. Without any new additional service commitments, the company is already poised to achieve a 65% YoY increase in top line revenue compared to 2023. This brings considerable committed revenues, increased margins, massive growth and another strong long-term client relationship to their already impressive success!Key BenefitsPriced at less than 2x 2024’s booked SDELong contractual agreements averaging 3-5 yrsHighly satisfied customer base w/ all new clients coming via word of mouth. No paid marketing.Financial Summary2024 Booked Revenue / EarningsGross Revenue $1,329,308 USDCash Flow $653,066 USD

Cash Flow $653,066
Revenue $1,329,308

loading...
TOP ▲
Add Businesses and/or Franchises
To Basket For Free Information

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.