AUSTIN, Texas
| Asking Price |
$4,200,000 |
Year Established |
1976 |
|
| Annual Revenue |
$2,389,678 |
Reason for Selling |
Retirement Planning |
|
| Annual P/L |
$0 |
Attention |
Cortney Sells |
|
| Annual Cash Flow |
$403,389 |
Listing Number |
1012828 |
|
| # of Employees |
15 |
Business Category |
Technology: Software |
|
Business Overview:
50-year industry leader delivering mission-critical solutions to a niche customer base of 300+ mid-sized independent owners of rental businesses. This Company is a wellestablished provider of proprietary software solutions designed specifically for the equipment and event rental industry. The business develops, sells, and supports a comprehensive platform that enables clients to manage inventory, rental contracts, billing, dispatch, and integrations with accounting and ERP systems. The Company benefits from a highly recurring revenue model driven by SaaS subscriptions, support contracts, and ancillary revenue streams. Their platform is deeply embedded in customer operations, resulting in strong retention, consistent cash flow, and a defensible market position within a niche industry. The Company operates with a fully remote team of 15 employees, including developers, sales personnel, and client support staff, many of whom have long tenure and deep industry expertise. Ownership is actively involved in the business, by overseeing finance, leading operations, and development coordination. The seller has offered to carry 10% of the purchase price, plus is willing to do a 10% performance based earnout, as a show of good faith in the continued success of the business post close. Priced at $4,200,000 the Company has built a strong reputation over decades, generating new business through referrals, and organic inbound demand. Significant growth opportunities exist through pricing optimization, expanded outbound sales efforts, and enhanced marketing and product development initiatives.
Property Features and Assets:
<p>Location: No physical location – remote operations<br></p>
Market Competition and Expansion:
<p>Growth Opportunities: Key opportunities include increasing pricing, expanding outbound sales efforts, and enhancing marketing and product offerings<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity