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Niche Software Business For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $280000
Net Profit / Cash Flow $143000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2007
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Will stay for extensive transition.
Description Most of the revenue for this operation comes from sales but there is also some revolving income, based on annual tech support subscriptions. The present business has generated $110,000 in income the past 3 years, however, there is a new business model that brings in even more revolving income through monthly subscription web use. The new business model revenue streams include: 1.) global sales through a single version of the software application 2.) a web based version of the app for monthly subscription revenue 3.) paid for advertising within the application itself by industry wholesalers. Seen globally, these developments are huge in terms of revenue potential. Seller is willing to work with a buyer to bring to fruition the new business model and can also do an earn-out for some of the sale price. A decent portion needs to be a cash injection however. Currently has 60 clients in the US, Canada, and the UK (as well as 1 in Switzerland).
The software is a business/project management database application. It enables the end-use to: - create proposals/invoices/orders - track items and tasks - build items with multiple components - use pictures in tear sheets and proposals as sales tools - handle time billing and accounting (including export to Quickbooks) The software does this with a very intuitive User Interface.
The business has a number of non-brick/mortar assets: - online video demo - mapped out user processes - mapped out business processes - good findable website - video tutorials and web support pages - proprietary customer support ticket software with knowledge base - cc processing directly off website - business plan NDA is required to speak to seller and find out what industry, etc.
General Information
Facilities: Home Based
Email or call Rick Carlson at 800-985-4939 Extension 280 for more information on this niche software business for sale.
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