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- RE: 25yr SaaS Business | Custom Technology & Software
- Contact: Ron Matheson
Quick Facts
Asking Price: | $10,600,000 | |
Annual Revenue: | $2,611,645 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $2,000,294 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1999 | |
Employees: | Not Disclosed | |
BBN Listing #: | 986718 | |
Broker Reference #: | WC 3615 |
Business Overview:
Website Closers® presents a Software Company that offers Customized Software Solutions in a Software as a Service (SaaS) model. The company has been a leader in its space, just hitting its 25th anniversary in business … a tremendous milestone for any business but made even more exciting by the fact that the company continues to grow, having increased net profit 27% in 2024 compared to 2023. They have become true leaders in building sophisticated web and mobile applications for their clients.
With a strong foothold in the non-profit and transportation sectors, this business has built a reputation for delivering high-quality, customizable software that streamlines operations for their clients. The company boasts an impressive 76% profit margin, with 90% of their revenue generated through long-term subscription contracts.
One of the most exciting selling points of this business is the fact that they have Zero Ad Spend and no marketing/sales team. All 100+ clients are referrals or word-of-mouth prospects. And since this business has been in operation for 25+ years, it is clear that they need not have the expense of sales/marketing unless they want to double or triple their client base.
Their core offerings include a Case Management System for nonprofits, social service agencies, and government programs, along with a comprehensive Transportation Management platform designed for ride scheduling, dispatching, and fare collection.
100+ organizations rely on these solutions, with many having remained loyal clients for 15, 20 and even 25 years. Customer churn is remarkably low, as the software is deeply integrated into daily operations, making the products “sticky” and making transitions to other systems highly unlikely and cumbersome.
Top Business Performance Metrics
• 25+ Years in Business
• 27% YOY Growth
• 76% Profit Margins
• 90% Recurring Revenue
• $25,000+ Average Contract Value
• 100+ Active Clients
• Extremely Low Churn
• No Marketing Spend
• No attempted White Labeling of Products/Services
• 7-person Team
• 6,000+ Email Subs
With an average contract value of $10,000 to $50,000 and a 90% recurring revenue model that helps to provide predictable cash flow, this business operates efficiently with a small, 7-person team of 4 professional programmers/developers and 3 business operational employees.
Despite consistent revenue YOY, the company has yet to tap into their full growth potential. Right now, no marketing team is in place, which could open massive doors for a buyer to tap into this opportunity. The marketing team could then work on boosting sales with an enormous social presence, trade shows, regular client engagement, digital marketing sales outreach, new client follow-up, and more on attracting new clients. This is an excellent business with a bundle of opportunities from diverse directions.
If you would like to know more about their scaling potential and how to make this business yours, contact Website Closers today!
WC 3615
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Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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