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  • RE:  Document Management And Scanning Saas Company
  • Contact:  Dean Wiltse

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $280,000
Net Profit: Not Disclosed
Cash Flow: $185,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: SB-55205
Broker Reference #: DRAPERUT001-55205

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Business Overview:

The problem: the SMB Cloud DMS market is UNDERSERVED. Current document management solutions are expensive or support limited features.We are Built from scratch for the cloud:● Kubernetes (K8) platform● Integrates with Salesforce● Easy, intuitive, free to start● Works on tablets and mobile devices● Automated capture, scriptingInnovative Features:● SCAN from Browser (Patent worthy)● Print direct to REV (Patent worthy)● Fully Browser based (No desktop rollout)● Easily OEM-ableElectronic Document Management System Market to see 15% CAGR to cross USD 6 billion by 2024 -marketwatch.comReason for selling – “We have purposely kept it small and easy to manage for us. We believe that it is time to stop keeping ScanRev a secret and give it the attention that it deserves.”The company thrives in the rapidly expanding document storage and scanning markets, presenting attractive integration possibilities with accounting and CRM systems - an enticing opportunity for potential acquisition. Leveraging proprietary software and expertise, our product provides innovative solutions to meet escalating demand, ensuring scalable and reliable document management.In 2023, the company continued strong financial performance. Revenue increased to $280k, a CAGR of over 14% annually in recent years. Operating Margin remained strong (28%), securing sustained success. Notably, the Seller's Discretionary Earnings (SDE) reached $180k+ each of the last 2 years.

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Additional Details:

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

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