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- RE: Software Development Company | Zero Ad Spend |
- Contact: Ron Matheson
Quick Facts
Asking Price: | $3,000,000 | |
Annual Revenue: | $2,610,802 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $673,241 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | Not Disclosed | |
BBN Listing #: | 987259 | |
Broker Reference #: | WC 3612 |
Business Overview:
Website Closers® presents a seasoned software development firm specializing in cost-effective, timely, and high-quality software solutions for the Ed-Tech Sector. With over 5 years of experience, the company has successfully completed more than 915 projects, serving over 2,000 satisfied customers. Their team of 110+ professionals offer a comprehensive suite of services, including end-to-end software development, dedicated teams, Proof of Concept (PoC)/Minimum Viable Product (MVP) solutions, mobile app development, UI/UX design, DevOps, and ongoing support. Leveraging AI-powered tools, the firm ensures the delivery of clean, bug-free code, enhancing productivity and efficiency. Trusted by over 40 clients worldwide, the company is committed to turning visions into reality efficiently and affordably.
The company has a foothold in the Education Sector, offering tailored IT Solutions designed for Data Security and Compliance for that sector. With a strong recurring revenue model and a 100% Client Retention Rate, this business stands out as an industry leader in ed-tech. They spend zero dollars on advertising – all clients have come from word-of-mouth and referral sources.
Since their founding in 2020, the company has built a reputation for seamlessly integrating with clients’ engineering teams and providing full-scale development services that ensure long-term satisfaction. With zero churn and every client renewing their contracts, the business operates like a SaaS model, securing a steady and predictable revenue stream. The average client’s lifetime value exceeds $484,000, demonstrating high return on investment per acquisition.
The company generates revenue primarily with top software engineers working remotely to meet an average of $20,000 per client. And their client contract value is up to $7500 or higher depending on the size of the project. With a cost-efficient global workforce mostly based in Eastern Europe and the U.S., the company maximizes profitability while maintaining high-quality service.
Key Business Metrics Contributing To Their Success:
• AOV - $20,000
• Zero Ad Spend | 100% Referral Based
• Recurring Revenue Model
• Zero Churn Rate | 100% Client Retention
• LTV - $484,000
• 100% Remote
• Proven Growth Metrics
• Proprietary Tech and Knowledge Stack
Despite their strong foundation, growth has been totally organic via word-of-mouth referrals. No formal sales team or marketing initiatives have been employed, leaving room for potential expansion. A buyer with expertise in sales and marketing could significantly scale operations by establishing a commission-based sales team, attending industry conferences, and structured outreach campaigns.
The business is highly scalable, with a streamlined hiring pipeline that allows for rapid expansion without sacrificing quality. The current owner works just 10 - 20 hours per week, focusing on high-level oversight and client relations. To ensure a smooth transition, they are open to remaining in a consultancy role or retaining a minority equity position. With a secure foundation, and untapped growth opportunities, this business is positioned for a strategic buyer to take it to the next level.
Contact Website Closers today for more details.
WC 3612
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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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