OFF-MARKET-30MM Sales Pipeline Global Virtual Business Cards Business For Sale

OFF-MARKET ‘Q4 2024

$30MM+ Pipeline Global Virtual Business Cards Business

Northeastern US (Relocatable)

Seller financing is available if the price and deal structure is right.

Asking Price: Best Possible Offer

Total Revenue: $3,553,998

Net Income: N/A

Established: 2019

Business Description
The Company specializes in creating a fully digital solution (Android & iOS wallet and widget) and smart business cards tailored for modern professionals. These innovative cards utilize NFC (Near Field Communication) and QR code technology, enabling users to effortlessly share contact information, social media profiles, websites, and more with a simple tap or scan. This approach to networking eliminates the need for traditional paper cards, offering a seamless, digital alternative that enhances the way professionals connect and manage their contacts.
Beyond its core smart card product, the Company provides customization options and CRM system integrations, making it a valuable tool for businesses aiming to streamline their networking efforts and track engagement. With additional features like analytics, users gain insights into how and when their contact information is accessed. Positioned as a forward-thinking solution, the company focuses on sustainability, efficiency, and the use of cutting-edge technology in professional networking.

NDA is required {SUBMIT BELOW} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Product:
The Company’s smart business card solution uses NFC and QR code technology to streamline contact sharing. Professionals can effortlessly exchange contact details, social profiles, and websites with a tap or scan, replacing traditional paper cards. This solution offers customization options and integrates with CRM systems, enhancing networking efficiency. It also includes analytics tools to track how and when shared information is accessed, providing a modern and sustainable approach to professional networking.

Market:
The sales productivity and CRM market is projected to hit $150.0bn by 2030, while the traditional business card market, with 27.0mm cards printed daily in the U.S., is valued at $7.5bn globally. By targeting U.S. and EU companies with over 25 employees, and assuming 25.0% use business cards, a virtual business card company could capture a $1.0bn market. With an average account value of $1.8k per year for SMBs (57.0% of ARR) and $15.0k per year for mid-market companies (33.0% of ARR), this company offers a modern, sustainable alternative, aligning with the rising demand for digital solutions in business.

Growth:
The Company has achieved significant growth, with $4.4mm in gross billings in the past 12 months and $3.6mm in ARR as of July 1st. The largest customer contributes $110,000 to ARR. A strong 6.8x LTV to CAC ratio highlights its high-margin profitability. The Company handles over 450,000 interactions monthly across 200+ countries. Forecasts project EBITDA of $895,000 for 2025 and $3.5mn for 2026, indicating a 52.5% CAGR from 2024 to 2026 and a gross margin of about 80.0%.

Financing:
If the price and deal structure is right.

Support & Training:
As needed.

Reason for Selling:
Team up with a buyer that can capitalize on this established brand with Fortune 500 clients.