OFF-MARKET-SoCal 4MM Net Custom Software Design and Development Agency for Sale

OFF-MARKET ‘Q3 2024

Custom Software Design & Development Agency $4MM Net 2022

Southern California

Seller financing available if the price and deal structure is right

Asking Price: $8MM+ or Best Possible Offer

Cash Flow: $2,081,581

Gross Revenue: $9,203,417

EBITDA: N/A

FF&E: $58,500

Inventory: Included

Established: 2008

Employees: 25

Business Description:

$4MM in the URL title was an original forecast made in early 2022, actual #’s are accurate in gross/net revenue figures above!!

Founded in 2008, the Company is a custom software development company that designs, builds, and maintains mobile and web app designs for their clients. They build innovative digital products that put the user first across a multitude of different industries including healthcare, hospitality, and automotive.

The Company specializes in mobile and web applications that meet the specific needs of unique users. It has created various automated & customizable coaching program templates that enable best practices and provides flexible software development process that focuses on quick, iterative releases into test environments.

Enhancing digital experiences is expected to create opportunities for WCM Vendors due to shift in digital trend toward cloud-based SaaS content management systems and customers’ shift toward video-based content across the OTT space and the adoption of AR and VR enable companies to modify website content.

Company has been in business for nearly 12 years with multiple owners and has long-term contract issued by the US General Services Administration (GSA) that allows the Company to enter business with the US government agencies as a small business.

Recently awarded a relationship as one of a handful of partners directly with a lead source that will subsidize numerous ~$500k grants each to secure development deals with Fortune 500 companies that will ultimately go towards building applications and solutions that will be hosted on on the lead’s platform.  Very unique runway lies ahead – this is a land-grab we are seeking a supportive growth partner to triple the business or more in the next year.

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

Detailed Information

Facilities:

Has headquarters in Southern California with satellite outposts due to a distributed workforce throughout the US

Competition:

A few competitors in the space do some of what the Company does but no one does it better than the Company.

Growth & Expansion:

Full digitization should well be on its way as business survivors have accumulated precious lessons in their collective belt. From digital health solutions,
virtual classrooms, virtual events, streaming, and digital content consumption, to omnichannel and remote work, full digital transformation is truly well on its way and dynamic.

Financing:

TBD if structure and terms are acceptable.

Support & Training:

As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the business.

Reason for Selling:

Team up with a well-capitalized acquirer to continue rapid growth and provide flexibility for shareholder to focus on other exciting business ventures he’s waiting
to pursue.