Agency

listed by broker
IT services
Founded in
2015
Desired valuation:
Open to offers
Description
We develop custom enterprise resource planning (ERP) systems tailored clients of all sizes and across industries. Upfront contracting and recurring revenue from SLAs.
Featured metrics
Customer retention 98%, organic business growth YoY 12%, profit margin 24%
Selling details
Type of shares
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Reason for selling
We are looking for an investor to buy out half of the founding partners who are looking to retire early for the remainder of us to take the business forward unchanged and unscathed with our staff plus an investor in a passive role.
Preferred acquirer
An individual or group familiar with IT development and solicitation services who's interested in having their investment pay dividends in a passive role (sleeping investor).
Aspirations & growth opportunities
Our plan is to continue the trajectory upwards by delivering good results and satisfied clients who refer new business via word of mouth recommendations.
Business details
Business model
Software developement assignments and IT maintenance contracts
Customers
86 (SMBs and enterprise)
Competition
Oracle
Operational details
Technology stack
C, C++, python, PHP
Marketing spend
$100K annually on paid advertising and nearly $1M on direct sale salaries and commission (conferences, exposés, conventions, industry groups)
Performance tracking tools
Google Analytics, Proprietary tools
Financial details
Ownership structure
4 partners each holding 25%
Last month's revenue
$ 418 K
Last month's profit
$ 64 K
Financial records
Annual P&L summary reports, Physically kept books
Metrics
TTM revenue
$ 4.5 M
TTM net profit
$ 677 K
Based in
AMER
Team members
16-25
Acquisition type
Minority
Desired valuation
Open to offers
Message Owner
61508a6c9005c800044f86e8
Message Broker
61508a6c9005c800044f86e8