Agency

IT services

Founded in
2015
Desired valuation
at
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
Reason for selling
We are looking for an a buyer who can take over the business so we can focus on our next ventures.
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
Target customer
SMBs and large enterprises
Number of customers
84
Competition
SAP, Microsoft, Oracle
Operational details
Technology stack
C, C++, python, PHP
Marketing channels
Conferences, exposés, conventions, industry groups,
Sales & marketing spend
Spent $100K last year on paid advertising and nearly $1M on direct sales (salaries and commission).
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
Annual revenue
$ 4.5 M
Annual profit
$ 677 K
Based in
AMER
Team members
16-25
Acquisition type
Full
Desired valuation
Open to offers