Agency
IT services
Founded in
2015
49%
for
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 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 partner profile
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).
Founder's business aspirations
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
Product competitors
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
