Software Company in Southern Ontario
For more than 22 years, this award-winning company has been providing software as a service to a subscriber base that currently exceeds 600 users. This business boasts a very low churn rate, as it consistently provides a quality product and services that consumers are continually adopting. An established relationship has been developed with the supplier of the development platform which can be passed on to new ownership.
Comprehensive training, if required, will be provided by the owners to assure a smooth transition. This business is easily relocatable as very few of the business clients actually reside in Southwestern Ontario and the office can be run virtually. The business is staffed with highly competent and skilled employees, ensuring excellent development and support for the product.
This is an ideal opportunity for another software company to expand, by adding a vertical market solution to their product line. Additionally, it is well suited for a software or Filemaker Pro developer who is interested in owning or growing an established business with a steady income stream.
| Price: | Negotiable (prefer a share sale) |
| Revenue: | $465,000 |
| Contribution: | $291,000 |
| EBITDA (normalized): | $148,000 |
| Sellers DE (normalized): | $218,000 |
| Employees: | 5 (incl. owners) |
For Further Information Please Contact:
Mike Evans Salesperson 519-673-2156 mevans@beaconbrokerage.ca
Rick Odegaard Broker of Record 519-854-4661 rick@beaconbrokerage.ca
Businesses for Sale SOLD