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Listed by:

ProNova Partners

Broker license number: 01820673

Custom Software Design Development Agency Net For Sale

Los Angeles, California - South, US
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$12,000,000
Cash Flow:
$4,000,000

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.

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

Property Information

Premises Details:

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

Business Operation

Expansion Potential:

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 fast.

Competition / Market:

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

Reasons 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.

Employees:
25
Years established:
14

Other Information

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.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

TBD if structure and terms are acceptable.

Furniture / Fixtures value:
$58,500 - included in the asking price

Listed by

ProNova Partners

Broker license number: 01820673