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Digital Transformation Agency In Raleigh For Sale

Raleigh, North Carolina, US
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This business is a one stop shop for small, medium and large businesses requiring online, offline and cloud based software services focused on highly customizable lean development methodology. The company specializes in digitizing and optimization of business processes and communications. If it involves hardware, software, AI, networking, cloud services and/or app development this firm delivers.

This Company is a US based software solutions provider for B2B clients with a niche in Purchasing Co-operatives and Buying Groups. The Company also develops and implements software for organizations across different US based industries. Established in 2004, the Company also has clients in healthcare, legal and retail sectors. The Company is a Microsoft Gold Certified company in application software development and ISO 9001:2015 for Quality Management.

The company leverages its 17 years of experience and 50+ employees/sub-contractors and managers in place to develop software solutions for its clients in broad areas such as web and mobile application development, Microsoft Stack , data integration and migration, IoT and artificial intelligence among other custom service offerings with a team of highly specialized software professionals who offer high-quality products and services based on their business knowledge and the use of the latest tools in Information Technology. The company currently employs, engineers and project managers are certified by Microsoft and The Project Management Institute. The company continuously invests in employee training and certifications to maximize value and quality of deliverables to clients.

The success of this company is evidenced by its nearly 46% growth from 2018 to 2021 and nearly 12% growth in 2021 with a sustained upward trajectory since the company’s founding. The company survived the Covid-19 pandemic with positive growth in 2021 and anticipated continued growth through 2022. The company targets 70% profit margins. This ideal service business is easily scalable with expansion into other markets and regions. The new owner will benefit from strong leadership from the current management team and owner while inheriting a motivated and skilled staff who are ready to remain.

Policies and procedures are extremely well-documented resulting in repeatable processes. This includes tracking suspects to prospects; to leads; to client; to project delivery; to ongoing support. This ensures that there is no single dependency on any individual in the company. All resources are backed-up by another resource in a project-oriented management style with cross trained personnel.
The employees are reliable, provide timely execution, quality services, high performance, responsibility, and abundance of knowledge with excellent customer facing skill sets.

The company is not geographically limited in its ability to deliver solutions to clients but is currently focused on US based clientele.

Property Information



Premises Details:

The company was originally operated with labor in India and New Jersey. The business has been successfully transitioned to North Carolina's Research Triangle Park area and is 100% virtual.

Business Operation

Expansion Potential:

The company has recently retained a sales manager who will be building a formal sales team. The companies growth has been fueled by referrals to date, leaving significant opportunity for growth. The company could improve social media and digital presence which would also create additional growth opportunities.

Competition / Market:

There are many competitors in the software and application development space. This firm differentiates itself by maintaining long-term relationships with sub-contactors and outsourced programmers. The virtual nature of the business allows for 24x7 development. The company has excellent client relationships, online reviews and ratings.

Reasons for selling:

Other Interests. Seller enjoys acquiring businesses using his business experience to improve operational efficiencies, increase revenues and profits.
He is a serial entrepreneur whose long-term plan is to acquire, build, improve and sell companies.

Trading hours:

M-F 8-5 Local Times

Years established:

Other Information

Support & training:

Seller will negotiate terms of transition assistance and/or consulting agreement. Long-term Seller consulting at market rates may be possible.

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

SBA no longer requires seller financing. As such very few transactions include a component of seller financing. Brokers proposed sales structure in an asset sale with 4x EBITDA being paid at closing and 2X EBITDA being paid over 5 years subject to a non-slippage clause that for payment requires sales to at minimum remain at 90% of trailing 12 months gross sales.

This business can be relocated.

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