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Saas App Developer - Southeast Michigan For Sale

Michigan, US
Asking Price:
Undisclosed
Sales Revenue:
$1,239,088
Cash Flow:
$244,698

This SaaS App Developer was established in 2008 and has grown into one of the largest providers of mobile applications in the United States with a core focus in radio.

The Business has developed a proprietary platform that allows it to configure app layouts and content for its clients without requiring resubmission to the Apple and Google app stores. Additionally, the Business has designed a dashboard for clients to update their content feeds, banner feeds, and more, allowing clients to have control over the content on their apps.

At this time the owners are seeking to sell the Business in order to pursue retirement. The COO is willing to stay on as long as necessary to make a smooth transition.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of non-disclosure agreements (NDAs) and sending of information for speed and efficiency.

You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK OR A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL.

Once we receive your NDA, the Confidential Information Memorandum (CIM) will be sent to you will be sent to you from the advisor. They will be happy to correspond and answer your questions directly. Thank you for your time!

Property Information

Real Estate:

Lease

Lease Terms:

Lease Rate: $1,400/month
Total Building Size: 1,200 sq. ft.

Leasehold Rent:

$16,800 per annum

Location:

Southeast Michigan

Premises Details:

The office has three hard-walled offices, a kitchen, storage room, conference room, and a large open space.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Growth Opportunities:
(1) Pursue New Clients
(2) Expand Product Offerings
(3) Extend Platform to Adjacent Verticals

Competition / Market:

Investment Highlights Include:
(1) Lean SaaS Business
(2) Marketing, Sales and Support
(3) Proprietary Platform

Reasons for selling:

Ownership is pursuing retirement.

Employees:
8
Years established:
18

Other Information

Support & training:

Ownership is willing to provide reasonable and customary transition assistance.

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

Limited seller-financing is available for qualified buyers.

Furniture / Fixtures value:
$5,715