Reference: BMB10626
Activities: Software Development, SaaS Platform & Consultancy
Location: Scotland
Turnover: Circa £400,000 (FY 2022)
Business Overview
BuyMyBiz is exclusively retained to find a purchaser for this established software development and consultancy business. The business sale includes a fully operational SaaS application and marketplace management solution for online retailers. The business also builds advanced e-commerce and B2B systems that deliver reliability & ease of use combined with the capability to connect and integrate with other business systems.
Repeat & Recurring Income Business
With a long history in software development, our client provides expert help to businesses involved in the e-commerce marketplace. Their primary design and development strengths surround the Microsoft Stack, SQL and Amazon's AWS Development services.
Long Established Business & Brand
With an experienced team, our clients offer a range of services including but not limited to:
• Online Marketplaces
• eCommerce
• Databases
• Cloud / SaaS
• Consultancy
• System Integration
The Team
The vendors are currently supported by an experienced and long serving team of 7 staff which includes two key developers. Our client is happy to agree a mutually agreeable handover period if required by the purchaser.
Reason For Sale
After running the business for over 20+ years and for retirement reasons, our clients believe the future business opportunity will be best realised in the hands of a new entrepreneurial owner or larger business with the experience, enthusiasm and resources to drive the business forward to the next level.
The Opportunity
We believe this business would prove an ideal bolt on to an existing software development business looking to enter the ecommerce Marketplace sector and /or add Microsoft Stack technologies, notably .NET and SQL resources and experience to their portfolio. Consideration will also be given to buyers with strong market or client synergies looking for an acquisition that can add value to existing operations.
✓ Established Brand & Reputation
✓ Profitable Business
✓ Recurring & Repeat Client Revenue
✓ Opportunity for Growth
✓ Scalable SaaS Platform
✓ Full Intellectual Property rights
Price
Offers are invited for the trading goodwill and assets (All offers to be based on a cash free/ debt free basis)
The Next Steps
On completion of our non-disclosure agreement and supporting information, qualified parties will receive further information on this business. We recommend a meeting with the vendors at the earliest opportunity to avoid disappointment.