Business For Sale BS146013, Brisbane, Queensland 4000
Business Category Computer IT Finance
Price on Application
Financial Management Software Business – National Opportunity
Business ID: BS146013
Over $550k annualized profits growing rapidly (FY 21) in the SaaS Industry – Business (subscription model) For Sale
Long established, the business has become a market leader in the Australian small and medium-size consumer and commercial finance market. It has expanded its services into four different international markets. It offers a full LMS solution to streamline the consumer’s onboarding process, generating the contracts and other necessary documentation for loans and rentals. The system generates the repayment calculations and manages their collection. A fantastic return, exponential growth potential with very few cost of sales expenses currently generating a gross profit of approx. 94% of revenue.
-The current owners have built the software over time
-Built by listening to the needs of their clients
-Workflows, contracts and calculations are continuously kept compliant
-Despite a huge income generator, the business is currently significantly undercharging its customers
-A subscription model not based on the number of concurrent users
-Administrative and support backends are well developed and integrated
-Secure dual-layer access rights
-Over $200,000,000 of ongoing credit is currently managed by the solution
-An incredible reporting module, capable of producing most data that clients want
-An entire workflow with a very strong API capable of pushing and pulling data from a multitude number of sources
-Manages direct debits on behalf of its clients
-Untapped markets such as rentals, Buy Now, Pay Later
-The software has begun its international expansion in US, South Africa, PNG and New Zealand
-All IT infrastructure is owned by the company with the hosting being managed by a data centre in Australia
-Sales process, onboarding process, updates and fault finding processes are all in place
-Program of future developments all laid out
-Key industry information is currently provided by different communication methods within the system
-A great deal of customization is available to its clientele
-Fully scalable system
One month training as part of the sale and another two months could be provided at an agreed hourly rate. Further consultancy at an agreed rate possibly available for up to a further nine months.
This business would be ideal for existing IT investors capable of handling the coding requirements. It could also be suitable for an IT owner-operator specialist who’d like to benefit from a continuous subscription business model.
Asking Price: Price on Application
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This business is somewhat unique and has no similar competition in this region, category or price bracket.