Sold! Software Development Business With Ips - Melbourne

Business ID: BS155312

Growing Business with FY2023 Adjusted Profit to Working Owner of $265,000

With a trading history of close to 10 years, this Australia-based software business specialises in the design, development and support of customised software solutions. The business has a highly skilled team with the expertise to create Mobile Apps, E-commerce websites, API development and integration with other backend systems.

Highlights:

- Growing business with FY2023 revenue of $947,000 and adjusted profit to working owner of $265,000

- Revenue mix including ongoing support/monitoring of client’s environment and projects from regular clients

- Current team is across Australia/NZ and includes an Account Manager, Solutions Architect, UX/UI Designer and Full Stack Developers

- The team has experience with major cloud platforms including Google Cloud, AWS, Microsoft Azure, VULTR etc. and software solutions from Salesforce, Atlassian, Shopify etc.

- Clients include non-profit organisations, retailers, professional services and SaaS platform businesses

- Assets include 13 domains related to the business and intellectual properties (Apps and tools) that offer further revenue/market opportunities.

The current owner is responsible for the day-to-day management of the business, and project management and also undertakes some software development. He has decided to offer this business for sale as he wants to focus on his technical expertise.

The business will be suitable for an owner/manager familiar with the application of technology and software within a business environment OR as a “Bolt-on” to an existing software, design, strategy or marketing business seeking to expand their team or service offering by acquiring an established, trusted brand, quality client base and a development team with proven expertise

Asking Price: $350,000

Property Code: 3585