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Project and Service Management Software
Provides a SQL-based project and services management platform offering project management,...
Financials
Asking Price$700K - $800K
Revenue$574.6K
Earnings$305.7K
Financial History
Headline
This company provides a SQL-based project and services management platform. It offers project management, services management, field services, project financials, revenue management, dispatch and scheduling, offline mobile app and more.Clients
Their customers are businesses ranging from from 10 users to 600+ users.Revenue Type
The current products are all sold on a subscription model so there is a healthy recurring revenue in place. The transition to a true SaaS model will eliminate the limitations of on-premise deployments to dramatically grow the ARR.Reason for Selling
Three years ago the company began development of a new ground-up multi-tenant cloud version that is near completion with a modern UI and updated technologies. However, the owner is looking to retire while also running out of steam and money to finish the development while still running the business for the current customer base.Looking For
The owner is looking for someone who can grow the business. He is willing to help partner with that person for another year or so.Other
The system meets the common challenge for companies that have to use multiple applications that do not talk to each other to deliver services. It is typical that 5 or more applications including spreadsheets, scheduling tools, time tracking, communications and more are all involved, plus their accounting system. The system eliminates all that into one product plus ERP integration. Cash flow figures represent SDE with owner add-backs, including software development costs.Facts
Tags
SaaSServicesB2BSBA Loan FriendlySeriousIndustry
Cloud SoftwareHuman ResourcesITOther IT ServicesOther SoftwareProfessional ServicesSoftware