Document Automation Company

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Financials
Asking Price
$2M
Revenue
$939.9K
Earnings
$7.1K
Financial History
Headline
Document Automation Company is a SaaS company that specializes in document automation. Their core competence is in digital forms, document automation, data processing and production workflow automation solutions. They built a highly scalable no/low code data processing and workflow platform for SaaS solutions.
Clients
The primary markets they serve are insurance and the subcontractor market (e.g. electrical, plumbing, HVAC, fire protection and underground storage tank inspection companies). They have 70 current customers and have had over 500 customers over the three decades they have been in business.
Revenue Type
~80% of their revenue is recurring and they're seeing ~10% YOY growth.
Reason for Selling
The owner is approaching retirement and wants to sell within the next year. The owner is willing to stay on for a transition period and available for additional time on a part-time basis if needed.
Looking For
The owner is flexible but values the company at ~$2M.
Other
Earnings numbers reflect net operating income plus owner pay and add backs. They use C#, Java, and Perl for their backend. For installers and administrators they have a dedicated frontend GUI/.NET and have various hosting options.
Facts
Employees5
LocationLos Angeles Metro, California Website
Tags
SaaS
B2B
Exploring
Industry
Accounting & Auditing
Cloud Software
Other Professional Services
Professional Services
Software