SaaS Technology for photo design industry
Background
| BizEx ID: | BizEx1397-AK |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Software & Technology Business Services (B2B) |
| Years in Business: | 15 |
| Under Present Owner: | 15 |
| Hours of Operation: | 7:30am-3:30pm PT |
| Owner Hours: | as needed |
| Training: | 4 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | April 2023 |
| Lease Options: | |
| Building Size: | 2800 sf |
| Employees: | 9 |
| Reason for Sale: | Other Business Interests |
Financials
| Asking Price: | Accepting Offers |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $2,009,115 |
| Discretionary Cash Flow: | $1,003,908 |
| FF&E: | $20,000 |
| Inventory Included? | No |
| Inventory: | $0 |
| Min. Operating Capital: | $90,000 |
| Real Estate Available? | No |
| Rent: | $4,697 |
| Payroll: | $40,000 |
Description
State of the art software company.
Utilizing patented and trademarked Software as a Service to grow revenue and profit.
Simple, easy to use, one click software.
Company is ready to be scaled into consumer social media field.
Design of photo books and digital presentations made easy and quick.
Twenty years of award winning growth.
New products to be launched in 2023 and 2024.
Automated workflow software transferable to customers.
Company serves business clients in more than ninety countries.
This business will be sold. Act NOW!
Interested parties please go to www.bizex.net and register as a buyer or contact Arthur Kessler at akessler@bizex.net or 310 650-7900.
Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.
