20 yr old CA based Software Development company

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This listing is: Off Market

Background

BizEx ID:BizEx1497-SL
General Location:Los Angeles, CA
Category: Software & Technology
IT Services
Years in Business:22
Under Present Owner:all
Hours of Operation:normal
Owner Hours:25 hours per week
Training:None
Organization Type:S-Corp
Lease Expiration:owned
Lease Options:to be discussed
Building Size:1,034 square feet
Employees:13
Reason for Sale:Retirement

Financials

Asking Price:$3,300,000
Down Payment:Negotiable
Gross Sales:$3,009,400
Discretionary Cash Flow:$1,166,487
FF&E:
Inventory Included?
Inventory:n/a
Min. Operating Capital:
Real Estate Available?No
Rent:

2025 2024 2023
Gross Sales $ 3,009,400 $ 2,227,823 $ 1,788,703
Gross Profit $ 2,516,282 $ 2,022,962 $ 1,606,875
Disc. Earnings $ 1,085,869 $ 708,494 $ 670,209

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations