School Software Business for Sale

SaaS Software Business - Large Recurring Revenues

East Coast

Listing ID: 1242

Financial Information
Asking: Not Disclosed
Gross: 1,200,000
Cash Flow: $400,000

Summary Description-Software Business For Sale

The demand for reliable, customizable school software solutions continues to grow, and this school software business has a suite of software products that successfully serves the needs of schools around the country. This is an ideal acquisition for a company that markets school software and is seeking a way to provide existing educational clients with more software products. It also offers an opportunity to expand the customer base significantly.In addition to integrable software modules, this business also offers employee training courses and ongoing technical support and maintenance for the software products they license. Recurring revenues from existing clients account for a significant portion of the revenue. The business has the capability of customizing the software to meet the needs of each customer and provides ongoing hosting and support. The business is currently upgrading their software to a Software as a Service model (SaaS), which will significantly reduce the cost of providing support and making updates to the software.

General Information
Growth and Expansion: An enormous opportunity for additional growth lies in expanding the existing software product lines and marketing to a wider variety of educational accounts. Focused marketing and increased attendance at industry trade shows could greatly increase market penetration and growth. Expanding sales to more International schools could also grow revenues significantly.
Support/Training: The seller will offer the necessary support to ensure a successful transfer. During the transition, the current owner will help maintain current clients and target a 100% retention rate. The seller will sign a non-compete agreement.
Year Established: 1989

Contact Information
Contact: Marc Gudema
Phone: 617-562-5700

BayState Business Brokers, 60 Leo Birmingham Parkway Suite 1L Boston, MA 02135

T: 617-562-5700, F: 617-562-5701

info@mabusinessbrokers.com