Subscription-Based Auction Software Dev Fully Integrated/Pmt Gateways

TX

Subscription-Based Auction Software Dev Fully Integrated/Pmt Gateways
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $682,000

EBITDA: $196,000

FF&E: N/A

Inventory: N/A

Established: N/A

Subscription-Based Auction Software Dev Fully Integrated/Pmt Gateways

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Business Description

The Texas-based company offers a white label, subscription-based digital platform that allows users to organize, manage, and conduct live auctions, either as a centralized medium for business, or, as a fundraising effort for all industries.

Key aspects
· Fully integrates with several popular payment gateways, including
PayPal, Authorize.net, and Braintree
· The company has earned several reputable awards for its products
and services, and offers small, medium and large solutions for its
customers
· Focused team of developers specialized in marketplaces
· Strategic understanding of client needs, deadlines and budgets
· Compliant with industry's most stringent standards, Six-Sigma and
ISO:9001
· Most cost-effective option in e-commerce market with trademarked
intellectual property 100% owned
· 45% of total revenue in 2018 was earned via a recurring license fee
· Processes $180 million in transactions per year

Detailed Information

Facilities:
Headquartered · Texas Real estate · The company operates from a 1,400 square-foot facility in Dallas, Texas, and conducts research and development out of a 3,500 square-foot facility in India. Both locations are leased from unrelated third parties.
Competition:
Current markets · The company's software has worldwide subscribers and supports all businesses, including several Fortune 500 companies. Shareholder/owner objectives · The company´s founder has complete control of operations through his ownership position. He is open to various deal structures. The owner would like to stay on board to continue working as the CEO to see the company grow to its full potential.
Growth & Expansion:
Opportunities · Opportunity to own a company with continuous revenue growth (3- Year CAGR of 14.4%) · Ability to increase sales channels through a revamped branding, messaging and message delivery when pitching platform to large companies · Continue growing the high margin SaaS business and focus efforts on mid-market businesses · Improve the company´s popularity in today´s market
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(from currently available funds)
 
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Luis Vinals

Business Listed By:
Luis Vinals

Benchmark International

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