This business is a market leader in developing MVPs for startups. It's a software development agency, but runs a productized delivery model, supported by proprietary technology. Startups can engage in a short sprint (1, 2, 3, or 4 weeks) and get a working MVP for a flat price. The primary 95% of revenue comes from these engagements, with 5% coming from hosting and maintenance.
The two sellers each spend about 20 hours per week on day-to-day business activities. One handles strategic leadership for sales and marketing, HR functions, and administrative tasks. The other acts as CTO, offering technical team leadership and technical oversight. He also oversees the platform infrastructure, ensures security standards are met, and evaluates new technologies. They spend additional time as other needs arise and at their discretion.
This business offers something unique: a service agency with a proven, productized model. A buyer gets more predictable revenue beyond the wild feast-and-famine cycles typical of most agencies. This opportunity is perfect for another agency owner looking for smoother sales cycles and to expand their offering, or someone with the skills of a technical co-founder. Alternatively, any entrepreneur ready to lead a team strategically would have sufficient margin to hire the necessary technical leadership.
The business has a strong, self-sufficient team in place (11 full-time employees), ready to be led. Non-director leadership positions have already been established, and there's a strong pipeline of junior developer talent. Most projects can be delivered end-to-end by a single developer, allowing for strong margins and straightforward capacity planning.
This business is ready to grow, but needs more experienced agency leadership to reach the next level. The sellers are first-time business owners without agency experience and have reached the limits of their skill sets. Selling the company will benefit the team and the overall stature of the business.
Key Benefits:
Strong Track Record: The business has worked with over 130 clients, a number that competitors can't match.
High Barrier to Entry: Positioning is easy, but actual delivery is hard. Many attempted copycats have come and gone.
Predictable Revenue: Unlike most agencies, the productized model helps remove the ups and downs of typical sales cycles.
Strong Pipeline: The pipeline is constantly replenishing, both from the funnel and from the wider market.
Proprietary Tech: Accelerated development and delivery offer a strong moat.
Ad#:2447155
