17-Year SaaS Company Offering Comprehensive Asset Management Solutions for Building and Plant Owners
This 17-year-old online SaaS business offers complete asset management software for the commercial business sector via web and mobile applications. They offer services in computerized maintenance management, janitorial software, landscaping software, and quality management. The company operates in 18 different industries with $950 average annual order value, having no sales and advertising spent, and with almost a 100% customer retention rate, this business is a stable service and software provider.
OPERATIONS
This SaaS business provides top-of-the-line software for commercial businesses to manage all their assets in one comprehensive unit, a platform that has unmatched analysis capabilities. It helps to track task progress and function across thousands of buildings across North America, including government, defense, judicial, and banking facilities.
This business operates solely online, utilizing cloud technology to offer web and mobile applications without any need for physical warehouses or distribution centers, saving resources while still delivering world-class software and service to customers.
MARKETING AND KEY METRICS
This SaaS business has grown entirely organically by utilizing a contact database of over 300 clients. Marketing initiatives have never been implemented, and thus digital marketing, advertising through LinkedIn, Twitter, and Facebook, and SaaS features can offer scaling opportunities.
This online business has considerable potential for growth with a new owner who can apply effective digital marketing and advertising initiatives. By investing in search engine optimization, pay per click advertising, and additional SaaS features, this business can be significantly expanded. An almost 100% customer retention rate also offers great potential for increasing the bottom line through a focused customer acquisition model.
This business has an average contract length of five years, which reflects its high-quality software services. This business offers customers maximum value for their money, generating stable cash flow for the owners beginning on day one after acquisition.
This business has a vast and diverse customer base, spanning across 18 different industries, including government, defense, judicial, and banking institutions, Federal, State and Local Governments, Military Bases, Schools, Hospitals, Hotels, Libraries, Airports, prisions and banks among many others.
BUSINESS MODEL & RESOURCES NEEDED
This business has a small team of skilled and experienced employees, consisting of an implementation manager and an IT developer. Thus, the owner can have a relatively hands-off approach or seek to add new employees with enhanced marketing efforts.
THE INDUSTRY
The asset management industry is a growing and stable market with contracts across government, defense, judicial, and banking, among others. This is a 17-year-old online SaaS business offers complete asset management software for commercial businesses, making it a hugely profitable industry. Examples of sub-sectors include IT asset management, financial asset management, and enterprise asset management.
OPPORTUNITIES TO SCALE
This online business has plenty of scale-up opportunities, given its stable market, client retention rate, and a proven business model. Growth opportunities can be explored through sales and marketing initiatives, creating new software applications, engaging international customers, and expanding their market share in existing markets.
Asking Price: $1,100,000
Gross Income: $482,510
Cash Flow: $246,965
Year Established: 2004
Employees: 2
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