SOLD - Financial Software Business For Sale - Business for Sale
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SaaS Lending Management Platform Serving Multiple Countries
TX, US
Added 1 day ago
Financial SaaS platform
Under ContractRemote
This business provides a SaaS lending management platform serving lenders and rental businesses, with operations in Australia, the US, New Zealand, and South Africa, and is based in Texas, US.
Key Information
Asking
$3.0M
Revenue
$3.0M
Earnings
$1.5M
Multiple
2.0x
Key Highlights
- Return to owners has averaged A$700,000+ over the last few years
- FY24 will see over A$800,000 as return to owners, including wages
- Business was established in 2004
- Currently serves approximately 100 clients and manages over 200,000 loans
- Operates in Australia, US (complies with regulations in 20 states, serving 1 client), New Zealand (1 client), South Africa (1 client), and plans to expand to the UK (targeting 1 client)
- Software is developed in Classic ASP; potential for migration to .Net
- Business is remote/relocatable
- Owner 1 is prepared to stay 18-24 months in an advisory capacity; Owner 2 is prepared to stay 12 months as a paid consultant
Contact Info
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