Highly Profitable Online Property Management Software Business!

Baldwin County, AL
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Asking Price:$2,350,000
Gross Revenue:$543,313
FF&E:$5,166
Cash Flow:$437,246
EBITDA:$437,246
Established Year:2010
BUSINESS DESCRIPTION

Online property management software business based out of the United States that functions as a utility service that connects independent online booking sites to the large virtual travel agencies (AirBnB, Vrbo, Google Travel, Escapia). Excellent opportunity to purchase this company as a seamless addition to an exisiting suite of software services, or as a stand alone business. Superb client relationships that have led to excellent length of tenure and great relationships with the large virtual travel agencies. Very little overhead and owners are willing to assist in the transition.


DETAILED INFORMATION
Location
Baldwin County, AL
Inventory
Not Included in asking price
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The owners work out of their homes and there is no real estate that is involved in the sale. The primary asset is the property management software developed by the owners. There is no AR exposure as their clients pay up front. The only fixed assets involved are the ~$5,200/year spent on their leased servers.
Growth & Expansion
Fantastic opportunity to expand into a number of other vacation property types such as mountain cabins in Colorado or Tennessee. Poised for growth with investment in sales and customer service teams. As an addition to an existing suite of software services, this business could add immediate material profitability as it maintains an EBITDA margin >80%!
Support & Training
Owners are willing to assist in the full transition of the business and open to consulting agreement discussions.
Reason for Selling
Owners believe they have taken the company as far as they can and wish to move o
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Austin Grisham
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Austin Grisham