Application Software Company Equity Stake For Sale in Bristol, UK

- Pre-revenue software platform tailored for independent UK-based traders.
- A reward stamp is transferred between participating partners, generating transaction-based income.
- A 10% commission will be charged on each stamp transferred between partner businesses.
- Financial projections estimate EBITDA exceeding £15 million within the first 24 months of this proposal. .
- This proposal is for a 10% equity holding our company, together with any associated companies, for an investment of £250k.
- We would propose to service this capital with a generous 20% annual interest on the investment balance, with your initial capital being repaid when cash flow allows, whilst retaining your equity interests.
- Then this would appear to be a generous proposal, following 4 years of development expenditure, which we have personally funded; we are now in a position to release the product, following full beta trial testing; however, we now urgently require some working capital for our go-to-market fund. This capital will be utilised to fund the recruitment of sales agents and to establish a partner's customer service call centre.
- As founder and CEO, the promoter would not intend to receive drawings from the company from this initial investment fund.
- We have business plans spreadsheets which will demonstrate to you in year 2, a multi-million pounds of pre-tax NP and we would be delighted to have an opportunity to illustrate these to you.
- Although this is a relatively new company, our products and services are all tried and tested, thereby removing the traditional innovative risk factors, which we would be delighted to talk through with you.
- Due to the restraints of personally financing this development, in due diligence, you will no doubt uncover a few loose ends. For example, we are currently registered at Companies House as a dormant company, due to the necessity to avoid accountancy fees; however, the company is presented as totally debt-free.
- We are looking to recruit a non-executive investor, however, if you feel you have skills to add to our management team, then clearly we would wish to take advantage of any opportunity.
- Although the company is currently in a pre-revenue stage, we have a small regional launch in Canterbury planned for November, which clearly you would be most welcome to attend; however, perhaps more relevant, this will demonstrate firm sales opportunity closing ratios.
- If one has the bandwidth and availability to complete this agreement within the next 30 days, assuming our complete cooperation, then we would be delighted to hear from you.
Thank you for your time in taking into consideration this proposal.