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Enterprise Software Company Equity Stake For Sale in Prince Albert, Canada

Prince Albert-based IT company delivering innovative software development solutions for service industries, seeking investment partners.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 247 thousand
Run Rate Sales USD 250 thousand
EBITDA Margin 0 - 10 %
Industries Enterprise Software + 1 more
Locations  Prince Albert
Local Time 7:25 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 50 thousand for 50.0% stake (Native Currency: CAD 70,500)
Reason: The owner currently resides outside the country and is seeking a Canadian partner who can manage the... View More
Includes physical assets worth USD 1.42 thousand
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Business Overview
- Located in Prince Albert, this business specializes in providing innovative IT solutions that empower other businesses to enhance their efficiency and drive growth.
- The company operates on two revenue models: one-off projects such as web and app development, and a recurring subscription-based revenue model for services like janitorial solutions, small business support, marketing services, and social media management.
- With a diverse clientele of 12 Canada-based clients primarily from service industries, the company tailors its offerings to meet the unique demands of these businesses.
- The majority of revenue comes from web and app development projects, managing 35-40 projects annually.
- In addition to its permanent team, the business utilizes outsourcing for project support, ensuring flexibility and expertise when needed.
- The enterprise is fully registered and operates with a valid license in Prince Albert, ensuring compliance without the need for industry-specific licenses.
Products & Services Overview
- The company’s primary revenue-driving vertical is web and app development projects.
- Primarily used by clients across various service industries, such as cleaning services, small business operators, and marketing agencies.
Assets Overview
The business doesn't require any physical assets of significant value, except for a few office electronic equipment.
Intangible assets include a unique IP-based business services web application.
Facilities Overview
Small office on a month-to-month lease, with rent of $215/month, located on Central Avenue, Prince Albert. Physical office is not essential for business operations, a virtual office setup would be sufficient.
Capitalization Overview
No debts / loans outstanding.
Only 1 share holder with 100% ownership.
Recent Activity
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1 Investor contacted this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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