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Enterprise Software Company for Sale in Gainesville, United States

SaaS that automates the monitoring food safety and quality across the supply chain.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 403 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin Operating at loss
Industries Enterprise Software
Locations  Gainesville
Local Time 6:24 PM America / Nipigon
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 4.5 million (Native Currency: USD 4,500,000)
Reason: Promoter is unable to manage the business due to time and capital constraints.
Includes physical assets worth USD 450 thousand
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Business Overview

- SaaS (Software as a Service) product that automates and monitors food safety and quality across the supply chain.

- Our software solution automates the comparison of food test results to specifications in real time at the production level, identifying test results trending negatively.

- As data accumulates in the customer's profile, predictive analytics will identify when a food safety event will occur 7 to 14 days in advance.

- Our solutions effectively save each restaurant chain 1% of the food cost.

- Currently offer our services to 4 large restaurant chains that represent a total of over 3,000 restaurants and 600 suppliers.

- We typically sign 3 to 5 year SaaS contract and our solution is sticky to our customers maximizing customer retention.

- With our current strategy, we are expected to reach break even by the end of next qtr.

- Have participated in the National Restaurant Association QA Study Group Conference over the last 5 years and our brand is well recognized by the top restaurant chains across the US.

- We also have a database of of over 1,000 contacts and a sales funnel of over over 300.

Products & Services Overview

SaaS product to that automates food safety monitoring and quality control across the restaurant supply chain.

Assets Overview

Proprietary software specifically engineered to automate monitoring of food safety and quality across the global supply chain.

Facilities Overview

All employees work remotely and we do not have or require an office space.

Capitalization Overview
Not Disclosed
Recent Activity
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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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