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Enterprise Software Company for Sale in Sydney, Australia

23-year-old SaaS social networking framework with 500,000 website installations and active B2B marketplace.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 600 thousand
Run Rate Sales USD 700 thousand
EBITDA Margin 33 %
Industries Enterprise Software
Locations  Sydney
Local Time 12:28 AM Australia / Sydney
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 4.6 million (Native Currency: AUD 7,000,000)
Reason: The owner wants to sell the business to move it to the next level.
Includes physical assets worth USD 100 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

Number of Clients: Company has successfully served a diverse range of clients, including businesses, organizations, and individuals across various industries around the world. This is a testament to the value and effectiveness of our products and services.

Promoter Experience: Business benefits from the extensive experience and expertise of its director. Director has a strong background in web software development and consultancy, bringing a wealth of knowledge and industry insights to the company.

Business Relationships: Developed strategic partnerships and collaborations with other companies and organizations to enhance its product offerings and expand its market reach. These partnerships enable us to leverage synergies, access new customer segments, and provide a more comprehensive solution to its clients.

Community Engagement: Fostered a vibrant and engaged virtual community of developers, contributors, and users who actively participate in the evolution and improvement of the platform. This collaborative environment contributes to the constant innovation and enhancement of products and services.

Customer Satisfaction: Company prides itself on its commitment to customer satisfaction. The company has received positive feedback and testimonials from its clients, highlighting the value, usability, and effectiveness of its solutions.

Revenue: Generated from subscription fee, hosting charges, and partnerships.

Our ERP product has over 500K downloads.

Business has 10 permanent employees and also works with freelancers.

Products & Services Overview

The core product is an open-source, modular community management system that serves as the foundation for building social networks and online communities.

Core Apps: Provides a variety of pre-built applications (Core Apps) that can be integrated into the platform. These include features such as user profiles, activity streams, messaging, groups, events, multimedia sharing, and more.

Pro Apps: Offers a selection of free applications that users can install and customize to enhance their social networks. These apps cover a wide range of functionalities, including blogs, forums, polls, quizzes, and more.

Offers a collection of premium applications (Pro Apps) that provide advanced features and functionalities for users who require additional customization and capabilities. These apps include e-commerce, learning management systems, advanced analytics, and more.

Extended Support: Offers extended support services for customers who require additional assistance with their social networks. This includes priority support, troubleshooting, and guidance for customization and configuration.

Custom Modifications: Provides services for customizing the platform and its applications to meet the specific needs of individual customers. This includes tailored development, UI/UX design, and integration with external systems.

Configuration Assistance: Offers configuration assistance to help customers optimize their social networks and leverage the full capabilities of the platform. This includes guidance on settings, permissions, and overall platform configuration.

Hosting Services: Offers hosting services for customers who prefer a hassle-free hosting solution. The hosting services provide reliable infrastructure, server maintenance, backups, and security measures to ensure the smooth operation of social networks.

Service Boosts: Offers service boost packages that provide additional hours of service and support each month. These boosts allow customers to access expert assistance for various tasks, including customization, troubleshooting, and consultation.

Assets Overview

Tangible Assets:

Computer Equipment: This includes desktop computers, laptops, and other hardware required for development purposes.

Office Furniture and Fixtures: Desks, chairs, conference tables, cabinets, and other furniture items that provide a comfortable and productive work environment for employees.

Office Supplies: Various items such as stationery, printers, scanners, and other supplies necessary for day-to-day operations.

Intangible Assets:

Intellectual Property: Company holds intellectual property rights, including copyrights and trademarks, for its software platform, brand name, logo, and other creative assets associated with the business.

Software and Source Code: The proprietary software developed, including the platform and its associated applications, along with the source code that forms the foundation of the platform.

Brand Reputation: Company has built a strong brand reputation over time, known for its quality products, customer service, and innovative approach to community management systems.

Customer Relationships: The relationships and goodwill established with existing customers, including their trust and loyalty to products and services.

Documentation and Manuals: The company's internal documentation, user manuals, technical guides, and other resources that guide on using and customizing the platform.

Open-Source Community: Benefits from the intangible asset of an active and engaged open-source community. The community contributes to the development, testing, and improvement of the platform, providing valuable feedback and support.

Facilities Overview

As an online business with remote workers. We operate in a virtual workspace that enables seamless collaboration and efficient communication among team members. While we do not have a physical facility, our remote work setup offers several advantages:

Virtual Work Environment:

Our team operates through a cloud-based infrastructure that allows employees to work from anywhere with an internet connection. This setup provides flexibility and convenience, enabling team members to work in their preferred environments while maintaining a healthy work-life balance.

Collaboration Tools:

To facilitate collaboration, we utilize a variety of online tools and platforms. These include project management software, communication tools (such as video conferencing and instant messaging), document sharing platforms, and version control systems. These tools enable efficient communication, real-time collaboration, and seamless workflow management among our remote team.

Secure Data Management:

We prioritize data security and confidentiality. We employ industry-standard security protocols and encryption measures to protect sensitive information. Additionally, we utilize secure cloud storage and backup solutions to ensure the safety and accessibility of our data.

Capitalization Overview

The funding strategy involves a combination of self-funding through the personal investments of the two 50/50 shareholders, retained earnings and the utilization of debt financing for certain purposes. This strategy has aimed to fund the director's lifestyle in a tax-effective manner.

Self-Funding:

Initially relied on the personal investments of the directors to bootstrap the business. By using personal funds, the shareholders were able to retain full ownership and control over the company's operations. This approach provided the flexibility to allocate resources and make strategic decisions according to their vision and objectives. More recently company operating cash flows have been used to fund operations.

Debt Financing:

In addition to self-funding, we have utilized debt financing to support the director's lifestyle and optimize tax planning. The funds obtained through debt have been allocated for specific purposes, including the reduction of taxable income and lifestyle expenses in a tax-effective manner. This strategy allows the company to take advantage of the tax benefits associated with interest deductions while managing personal finances.

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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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