Software Development Company in New Jersey

Featured on BusinessForSale.com . 3 viewed

Asking Price

$3,100,000

FOR SALE - ACTIVE

Detailed Information

Location

New Jersey, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

Established over 8 years ago, this company specializes in software development, cloud architecture, and security consulting services. With revenue exceeding $2 million in 2022, their diverse client base includes organizations in the NPO education sector, retail, and advertising/technology industries. Primarily acquiring new business through client referrals and expanding existing accounts, the company excels in AWS infrastructure, software development, and cost-efficient offshore resources, with a focus on serving small to medium enterprises lacking extensive IT support. Their core offerings, such as managed services and software development, cater to clientele seeking expertise in AWS, PCA, and HIPAA compliance, particularly those with limited internal IT resources. Operating with a remote team and a headquarters in New Jersey, key staff members oversee operations, cloud services, and software development. The company owners, preparing for retirement, seek a buyer to capitalize on growth opportunities in managed AWS services and replicate successful client-driven models. They are committed to facilitating a smooth transition and supporting the buyer post-ac

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