Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

$1.3M EBITDA | Ai-powered Technology Agency | Remote For Sale

Canada
Asking Price:
Over $5M (CAD)
Sales Revenue:
$2,300,000 (CAD)
Cash Flow:
$1,300,000 (CAD)

Project Wireframe is a well-established AI-Powered Technology Agency specializing in complex, data-driven web, mobile, and enterprise applications for mid-market and enterprise clients across North America. With 18 years of operating history, the Company has built a reputation for exceptional client service, on-time delivery, and the ability to handle technically demanding projects that commoditized agencies cannot support.

The business operates a hybrid delivery model with a customer-facing team in North America and a dedicated 21-person development team overseas on a fixed-price-per-project basis, eliminating idle capacity risk and delivering margins uncommon in the services sector. The Founder has scaled back to ~10 hours per week, with day-to-day operations fully managed by an experienced General Manager who oversees all sales, client relationships, and project delivery. equity into the transaction, ensuring leadership continuity and a seamless transition for clients and staff.

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

- Exceptional Margins: 45% adjusted EBITDA margin with further efficiency anticipated with AI.

- Blue-Chip Client Roster: Long-standing relationships with Fortune 500 and Government clients.

- Scalable Delivery Model: Dedicated overseas development partner maintains a continuous recruitment pipeline, enabling rapid team scaling as new projects are signed, with no lead time and no bench costs.

- Minimal Owner Dependency: Founder operates at ~10 hrs/week in a strategic oversight capacity. An experienced GM runs all sales and operations independently and will continue post-close.

- AI Tailwind: Growing SME demand for custom AI-enabled applications is expanding the addressable market while AI development tools simultaneously reduce delivery costs, a dual revenue and margin tailwind.

- Untapped Growth Levers: Recurring managed services revenue (~15%) is currently only offered to existing clients post-project. Opportunity to expand IT Managed Services revenue.

Reasons for selling:

After 18 years of ownership, the Founder is pursuing personal interests and travel. The business operates independently and no longer requires day-to-day founder involvement. The Founder is committed to supporting a smooth transition and is open to a reasonable transition period post-close.

Other Information

Related Documents:
Home based:
This business can be run from home
Relocatable:
This business can be relocated