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Employment Software And Support For Sale

Ontario, Canada
Asking Price:
$140,000 (CAD)
Sales Revenue:
$126,141 (CAD)
Cash Flow:
On request

This company is a Software as a Service (SaaS) company that offers a validated online tool available in English, French and Spanish, designed to assess and monitor employment readiness, particularly aiding organizations delivering employment services.
It operates with a small team of contractors and uses a licensing model to sell its tool to agencies and organizations involved in employment services.

The business' revenue streams are diverse. Its top five clients contribute approximately 37% of the total annual revenue. Usage-based revenue from client access codes accounts for a significant 60%, while the remaining 30% is generated from agency and sponsor licensing fees. Other revenue sources include setup and web hosting fees. Geographically, about 60% of the revenue originates from Canada, with the rest split between the USA and Australia.

Property Information

Location:

Home based business

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

This company offers growth for a new owner with a system or employment sector background, particularly given the need to update its back-end system. Opportunities include expanding further into the US and Australia, the UK and Southeast Asia via trade shows and by targeting colleges, charitable and governmental organizations. This growth can be fueled by leveraging the existing 3,000+ CRM contacts and implementing targeted marketing strategies, areas not fully pursued by the current, retiring owner.

Reasons for selling:

Owner's Retirement

Other Information

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