Established profitable essentially hands-off software business in New York City with new React version ready to launch and potential to expand to new markets.
An established company in the architecture and construction software market is seeking investment to expand its operations. For over two decades, this profitable business has provided essential tools to architects and construction professionals, helping them streamline operations with reliable software. With subscription packages priced between $299 and $5400, the business has maintained a stable revenue stream and healthy profit margins, supported by a loyal customer base primarily in New York City. Currently, about 90 users generate approximately $20,000 annually, with a revenue peak during promotion months in July and November.
The company is on the verge of a significant upgrade by transitioning its desktop application to a fully web-based system utilizing modern technologies like React and Firebase. This change aims to future-proof the software and broaden its appeal across various markets and business types. Minimal effort is required for ongoing support, allowing potential investors to focus on expansion opportunities.
The owner, having shifted career focus to software development in the shipping industry in Norway, can no longer devote the necessary time to expand the company, despite its potential. The sale includes valuable assets such as domain names and the existing software codebase. The current owner is willing to provide training and up to six months of transitional support to ensure a smooth handover. This opportunity is ideal for someone interested in acquiring a profitable, scalable business with established clientele and robust technological foundations.
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