Condominium Software Business For Sale

Condominium Software Business For Sale

Condominium Software Business For Sale
Location: Toronto

Industry: Software & IT Service

This is an opportunity to acquire a business that has developed highly efficient software solutions servicing the property management and condominium markets. Due to its strong market demand, scalable business model, and lean operating structure, the company has grown significantly since inception, both in revenue and profitability.

With a strong footing in the market, this is an opportunity for a purchaser to take over its product, technology, client relationships, and commitment to providing high quality services and scale that model across other markets and to use it as an add-on to other products targeting the growing condominium market.

The software is mobile and desktop compatible, removing any barriers to access for property managers and property owners alike. The company’s strong client relationships not only contribute to its consistent revenue growth but is also a testimony to the high-quality services that it offers.

The company adopts an asset-light business model and is operated by a small team of professionals. The low overhead costs of the business results in its consistently high margins and strong cash flow. The owners are looking for a gradual exit of the business and willing to provide post-acquisition training and support. The ideal buyer will be an individual or a corporate entity with software product experience and ideally, an interest or already established presence in the residential condominium market.

Revenue: $586,000

EBITDA: $275,000

Employees: 4

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