Custom App Development Company

Listing ID: ABB24034

Quick Facts

Category:	Technology
Asking Price:	$2,500,000
Cash Flow:	$1,050,000
Revenues:	$2,500,000
FF&E:	N/A
Inventory:	N/A
Real Estate:	N/A
Employees:	10 Contractors
Home Based?:	Yes

Business Description:

Established in 2020, this growing app development company has become a trusted
partner for both startups and corporations. With a fully remote team of skilled
contract workers, the company operates without the burden of office space,
significantly reducing overhead and offering easy relocation. The owner has
implemented efficient processes to ensure minimal owner involvement and
increased flexibility. The number of clients has increased steadily since
beginning. After 8 months 2024 Sales tracking for 2.5 Million with 1.0 million
in Seller Discretionary Earnings. 2023 Sales 1.8 Million with $628,000 in
seller discretionary earnings.

Real estate transactions brokered by Alpine Business Brokers, LLC.

Location:

Utah

Training:

Seller will provide training during a reasonable transition period.

Inquire about this listing:

Frequently Asked Questions

Why isn't there more information?

We provide general information about our business listings to give prospective buyers an overview while intentionally withholding certain details to protect the confidentiality of the business and its owner. This approach safeguards sensitive information from competitors, employees, and other parties who might misuse it.

If you're interested in learning more about certain listings, we will send you a Non-Disclosure Agreement (NDA). Once the NDA is in place, we can share more detailed information, including the business name, financial records, and other essential details necessary for evaluating the opportunity.

How much do you charge?

We represent the seller and receive our commission directly from them. As a buyer, you won’t incur any fees from Alpine. However, the escrow attorney will charge a fee for preparing and executing the closing documents, typically $575.

Do you assist with financing? How large of a business can I buy?

Alpine provides complimentary SBA (Small Business Administration) loan assistance for all our listings. SBA loans typically require a minimum down payment of 10-15% of the project cost (purchase price plus bank fees). For example, with $100,000 in cash, you could potentially purchase a business valued just under $1 million. Keep in mind, loan approval depends on several factors, including industry experience, proper debt servicing ratios, and other qualifications, but these are general guidelines.