SOLD

NZ/Aus SAAS investment with $770K ARR and EBIT $580K

NZ/Aus SAAS investment with $770K ARR and EBIT $580K
Software as a service subscription business hosted by AWS with $770K in recurring revenue annually. $1.2M of total revenue is evenly spread between Australia and NZ.
Partner with Xero, MYOB, Accredo and Crystal Payroll
Customers are typically SME manufacturing and engineering businesses who often use the extensive integration features of the software with their existing accounting and ERP systems.
4 Year Contract value of new clients $1.2M
Opportunities like this are rare; the chance to buy a growing EBIT of $580K p.a. while you plan the growth of this SAAS company that boasts an impressive portfolio of customer testimonials.
The price of the business is $2,500,000 to include all IP.
SOLD May 24
Computer/IT 
Listing ID DV10559

Price

SOLD May 24
Managing Director & Corporate Broker
Licensed under the REAA 2008

Divest Business Sales

B:HIVE
Smales Farm
Takapuna 0622
Auckland
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