Back to Listings Innovative Payroll Services Provider - Cloud Solutions

Asking Price : $895,000

Annual Gross Revenue : $588,351

Annual Net Profit : $354,975

Profit Multiple : x2.52

Inventory Value: -

R-Index : 144

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From the Broker

This unique business offers an industry-leading cloud-access style Payroll Services Solution that is highly polished, user-friendly and browser based, enabling it to capture traffic anywhere in the world with zero physical overhead and no need for working capital overall.

The seller of this business is offering to hold financing with a substantial down payment at time of purchase, and is willing to negotiate an earn out in parallel with financing or without.

Utilizing a proprietary web-based platform, this cloud solution offers a very elastic payroll solution on a subscription basis that scales to suit the individual, the Fortune 500 business, and everything in between – all while ensuring recurring and reliable revenue streams with minimal labor and opex invested. Complete with automated tax-calculation APIs and instant delivery of the end product, this is a one-stop solution for literally any customer, and can be marketed with ease to any demographic, individual or business owner alike, all around the world.

Having realized profitable growth since inception on an entirely organic dot com platform, this highly modernized service provider is situated very nicely in a position to rapidly expand and capture an even larger slice of the market in the years to come in the hands of a new owner, motivated and ready to take this top-shelf and turn-key operation to the next level in every way. Growth opportunities abound in the digital space thanks to the growth of the domestic US workforce in recent years and the continued growth in developing nations around the world continuing to serve up new market share, ripe for the taking, year after year.

Business Listed by:

WebsiteClosers.com

Technology & Internet Business Brokers

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Sale Pending: Yes

First Seen: Thu, Jun 22nd 2017

Last Updated: Wed, Jul 19th 2017


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