Lloyds Business Brokers invites potential purchasers to submit Expressions of Interest to acquire a business that has exclusive distribution rights in 33 countries to a premium suite of scheduling software, focused on the education Sector.
This business is uniquely positioned with few direct competitors that can match their compelling product offering and excellent reputation. The company benefits from a profitable, steady and predictable revenue from ongoing licensing of its software applications. As their customers come from the education sector and use Purchase Orders there are no outstanding debtors
This business also offers its customers bespoke systems integration, training and ongoing support.
Established in 1997, the owner has spent the past 25 years building a base of loyal customers within the education sector across Australia and SE Asia. Very few customers leave due to the reasonable pricing, the excellent customer service, regular improvements to the software and the difficulty of changing software platform.
After 25 years in the industry, the owner is approaching retirement age and is looking to work with a new owner to achieve a smooth handover period with minimal disruption to business operations.
This business demonstrates considerable growth potential and is a fantastic opportunity for a business in an adjacent education sector or software sector to expand their offering.
FY22 Revenue $1.225m EBITDA $550k