Search
×
×
Additional Filters
Added
Anytime
  • Anytime
  • Last 14-days
  • Last month
  • Last 3 months
  • Last 6 months
Price
No min
  • No min
  • 5,000
  • 10,000
  • 15,000
  • 20,000
  • 25,000
  • 30,000
  • 35,000
  • 40,000
  • 45,000
  • 50,000
  • 55,000
  • 60,000
  • 65,000
  • 70,000
  • 75,000
  • 80,000
  • 85,000
  • 90,000
  • 95,000
  • 100,000
  • 125,000
  • 150,000
  • 200,000
  • 250,000
  • 300,000
  • 350,000
  • 400,000
  • 450,000
  • 500,000
  • 550,000
  • 600,000
  • 650,000
  • 700,000
  • 750,000
  • 800,000
  • 900,000
  • 1,000,000
  • 1,500,000
  • 2,000,000
  • 3,000,000
No max
  • No max
  • 5,000
  • 10,000
  • 15,000
  • 20,000
  • 25,000
  • 30,000
  • 35,000
  • 40,000
  • 45,000
  • 50,000
  • 55,000
  • 60,000
  • 65,000
  • 70,000
  • 75,000
  • 80,000
  • 85,000
  • 90,000
  • 95,000
  • 100,000
  • 125,000
  • 150,000
  • 200,000
  • 250,000
  • 300,000
  • 350,000
  • 400,000
  • 450,000
  • 500,000
  • 550,000
  • 600,000
  • 650,000
  • 700,000
  • 750,000
  • 800,000
  • 900,000
  • 1,000,000
  • 1,500,000
  • 2,000,000
  • 3,000,000
Additional Filters
Back to listings Save

Top Bristol eLearning App & LMS Development Agency for Sale

City of Bristol, Bristol

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    22/12/22

  • Advert ID

    505549

  • Reference

    B07130 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Learning management system and eLearning app development agency

Business
Please quote reference B07130

The company is a learning management system and eLearning app development agency that builds, hosts and maintains custom-built learning management systems (LMS) and other learning technologies for businesses.

Established in 2014, the company is a learning management system and eLearning app development agency that builds, hosts and maintains custom-built learning management systems (LMS) and other learning technologies for businesses. The company began its life as a web design and development agency, however in 2020, it evolved from web design generalists into LMS specialists, and has since gained a number of prestigious B2B and B2C clients.

The company’s core services comprise of LMS design and development, hosting, systems maintenance and consultancy. At present, the majority of its development projects utilise WordPress and LearnDash as the foundational open-source technology; the team then builds upon these technologies by adding unique features, integrations and user interfaces. With ongoing maintenance and development contracts and frequent new development assignments for these WordPress-based systems, they continue to be the principal revenue driver for the company.

However, with increasing enterprise demand, the company has been focusing to a greater extent on Node.js-based products, which are highly scalable and reliable. It is moving towards exclusively serving enterprises, as these projects generate significantly more revenue than WordPress-based systems. The processes related to these new Node.js-based products are not currently very optimised or efficient. For this reason, the company is beginning to build its own one-size-fits-all product that meets most enterprise needs; the product, however, will remain adaptive and customizable in nature. If successful, this product would improve the scalability of the company, allowing it to generate significantly more revenue without needing to recruit a larger team.

The company has a number of important gains to offer the prospective purchaser, including:

  • An impressive financial profile, with a turnover of £1.3 million in 2023. 
  • Effective lead generation channels;
  • A number of bankable USPs;
  • Leading provider in the UK;
  • Excellent scalability;
  • A portfolio of 200+ established learning technology products;
  • Effective processes for leading such products;
  • Ongoing maintenance and development contracts;
  • Prestigious client base;
  • A highly-experienced, young and dynamic team of developers;
  • A proven history of innovation;
  • Low overheads – home-based business opportunity;
  • Excellent growth opportunities.
Highlights -

  • The UK’s leading provider of specialist learning management systems;
  • Customisable and scalable learning management systems, unlike SaaS competitors;
  • Planned enterprise product in the pipeline;
  • Lucrative contracts with a number of prestigious blue-chip clients;
  • A young, dynamic and talented team of developers and project managers;
  • Huge scope for growth.
Opportunities -

  • Opportunity to make important sales and marketing improvements;
  • Upcoming release of the company’s new enterprise product;
  • New learning app development service;
  • New custom reporting tools development service;
  • Opportunity to introduce a customer success programme;
  • A growing LMS market.
The shareholder wishes to allow the business to reach its full potential under new ownership, and aims to build a new, smaller-scale business with lower stakes. He has advised that a handover period is negotiable.



Location
N/A



Premises
N/A



Tenure
Online Business Only basis



Hours
Due to the nature of the business, it operates all year round. 



Staff
Experienced team of staff in place. 



Financial Profile
  • As per 2022 accounts, turnover - IRO £1.1m, adjusted EBITDA - IRO £485k
  • 100% share capital
  • Interested parties will be required to sign an NDA


Read more

Contact Agent

Contact the seller for more details, or book a viewing

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

0 of 0

Contact seller

Loading...

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

0 of 0

Related Tags:

Recently viewed businesses

Disclaimer

The data showed regarding this advert 'Learning management system and eLearning app development agency - B07130 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.