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Award-Winning, Relocatable SaaS Business with £306k Annual Recurring Revenue for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    23/10/23

  • Advert ID

    601537

  • Reference

    2677ES-R / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: Price on Application
  • Turnover: £396,000 (£7,615 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited
  • Company for Sale
  • Established Business
  • Nil Premium
  • Accounts Available
  • Unique Business

Business Details

HR Software as a Service (SaaS) Business. Recurring revenue and full IP rights. Relocatable.

The company provide a multi-product Human Resources technology solution ideally designed for organizations with a minimum of c. 500 employees, both in the private and public sectors.  With a modular suite of products specifically aimed at talent management and growth.

Operating in a huge, and growing, global market the business has FY23 Annual Recurring Revenue of £306k from multiple contracts and very low churn of c.≤5%.

The sale will include ownership of all IP rights, supported by extensive technical documentation and low support requirements. ISO 27001 security accreditations, ensuring information security and data protection.

A well-established track record of 100% service availability and uptime, with low support requirements.

The company provides an outstanding target customer base, with low customer acquisition costs to create a compelling proposition.  It uses a remote working model and is available for full relocation.  

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Particulars / More Information

Contact the seller for more details, or book a viewing

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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.

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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.

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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.

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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.'.

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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.

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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.

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The data showed regarding this advert 'HR Software as a Service (SaaS) Business. Recurring revenue and full IP rights. Relocatable. - 2677ES-R / 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.