Seeking 50% equity Funding for Small SaaS Acquisition
November 29, 2022
by a professional from Northern Arizona University in Tucson, AZ, USA
Seeking 50% equity Funding for Small SaaS Acquisition
Financials
Year Revenue Profit Notes
2020 $642K $110K SW redev
2021 $558K $217K SW redev
2022
Annualized
$600K $300K Redev ends
2023 Projection $900K $400K New hires
2024 Projection $1.2MM $550K Steady Growth
2025 Projection $2MM $900K Structure
2026 Projection $3MM $1.25MM Transition
2027 Projection $4.25MM $2.5MM Prep for Sale
Purchase Details
$1,500,000 purchase price
Due diligence complete.
Current annual operating expense without contract
developers is approximately $200K.
Contact
Daniel Sweet
Managing Partner
redacted
(###-###-####
Seeking 50% equity $750k
from Northern Arizona University in Tucson, AZ, USA
from Massachusetts Institute of Technology in Portland, OR, USA