Profitable Absentee-Owned SaaS Business

This well-established SaaS company, operating for 22 years, specializes in providing software solutions tailored for retail, logistics, and telecom sectors. As a key player supporting a $100B+ US retailer, it offers a suite of products that enhance business workflows and automation. With a robust support team based in India, the company operates efficiently, allowing the owner to oversee operations with minimal involvement. Approximately 70% of its revenue comes from major retail clients with over 1,000 locations in the US. The platform is crucial in generating $1B in additional revenue for these retailers annually, and expansion plans leveraging AI are projected to add up to $4M in revenue. The business has a strong cash flow, returning over 50% of revenues, and boasts a loyal customer base with over 70% recurring SaaS revenue. The seller is open to various sale structures, including a recapitalization, and is willing to remain involved post-sale to drive further growth. Recent product launches are expected to boost annual revenues by an additional $500,000.