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Details

Primary Business Category: Software Publishers

This Northern California based Property Management Software Company is a S Corporation and has been in operation for 27 years under the current Founder and Owner. The company has developed a unique, educational software that is ideal for Property Managers that helps tenants manage their physical office moves with a high degree of efficiency. Clients can be manufacturing, office, medical, government, legal, financial, educational, technology, industrial, etc. The software is powerful and flexible enough to accommodate tenants in multiple industries. The company has an established track record of winning and performing over 10,000,000 square feet of successful relocation projects ranging in size from 1,500 square feet to 950,000 square feet. The software is a secure cloud-based SaaS tool that positively changes the outcome of each move by educating commercial office tenants. This highly intuitive software helps tenants manage their key Deadlines, Deliverables, and Dollars.

Competition Description
Given the environment over the past few years, many companies are relocating out of California, or even downsizing to smaller footprints or transitioning from Business space to Industrial or Non-Commercial space. California is on the move and this software is ideal to help those moves take place smoothly. There is no other dedicated software that serves this niche.

Growth / Expansion overview
This business has repeat customers as well as new customers. The current Owner is only working part time and is semi-retired, only logging approximately 3 days per week and 8 hours per day. Growth can be obtained through transitioning back to a full time focus, increased marketing in the local market and potential partnerships with Property Management companies across the US. Key benefits of the software include instant differentiation in the marketplace, multiple revenue streams and a reason to meet prospective clients earlier in the relocation process. This business is fully relocatable, fully scalable and fully able to grow rapidly with marketing focus and adding additional trained staff.

Support / Training Comments
The Seller is willing to train the new Owner for up to 4 weeks at 24 hours per week virtually. Seller is willing to provide additional training at mutually agreed upon terms. All expenses to be reimbursed if Seller is required to travel for training purposes.

Reason For Sale
Seller is transitions from partial retirement to full-time retirementx`

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.