- Yearly revenue
- Yearly net profit
- Asking price
- $55,000 SOLD
- Strong gross and net margins of c.91%
- Wide range of tools in the product
- New software in development
- Presence in a growing niche
For sale is a software business in the computer security and encryption niche.
Launched in 2011, the business creates file encryption software for Windows, Mac and Android devices. The software offering enables users to encrypt Dropbox, Google Drive and OneDrive files as well as locally stored files and media.
In the last 12 months the business has boasted strong gross and net margins of c.91% and revenues of c.$24,000. Additionally, The business is in the process of developing new software compatible with iOS, providing a new platform to generate revenues.
The business presents a great opportunity for a buyer looking to enter the computer security space with a proven business and plenty of profitable growth opportunities.
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All numbers are prepared on a SDE basis.