Listing ID: 77434

Business Overview

Founded by veterans in software test automation industry, this test automation platform is first of its kind. This platform offers complete end-to-end automation testing capabilities for WEB, MOBILE, DESKTOP and API-Driven applications. This product is architecturally superior to products currently in this space. Key differentiators include extendibility, flexibility, and intelligent analytics. This product has been used successfully in a few Fortune-500 company’s Test Automation projects during the last 7 years. This platform is a great opportunity for IT consulting services companies, strategic investors, and tech companies who would like to add this to their existing portfolio, or any new player aspiring to enter the low-code/no-code automation market.

Financial

  • Asking Price: N/A
  • Cash Flow: $5,000
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people resolve to sell companies. However, the true factor and the one they say to you may be 2 totally different things. As an example, they might state "I have a lot of other responsibilities" or "I am retiring". For many sellers, these factors stand. However, for some, these might simply be justifications to try to hide the reality of changing demographics, increased competition, current decrease in profits, or an array of other reasons. This is why it is really essential that you not depend totally on a seller's word, yet instead, make use of the vendor's answer together with your total due diligence. This will paint a much more sensible image of the business's present situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your offer. Many companies borrow money with the purpose of covering points like inventory, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can imply that earnings margins are too small. Many organisations fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that must be satisfied or may result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area bring in new consumers? Many times, businesses have repeat clients, which develop the core of their everyday profits. Particular aspects such as brand-new competitors sprouting up around the area, roadway construction, and employee turnover can affect repeat customers and negatively impact future incomes. One important point to take into consideration is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Certainly, the more individuals that see the business regularly, the greater the opportunity to develop a returning consumer base. A last thought is the general area demographics. Is the business situated in a densely populated city, or is it located on the outskirts of town? How might the neighborhood typical family income impact future income prospects?