Asking Price – $3,572,000
| TTM Revenue | $2,181,000 | Established | 2021 |
|---|---|---|---|
| TTM Adjusted EBITDA | $759,000 | Employees | 8 |
| Working Capital | $97,000 | Location | Seattle-Tacoma-Bellevue, Metro Area |
We are a boutique consulting firm that specializes in helping organizations implement and maintain their Workday ERP solutions. From large-scale implementations to ongoing optimization, we work closely with our clients to meet their unique needs. Workday ERP enables enterprises to manage core functions across Human Resources, Financials, and Supply Chain. Implementations typically run 12–24 months and involve significant process transformation.
Top Thing to Know About the Business:
- Low Overhead: No office space and all employees work remotely
- Robust Cash Flow Margins: Has average 31.5% cash flow margins over the past 3 years
- Established Brand: Excellent reputation for outstanding on-time and on budget work
- Limited Marketing: most of the business comes from referrals and repeat business
- Very asset light business
- Seller Financing: 10% seller financing available to show seller’s confidence in continued success
- Training: Seller will train free of charge for 3 months to ensure smooth transition
- Recently executed services agreement with a large higher education focused consultancy, solidifying the company as the preferred staffing-partner for their Workday engagements
- Strong ERP knowledge among employees, contributing to effective project pitches/proposals
- Work quality among consultants is very good to high client satisfaction
Financing Details:
- With a down payment of $357,200 (10%), third party financing is available to finance the remaining balance over 10 years for a buyer with a requisite background that is qualified by the bank (the owner is willing to carry back 10% of the purchase price if needed). It will require a monthly payment of approximately $46,727. All notes will be personally guaranteed.
Support and Training:
- The Owner genuinely desires an effective business transition with seamless customer service through to the buyer. They will train a buyer for 60 days. An additional consulting contract can be obtained.
Reason for Sale:
- Three existing owners are entering new career and family phases.
For More Information on this Listing
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