We run SaaS project - cloud point of sale, now we have about 1200 customers and 12000$ month sales. Do you know any companies how can help in selling or finding strategic investor?
Could you please give more insight and what you specifically want to achieve?
I would tread very carefully with a broker. There are no regulations for business brokers and you may find yourself getting tangled up in all sorts of commission contracts and fee's with little results. Check them out carefully, ask for a list of business's they have sold like yours, and be careful if they want you to part with money.
Selling a business can be quite tricky. Usually the buyer is someone relatively close, someone who knows the business.
To sell you will need to package it up and get it into a place where it is salable, for some business's that can be straight forward for others possibly not.
You will need to step outside the box and imagine you were parting with your cash, how would you run it, what skills would you need, is there commitments such as staff, or do you need to hire staff to handle it. With a tech company such as your's there could be technical issues. It may be you are the driving force and without you the business simple won't run.
Once you have that figured out you will need to put together some basic info, a sales pitch backed with some numbers last years turnover, costs and profit. These numbers should help you come up with a value based of asset value, profit * 1,2,3,4,5 or more years.
Once you have that all put together you can start looking for a buyer. Look at potential business that could benefit from your business as a bolt on, or advertise it online there are quite a few sites out there.
If your customers love your software perhaps your could package it up, arrange hosting and sell it to them for $149 dollars. That would return you one years revenue with less costs in advance.
You most likely need to sell it yourself. There are some websites that have business for sale listings.
You need to start by coming up with a good paragraph explaining the company, what it does, and how a new owner might grow it.
Right here and now might be a good opportunity to start.
What percentage of the $144K per year represents costs?
If you had $1M to grow the company, on what EXACTLY would you spend the money (details please).
Oops. I see you are really looking for an investor as opposed to a buyer? Is that correct?
Thanks for responses. For 2017 cost was about 64%. I think first I will try to find investor for my project. Also will be grateful for advises about companies that can help in rising funds for project like mine
POS software is highly fragmented space. Would need to know more details but you need to bootstrap with friends and family $$ to get it to $1M+ annual recurring...then many options open up. Easier said than done I know, given high competition in that space.
I want to find a strategic investor for our project. And I need an advise maybe you know some international busines brokers who can help me with it
For selling, you might try FE International (https://feinternational.com/). They have a good reputation, though I've not used them. Good luck!