Asking Price: $970,000

Created in 2010, this company presents a rare opportunity to acquire a long-established, premium, highly profitable custom AI and software development studio with untapped growth potential. This 15-year-old distinguished brand created one of the original 500 apps Steve Jobs preinstalled on the first iPhone and has since built a reputation for excellence in creating mobile apps, web applications, AI solutions, blockchain systems, and VR/AR (virtual/augmented reality) experiences.

Despite having virtually zero outbound marketing or paid advertising efforts, the business has achieved impressive financial results, has managed to attract and create apps for Fortune 500 companies such as McDonald’s, Toyota, Mercedes, BMW, and the NFL, and enjoys endorsements by celebrities such as Kevin O’Leary from Shark Tank. The company consistently secures high-value projects, averaging $100K–$500K per deal, and maintains robust net profit margins of ~50%–75%. In the TTM, the company generated $700,000+ in revenue with $463,068 in seller’s discretionary earnings (SDE).

The company’s competitive edge is further strengthened by its team of skilled developers, most of whom have been with the business for over a decade, as well as its CEO, who manages day-to-day operations. This allows for a smooth transition and the flexibility for a new owner to be as involved as desired. For a savvy investor, especially one with paid marketing and advertising experience, the real growth potential lies in marketing and outreach because the company’s structure and bandwidth are already in place. By leveraging the established reputation, team of experienced developers, and free cash flow generated by high margins, there’s significant potential to immediately ramp up deal flow and revenue.

The owner owns multiple businesses and spends about 2–3 hrs/week on this business. He’s selling to fund an investment opportunity and is therefore looking strictly for all-cash buyers who can move quickly.