B2B VERTICAL SOFTWARE | 25+ YEARS | $319K RECURRING, PREPAID ANNUALLY | $899K ASKING I'm representing the owner of a profitable B2B software company on an exclusive sell-side mandate. He's retiring. Posting here because the profile suits a self-funded searcher or independent sponsor more than it suits a strategic. FINANCIALS - 2025 revenue: $600,redacted: $544,732 | 2023: $279,299) - Recurring revenue: $319,167, grown every year - $128K in 2023, $245K in 2024, $319K in 2025 - 2025 SDE: $270,827 - 2025 adjusted EBITDA: $118,000 (SDE less a market-rate owner replacement) - Asking: $899,000 - Structure: asset sale WHY THE REVENUE IS UNUSUALLY GOOD - Contracts are annual and billed in advance, with mandatory software assurance. Cash is collected before delivery, so the recurring base largely funds its own working capital. - Three customer losses in five years. The nine largest accounts average roughly ten-year tenures. - The product is embedded in the customer's system of record, not a standalone tool - switching carries real operational cost, which is why retention holds. - Roughly half of revenue comes from outside the US (UK, Ireland, Canada). WHAT YOU'D BE BUYING - A 25-year-old product with a long-tenured, diversified customer base across technology, manufacturing, field services, consulting, engineering and architecture. - A new multi-tenant cloud platform, built and in market, developed over the past year. - A lean cost structure: five contractors plus the owner. No facilities, no inventory. - The senior technical lead is willing to continue, so this doesn't require a technical operator from day one - though a buyer who can sell is the one who will do well with it. WHY IT'S FOR SALE The owner is retiring. He's run it for 25 years, has not raised prices in some time, and has never had dedicated sales capacity - which is most of the opportunity here. FINANCING I'd expect this to be financeable through SBA 7(a) for a qualified buyer, and I can make lender introductions. Owner is open to discussing structure. NEXT STEP Happy to send a one-page summary to anyone who's interested. Full confidential memorandum - three years of financials, the earnings recast, customer analysis and transition plan - follows a signed NDA. Erik Kretschmar Managing Partner, Nova Exit Partners redacted | redacted