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Mobile App Development Studio In Central Oxford

Oxford, Oxfordshire, South EastIdentity protected

Available

Mobile app development studio in central Oxford

About this business

A mobile app development studio in central Oxford, trading since 2002 from leased offices. It designs and builds apps for universities, charities and small businesses, and earns ongoing income from hosting and support. Turnover has grown slowly from £394k in 2021 to £430k, while EBITDA has risen from £86k to £102k. Five designers and developers make up the team. On offer is a profitable studio with a mix of project and support income. The asking price is £725k.

Key investment highlights

  • Trading since 2002
  • EBITDA of £102k
  • Ongoing hosting and support income
  • Team of 5

Reason for sale

The founders are retiring and want the team kept together.

Nothing flagged on the two questions buyers ask first

No flag

Revenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.

  • Revenue directionNo flag

    Turnover is flat year on year.

    • 2021: baseline
    • 2022 (+1.5%)
    • 2023 (+1.8%)
    • 2024 (+0.5%)
    • 2025 (+3.7%)
    • 2026 (+1.4%)

    6 years of turnover, 2021 to 2026, as supplied by the seller.

  • Client concentrationNot stated

    The seller has not declared what share of revenue the largest clients represent.

    No declaration supplied. Client concentration cannot be derived from accounts.

EBITDA margin widened from 21.8% in 2021 to 23.7% in 2026.

These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.

Computing valuation...

What happens next

Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.