Established in 1997, this well-known brand offers popular consumer-oriented audio and video recording, converting, and editing software programs for both Windows and Mac operating systems. Over the years the business has grown and added a variety of quality products resulting in a loyal customer base of over 700k paid customers.
The products appeal to both individual and businesses customers who purchase the recording software programs for a variety of reasons and applications. The programs record whatever is playing or heard through the user’s computer. Popular media content includes the downloading of YouTube and similar streaming content, recording music, Skype calls and recording Netflix and other video content.
The well known, widely used products and loyal customer base are an established, reliable revenue source with plenty of opportunities to up-sell to new customers, re-sell, or cross promote to existing customers. Data of over 700k customers, the business’s trademarks, and a variety of domains and social media accounts are all induced in the sale.
In 2014, The Owners developed a separate SaaS company. Most of their time since has been spent on this new endeavor with limited time available for maintaining this business. This sale will free up the owners time and provide capital resources to the further development of their new company.
Please download the prospectus below to receive the comprehensive details of this business.