Growing Tech-Enabled Grant Management Service | $20K per Client
Asking Price: | $2,200,000 |
Gross Revenue: | $1,018,691 |
Established Year: | 2022 |
Cash Flow: | $409,315 |
EBITDA: | $409,315 |
Massive US Expansion Opportunities
Launched in 2022, this grant management company offers a risk-free solution for tech scale-ups seeking government funding. By combining AI-powered grant writing with human expertise, it enables efficient processing of multiple client applications. The service targets busy tech executives who lack the time or expertise to handle grant processes internally and want to avoid the high costs of traditional consulting.
The company charges $20,000 annually with 48% SDE margins, serves 137 active clients, primarily in Canada, and recently expanded into the US with 11 deals nearing close and a 95% success rate.
The expansion into the US offers access to a much larger market, increasing the contract value from CAD 15,000 to USD 20,000 (~2x). Recently, trademarks have been granted in the UK and EU, and internal research indicates there is potential for over 21,000 ideal customer profiles in those regions. With a proven sales process, the business is primed for scale.
Their immediate plans include adding grant accounting services, which could boost per-client revenue by $4,000. In addition, many potential upsell opportunities are being explored, particularly with larger grants exceeding $1M.
The business operates on proven systems requiring only 10 hours of weekly owner oversight. A remote team of seven full-time staff and eight contractors handles daily operations, including sales and grant writing, all of whom are committed to continuing with new ownership.
The next owner will benefit from profitable annual contracts generated by a proven outbound sales process, ensuring predictable cash flow. With established systems and a strong track record, this business is ready for its next growth phase.
Note: The asking price is based on the projected expansion in the US, which is already underway (see forecast in the financial package).
Key Benefits:
Validated Sales Model: A money-back guarantee drives a 40% close rate while maintaining 95% client success.
Contract Growth Opportunities: Adding a grant accounting service add-on could boost client value by $4K while extending contracts beyond the initial 12 months.
Well-Documented: Documented standard operating procedures and automated processes with no-code tools allow new owners to master operations quickly.
Experienced and Dedicated Team: A dedicated team of seven full-time employees and eight contractors manages all business aspects, from sales to grant writing. All team members are eager to remain with a new owner.