Hot Listing
10 Year Old SaaS Company , No Employees, Established Clients
Business Description
Interactive web-based copyrighted software solution that electronically automates notice filings for contractors, suppliers, and sub-contractors by utilizing existing data. Customers can be charged per project or by monthly subscription for unlimited notice filings. Our software substantially reduces the costs of issuance and delivery of notices, will correctly format notices with the statutory state requirements, and verify delivery within timelines set forth. All data is stored in a secure database and customers can access their project data via multi-user interfacing dashboard. Notices can be electronically filed in more than 2400 counties in the United States. Our software can also track the delivery of notices and will match the correct parcel address with the United States Post Office. Should further notices be necessary (such as in Texas), those notices can be timely provided or directly extracted from internal data as necessary for perfecting suppliers claims for payment during the course of the project.
Solutions:
- Assure documentation to preserve commercial subcontractor payment rights by state
- Verify subcontractor data
- Issue required notices in a timely manner to owners, sureties, and contractors with statutory requirements
- Collect data on receipt of notice delivery
- Alerts upcoming deadlines for filing required documentation
- Consolidate collection data in ensure payment
- Provide documented support for lien filings as necessary
- Electronically file appropriate documents at courthouse state by state
This software could be an ideal bolt on to construction management software solutions, CRM's, insurance companies, law firms, or subcontractor trade associations, construction or legal educational sites, & large construction management companies. High customer retention rate.
Solutions:
- Assure documentation to preserve commercial subcontractor payment rights by state
- Verify subcontractor data
- Issue required notices in a timely manner to owners, sureties, and contractors with statutory requirements
- Collect data on receipt of notice delivery
- Alerts upcoming deadlines for filing required documentation
- Consolidate collection data in ensure payment
- Provide documented support for lien filings as necessary
- Electronically file appropriate documents at courthouse state by state
This software could be an ideal bolt on to construction management software solutions, CRM's, insurance companies, law firms, or subcontractor trade associations, construction or legal educational sites, & large construction management companies. High customer retention rate.
About the Business
- Years in Operation
- 13
- Number of Employees
- 1
- Currently Relocatable
- Yes
- Currently Home Based
- Yes
- Facilities & Assets
- Software licensing and copyright. Company name copyright. Licensing agreements in place, subscription agreements in place, intellectual property of software systems and database.
- Website
- https://www.liensafe.net
- Market Outlook / Competition
- Niche market, few competitors that mostly offer single use service as opposed to integrated software solution.
- Opportunities for Growth
- Any company that improves real property that is not directly contracted with the property owner. Growth possibilities are endless with the right connections in the construction or wholesale supplier industries. Difficult to sell into construction industry if not directly involved with contractors or suppliers day-to-day.
About the Sale
- Seller Motivation
- Owner operates separate larger business unrelated to industry. Time devotion is
- Transition Support
- Transition training provided, personnel willing to remain involved to support buyer.
Listing Info
- ID
- 2347318
- Listing Views
- 2012
Listing ID: 2347318 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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