Hot Listing
Specialized Hospitality Technology Company w/ High Recurring Revenue
Business Description
Established hospitality technology company providing proprietary software and integrations for casinos, hotels, resorts, and other complex hospitality operations.
The company has carved out a defensible niche around Oracle Hospitality Simphony, addressing mission-critical workflow and integration challenges that are difficult for competitors to replicate. Approximately 60% of revenue is recurring, supported by a 96%+ annual renewal rate and long-standing customer relationships. The business has a diversified customer base, with no single customer accounting for more than 10% of revenue. Specialized Oracle expertise, regulatory requirements and established industry relationships create meaningful barriers to entry and a strong competitive moat.
An experienced 7-person team operates the business with limited founder involvement. Customer acquisition is also supported by referrals from Oracle’s sales organization, reducing the need for a large internal sales team. The company offers several avenues for future growth, including expansion of its proprietary software, cross-selling to existing customers, new product releases, and expansion into additional hospitality applications. Its software is embedded in mission-critical casino, hotel, restaurant, and retail workflows, creating meaningful switching costs and ongoing demand for support and updates.
For more information, contact Dylan McGrath, Sales Advisor.
The company has carved out a defensible niche around Oracle Hospitality Simphony, addressing mission-critical workflow and integration challenges that are difficult for competitors to replicate. Approximately 60% of revenue is recurring, supported by a 96%+ annual renewal rate and long-standing customer relationships. The business has a diversified customer base, with no single customer accounting for more than 10% of revenue. Specialized Oracle expertise, regulatory requirements and established industry relationships create meaningful barriers to entry and a strong competitive moat.
An experienced 7-person team operates the business with limited founder involvement. Customer acquisition is also supported by referrals from Oracle’s sales organization, reducing the need for a large internal sales team. The company offers several avenues for future growth, including expansion of its proprietary software, cross-selling to existing customers, new product releases, and expansion into additional hospitality applications. Its software is embedded in mission-critical casino, hotel, restaurant, and retail workflows, creating meaningful switching costs and ongoing demand for support and updates.
For more information, contact Dylan McGrath, Sales Advisor.
About the Business
- Years in Operation
- 26
- Employees
- 7 Full-time
- Currently Relocatable
- Yes
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 6 months
Listing Info
- ID
- 2544545
- Listing Views
- 98
Listing ID: 2544545 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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