Access Control SaaS Company with Strong Recurring Revenue and High Margins

Business Description

700+ Clients Nationwide and in 6 Countries and Strategic Fitness Partnerships

Project Access is a remote-operated SaaS and hardware-enabled access control provider serving fitness and recreational facilities globally. The company offers secure, insurer-compliant 24/7 entry via a proprietary mobile app, integrated billing tools, and access to a global gym reciprocity network.

The platform supports over 700 gyms across six countries, with customer retention near 90% (ex-COVID/closures). A dual-brand strategy targets both fitness operators and recreational venues, unlocking significant market expansion potential. Recent system modernization ensures scalability and stability, with no legacy code remaining post-2025 rebuild.

• Year | Revenue | Adj. EBITDA
• 2026F* | $ 1,650,000 | $915,000
  2025F* | $ 1,475,000 | $810,000
  TTM Aug ’25 | $1,436,000 | $788,000
  2024 | $1,387,000 | $593,000
  2023 | $1,137,000 | $458,000
  2022 | $816,000 | $344,000
•  
• • ~75% recurring SaaS revenue; installs used as a strategic loss leader
• • ~90% SaaS gross margin
• • >700 active client locationsin 6 countries
• • Strong retention: ~90% excluding closures/COVID
• • Proprietary technology stack rebuilt 2024–2025, no legacy code, viable 5–7 years
• • Significant TAM: 94,000+ U.S. gyms plus recreational venues
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Confidential listing. To learn more about this remarkable opportunity, please complete the form, and we will be in touch with an application to complete, followed by a non-disclosure agreement, then access to the Marketing Package, including the detailed CIM and financial databook. 

*Any financial forecasts or projections contained herein have been provided by the seller and reflect the seller’s assumptions. Such forecasts and projections are presented for illustrative purposes only and should not be relied upon as a guarantee of future performance. Neither MidStreet nor the Company makes any representation or warranty, express or implied, as to the accuracy or attainability of such forecasts or projections. Prospective purchasers should conduct their own independent investigation and analysis and are cautioned not to place undue reliance on these projections.