1036 - IT Services and Business Management Software Developer

WI

Seller Financing Available
1036 - IT Services and Business Management Software Developer

Asking Price:$1,895,000

Cash Flow:$450,000

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$460,000*

Established:1990

*not included in asking price.

1036 - IT Services and Business Management Software Developer

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Business Description

This software development company has its own proprietary product that has revolutionized Business Management software in addition to Full Service IT support. With the ability to service every IT and software need, this one-stop-shop makes for a great opportunity to up-sell business customers and keep them loyal. They are even able to integrate their software with 3rd party providers and offer customized solutions.

HIGHLIGHTS

• Contracted Recurring Revenue Model!
• Diversified Customer Base!
• Weighted average discretionary earnings of over $450,000!
• Full support Staff!

Detailed Information

Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
10
Facilities:
Building is 11,000 square feet and capable of accommodating growth of the business up to three times its current size.
Competition:
Major competitors in this space are large, slow moving companies with products such as SAP and Microsoft Dynamics. The subject company is able to provide much better customer service, something required by most small companies. The product is also more cost-effective and can be developed and implemented much faster.
Growth & Expansion:
The current ownership does very little marketing, and only recently hired their first sales person. In the past they have found most of their marketing to be ineffective as it is not one of seller's strengths. Growth opportunities will present themselves with a focus on marketing and sales including such things as interactive marketing through google ad words, attending trade shows, radio, print, etc.
Financing:
Available for qualified buyers
Support & Training:
Seller is willing to assist in training the buyer.
Reason for Selling:
Seller wants to focus on his passion, programming.

Listing Statistics for Premium Members

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Sean Scannell

Business Listed By:
Sean Scannell

Lakes Business Group, Inc

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