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Computer Software Developer Providing IT Support Services

Mid West

Computer Software Developer Providing IT Support Services
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $1,900,000

EBITDA: $180,000

FF&E: N/A

Inventory: N/A

Established: N/A

Computer Software Developer Providing IT Support Services

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Business Description

The Company provides a complete software solution for Third Party Logistics (3PL) operations. It offers software development, consulting services, and support services. The software addresses handling of mixed business requirements, data integration, discrete inventories, and flexible billing requirements of the 3PL industry. The consulting expertise offered includes customer requirements analysis, operational startup and management, capacity reviews, resource management and disaster recovery planning, operating systems, and network configuration.

In 2018, the Company’s product and service mix as a percentage of revenue includes: Development, Mapping, Consulting (55%); Support Services (35%); and Licensing & Upgrades (10%).

The Company’s customer markets include 3rd party logistics (53% of 2018 revenue); Contract logistics (27%); Fulfillment services (17%); and Hosted customers (3%).

It operates from a 5,000-square foot office facility, and is currently staffed by 8 full-time employees.

Detailed Information

Competition:
* Strong Client Relationships: The Company is proud of its strong ties to clients and its reputation developed over its 19 years of existence. This commitment is represented in a 100% client retention rate. * Modest Ongoing Capital Investment Requirements: The Company has put the infrastructure in place to support operations. It adopted a strategy where it leases the critical hardware and replaces it with the next generation on a regular schedule. Outside of these fixed operating costs, there are minimal capital expenditure requirements. This allows the Company to quickly respond to growth and capacity needs in its operations.
Financing:
Negoitable
Support & Training:
The active shareholders are willing to stay with the Company at least during a transition period in order to ensure a seamless transfer of ownership. Should the prospective purchaser desire ownership to hold full-time positions with the Company, ownership would be interested in considering this type of arrangement.
Reason for Selling:
Retirement
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Jerry Yocum

Business Listed By:
Jerry Yocum

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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