Designs, Develops and Maintains Custom Software Systems

Pacific

Designs, Develops and Maintains Custom Software Systems
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $6,200,000

EBITDA: $1,408,000

FF&E: N/A

Inventory: N/A

Established: N/A

Designs, Develops and Maintains Custom Software Systems

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Business Description

Founded in 1971 and organized as a C-Corporation, the Company provides software development services as a subcontractor to major corporations such as AT&T, DEC, IBM, NEC, MorphoTrust/Track, and UNISYS. The Company concentrates on the design and development of large custom systems such as high volume message switches, large database systems, biometric systems, DMV database & issuance systems and the automation of large clerical systems.

Customers are local government agencies (85% of revenue) and state agencies (15%). The Company relies on trade and industry shows, word-of-mouth, and referrals to generate business. Since inception, the Company has established an extensive network of contacts in the state and local government sectors. Revenue is derived from the following sources:
• Technical maintenance contracts (51.4%)
• System sales (21.2%)
• Facilities management (12.8%)
• Vehicle installations (14.6%)

Detailed Information

Financing:
Negotiable
Support & Training:
As needed
Reason for Selling:
Pursue other interests
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(from currently available funds)
 
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Mike Meredith

Business Listed By:
Mike Meredith

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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