BUSINESS DESCRIPTION
Location: London
Asking price: £2,000,000
Turnover: Recurring contracted revenue of circa £300,000 per annum
EBITDA: Currently circa £200,000
Business Information
This Business offers leading software package support and assistance, providing the correct software solution for clients, with the ability to quickly, efficiently and cost effectively enhance customer relations, increase sales, improve marketing and workflow through to end user support, thus maximising clients return on investment.
This recently developed, highly innovative software offers many opportunities in the developed vertical market. Features include CRM, Marketing, Sales, Paperless Office, Unique Automation Features, Office Efficiency and Accounting elements. Clients include a variety of commercial companies with over 60% of users being from the accountancy profession.
The Intellectual Property Rights of the software are included in the sale package and attract overseas sales as well as the UK market.
The company has concentrated on growing the product. However, the opportunity is there to massively increase sales should the product be taken on by a larger company. This opportunity would appeal to a buyer with a sales force and/or existing customer base to sell to.
Key Strengths:
The mission of the business is to help companies improve the way they operate. Services include installation, data conversion, training and consultancy.
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Support and Training:
The vendor is happy to provide support and training for a negotiated period of time.