Sold. Erp Systems Solutions Provider

The business is a comprehensive provider of Enterprise Resource Planning (ERP) Systems designed for a niche vertical market. Located in the Northeastern region of the United States, the Company boasts national sales presence in nearly every state (90% of revenue) as well as in Canada (10%). Impressive 2010 Discretionary Earnings of $234,000 on revenues of $1.1 million, with majority of revenue split among subscriptions to annual support contracts (62%), software sales (27%) and training and installation (10%). The Company boasts a highly diversified account base of approximately 85 active accounts. Beyond initial software purchase, no client represents more than 5% of total revenue, causing significant recurring revenue stream and repeat business generated from upgrades and add-on product. Support department offers full service solutions ranging from custom programming and installation to on-site and Internet based training. Completely updatable and convertible software includes add-on modules to meet every client’s needs – exceeding traditional business applications. Distinguished from competition by extremely high rate of employee retention, proprietary software codes and turnkey solutions which allow clients to standardize among separate divisions, .Net module which allows for remote database access, and the superior and far more comprehensive software solutions offered at low cost.

Market / Competition / Non-Competition Agreements
Exciting potential exists to expand beyond the packaging industry and provide services to any type of manufacturing business. Other areas of potential growth include the expansion of sales staff, exploration into hardware sales as well as the ongoing development of upgrades and new software.