Solid Profitable Software Business For Sale
Location Illinois,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $10000000
Net Profit / Cash Flow $1500000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 50 - 99
Inventory 1000000
Relocatable Yes
Number of Employees 50 - 99
Real Estate Leased
Training Available.
Reason for Sale Launching 3 other ventures.
Description Well established IT Services company with project and staffing business for sale. revenues above USD 10 Million and Gross Profit of over 1.5 Million. Net profit before management fees and dividends 0.6 million per annum. More than 15 active direct corporate clients and 70 + employees. Home grown ERP system and other IP built with investment of over 0.5 Million.
The business has excellent potential to grow multi-fold with the right investment - since it already has strong systems, processes and management bandwidth built up.
The employees are mainly in the area of Data Warehousing, Microsoft technologies and Database Management - all of which are growth areas.
The business is also being sold with excellent client relationships - which can be well exploited with proper investment.
The home grown ERP system itself will be a product - if packaged well and sold to other 1000s of staffing companies in US.
Expected Price $7.5 Million USD CASH
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