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BUSINESSES FOR SALE

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Businesses For Sale   >>   Massachusetts Businesses For Sale Categories   >>   

Mainframe Software Developer

Location  Massachusetts,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $175900
Net Profit / Cash Flow  $51550
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  1999
Number of Employees  4 - 5
Relocatable  Yes
Number of Employees  4 - 5
Real Estate  Leased
Training  The two technical partners responsible for the concept and development of the software tools, as well as ongoing maintenance and customer support services, are interested in staying on and working in some capacity with the new owners.
Reason for Sale  Health issues with the main investor and partner.
Description  This Company develops software tools for IBM mainframe computers. In 1999, the company began selling a suite of technically innovative software with the belief that mainframe software tools do not have to be incredibly expensive to be good. Total sales are approaching $2 million. The software tool suite includes powerful debugging tools, code coverage tools, event recorders, file comparison and testing tools. The company has continued to update their software to stay current with the latest IBM technology releases, and provides ongoing technical support and product updates to their active customer base. This cost effective and desirable suite of software tools has not been actively sold or marketed recently, providing a great opportunity for a strategic buyer to capture a significant revenue stream and coveted market share.
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