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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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

Payroll Service Bureau With Exclusive Software License

Location  Massachusetts,United States
Asking Price Range  $250K - $500K
Gross Revenues  $400000
Net Profit / Cash Flow  $140440
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2008
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Will train for 4 weeks at no cost.
Reason for Sale  Not core business.
Description  An enterprise Human Resources software firm is divesting this profitable payroll service bureau with $400K in recurring annual revenue from users of its HR payroll small business focused software platform. The core business of the software company is enterprise solutions serving a small number of very large clients. The programmers developed this payroll software as a solution aimed at the small business market; but their core business model does not profitably allow for the type of support required for many small business clients. Therefore the company would like to divest this business and pass these clients on to a buyer who would have the exclusive license to sell their software solution into the small to medium sized business marketplace. The software is integrated into one of the leading staffing software solutions, providing an enormous opportunity for future growth. Ideal buyers include smaller existing payroll service bureaus seeking a robust software platform to service their clients; or an ambitious individual with payroll sales experience looking to make the entrepreneurial leap. The software itself is also available for sale for the right buyer with an existing software company or software experience. Sales Price: $450,000. Contact: John Gledhill Phone: 508-732-4100
Click Here To Contact Seller

    

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