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Cloud Accounting And POS Software Company
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2002
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Yes.
Reason for Sale Personal.
Description This is the only web based, cloud solution that includes a full blown accounting solution for country clubs, hotels and restaurants. Product includes multi company web based accounting, catering package, hotel property management, point of sale for food and beverage, pro shop and retail. Includes many options that incorporate a company web site, digital signage, and text messaging. Offers modules for online training videos, graphic design, web sites, manuals and much more to increase customer monthly recurring revenue. Cost $1.5m and 10 years to develop. This product is already installed at many major country clubs in the Northeast and is expanding nationally. Potential $30-$50m annual sales. Company expects 25%-50% of the market share(btwn 1000-2000 country clubs). Now expanding into restaurants and catering halls. Partnership and cash infusion is being sought for national expansion and to buy out initial investors. Full set of servers, software, support staff and management personnel in place. Data Center is secured through backup and redundancy. There is no competition. This site and its capabilities must be seen via web tutorial to be believed. Offers member web site, reservations systems, member billpay, club email blast, flyer creator, digital sign capability. Accounting- G/L, A/P, Member billing, A/R, Inventory, hotel reservations, timekeeper, POS, Pro shop for golf and tennis, tee times. Contact broker for more information and business plan. Owner is willing to sell all or part of the company. Owner is seeking $850k for a 25% partnership but is negotiable. Proof of funds and a supplemental NDA is required.
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