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Software House In Niche Market For Sale
Location: Malaysia -> Subang Jaya
Industry: Technology – Internet Related > Application Service Providers




Business Summary

We are a 10-year old company and the primary business software solutions provider for the insurance broker industry in Malaysia. Our business software (called the Equal Insurance Broker System) is developed in-house. The business potential in this industry is profitable both locally and regionally. With the proper resources both financially and otherwise, the software has far-reaching possibilities due to the lack of such a system in the market. Please feel free to contact me for any queries.

Competition/Market: Our competitors are mainly UK, Australia or Singapore - based. Locally, we have a competitor supporting 1 client. We currently have 11 clients and have 25% market share of the industry.

Potential:
1. As a 10 year old company, we have built good relationships with many of our clients and their word of mouth helps us in selling our solution
2. We have had calls from regional countries inquiring on the software but due to lack of resources, we are unable to go to those markets at the moment. There is a big potential, especially in Singapore.
3. Accompanying systems can be developed to provide 'plugins' to the current solution (such as crm or client-centric web-based programs) as additional value-added tools to our existing clients. This will also be an attraction to prospects looking into buying our solution
4. We are currently dealing with a re-insurance company. This will open up a brand new market for us as re-insurers require a different solution than brokers. In addition, the re-insurance market is huge compared to brokers

Buyer Support: We will hand-hold the buyer (between 3 months to 1 year) to assist the buyer's team in transition of establishing client relationship, handling of the software's coding, concept and design and getting a feel of the industry and familiarization of the business potential. Contact for more information on this Software House for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $50,000
Cash Flow:   $25,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  Less than $1,000.
Seller Financing:  No

About The Business

Year Established:  1997
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  We will hand-hold the buyer (between 3 months to 1 year) to assist the buyer's team in transition of establishing client relationship, handling of the software's coding, concept and design and getting a feel of the industry and familiarization of the business potential.
Reason For Selling:  Close to retirement age and interest in other businesses.




Print Listing Id: 70095062
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Related Searches: Application Service Providers  >  E-Commerce and E-Tailers  >  Internet Service Providers  >  Web Design and Software Development  >  Other Technology - Internet Related  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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