Solid Profitable Software Business For Sale

Listing ID: 700115534

Listing Title: Solid Profitable Software Business For Sale

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Industry: Technology – Internet Related

Industry Segment: Application Service Providers

Country: United States

State / Province: Illinois



Asking Price Range: $5.0M - $10.0M

Gross Revenues: $10,000,000

Cash Flow: $1,500,000

Cash Flow Type: EBITDA

Year Established: 2002

Number of Employees: 50 - 99

Business 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 Send mail for principal contacts.

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