POS Payment Processing Software Hardware & Accounts
www.GlobalBX.com
Listing ID:
700189045
Listing Title:
POS Payment Processing Software Hardware & Accounts
Quick Link:
http://www.globalbx.com/listing.asp?bId=189045
Industry:
Technology – Internet Related
Industry Segment:
E-Commerce and E-Tailers
Country:
United States
State / Province:
Virginia
Area
City:
Fairfax County
Asking Price Range:
$1.0M - $2.5M
Gross Revenues:
$1,200,000
Cash Flow:
$350,000
Cash Flow Type:
EBITDA
Year Established:
2009
Number of Employees:
6 - 9
Business Description:
Payment processing point of sale software business for sale
Projected $1.2B annual payment processing transaction portfolio via our proprietary multi platform point of sale software.
$1.1M with $550K down and $550K 5 years at 5%
A point of sale & payment processing company with low overhead, high margins & monthly residual income. Our strengths include: Copyrighted multi platform Point of Sale Software - Payment integration with all major processors - Onsite installation & training technicians in 290 cities in North America - 4k POS systems installed in last 3 years during R&D phase - Projected $1.2B in account transactions annually within next 5 year.
Products & Services
We derive substantial residual revenue from our merchant residual portfolio. We do so by selling directly to new smaller merchants (mom and pop operations) as we have consistently done over the last 3 years. Our growth of this residual revenue stream will be done by bundling the cost of the pos hardware/software bundle into the merchant’s monthly processing statement with little or no finance charges or fees. Merchants need a reliable system to manage their sales, track inventory, process electronic payments, manage purchasing, calculate commissions & bonuses payable to the sales force. To the need the market offers credit terminals, accounting programs with no integration or cost prohibitive POS systems. uTouchPOS incorporates secure payment processing, inventory control & sales management into one user friendly solution at 75% below market.
Target Market
Global point of sale (POS) software industry is expected to reach $3.2b in 2014 driven by retailers upgrading POS necessary to deal with multi channel shopping, which calls for evolving POS software design. Obstacles to market growth include the cost of software upgrades. POS systems involve hardware & software used to accept payment transactions. The world POS hardware industry is expected to reach almost $31.5b in 2014.
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