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Business For Sale
ACCOUNTING SOFTWARE DEV. CO. / SAAS TECHNOLOGY
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Asking Price: |
Not Available |
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Business for Sale Industry: |
Technology: Software
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Reason for Selling:
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Fragmented ownership; 7 owners w/varying interests. |
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Year Established:
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2002 |
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# of Employees:
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4FT; 2PT |
Business for Sale Overview:
This Company has developed SaaS technology for a revolutionary new XML accounting framework that excels in numerous environments. It is designed to provide real-time access to accounting and financial data over LAN, desktop or the Internet. The number of users is unlimited. The powerful XML web services Application Program Interface (API) allows the product to be seamlessly integrated with other systems, including remote systems over the internet. The Company offers unlimited and multiple profit center opportunities to new ownership: OEM Partners, VAR Partners, Direct Sales to End Users, Services (consulting, large-scale custom module development and implementation services), Accounting and Service Firm Licensing applications, etc. Growth Opportunities: Many of the existing accounting software applications on the market today are not web-base compatible. Over the next few years demand for this company’s software will accelerate as old legacy products become obsolete. Why an Acquisition Makes Sense: This Company’s proprietary software platforms are versatile and can be easily integrated into other existing products. Demand for the product is growing, but the existing team is too small to meet the huge demand. Management therefore seeks to be acquired in order to bring their sales and service capacity to the next level.
Property Features and Assets:
Office space is currently adequate and rent is reasonable.
Market Competition and Expansion:
Growth expected, especially in web-based applications/technologies such as those offered by the seller.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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